Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Hello, support the idea with your likes and love to see your inputs in comments, maybe your view is different on price action — let me know. So in last update i was able to spot cup and handle pattern which bring the price up to 9000-9200 zone. But what about now? Now price extended to 9200 and I see developing Bull Flag pattern. Target for this pattern Measured by Height of Flag Pole and placing relatively the resistance of the flag. This gives us a target near 9650. To be safe split target zone to 3 targets at 9270 — 9393 — 9500. SL below 8800 for safety. reduce leverage if you not sure about whole market.