BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Standard pattern.
Broke pennant , short when back at the bottom point of the pennant (7860).
Theoretical target is the place where the pennant was broken minus the height of the pennant (see black arrow).
We can see the target is pretty much the 70.5% of fibonnacci. And it also match a support area . So our final target is (7650).


all the best! I will follow you now :) Leave us a like on our new Setup aswell mate!
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