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BTCUSD weekly chart analysis,
After long time breakout form major trend line , it has formed very strong Cypher pattern , that's why we are getting good resistance level at 1.27 fib extension of BC ... now it can retest at its previous tendline, if violated cypher due to very bullish sentiments or after retest of trend line it is going to form Gartley pattern at near about 16000 USD level.
Anything can happen anywhere, best of luck and safe healthiest trading :)
After long time breakout form major trend line , it has formed very strong Cypher pattern , that's why we are getting good resistance level at 1.27 fib extension of BC ... now it can retest at its previous tendline, if violated cypher due to very bullish sentiments or after retest of trend line it is going to form Gartley pattern at near about 16000 USD level.
Anything can happen anywhere, best of luck and safe healthiest trading :)
Trade active:
Finally BTCUSD moving down as I expected before... so we can observe the power of beautiful cypher pattern... It should retrace major trend line, or major levels of fibonacci from C to D. But expecting overall bullish trend in BTCUSD.
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