Analysis
2017 Fractal
- Inverse head and shoulders pattern invalidated and now seeking an ascending triangle breakout
- 100MA serving as resistance turned support on the 4H chart
- Breakout targeting the 61.8% fibonacci resistance at ~$3400 before retesting the resistance turned support
- Targeting a multi-week ascending triangle on the macro time-frame, akin to 2017 (see post linked below)
2017 Fractal