As we can see, it broke out of the giant triangle, but still is forming a falling wedge on the .786 fib retrace. So I do think we will atleast go for a retest of the triangle in the coming weeks.
Have a good one.
Have a good one.
Trade active:
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breakout
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we need good volume now at retest of upper wedge resistance. daily candle doesnt look any good though
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BTC doesnt look too good, but USD chart shows still ongoing consolidation
Trade closed: stop reached
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still belive fib support will be strong though
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I think its going for 6440
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Lets see if we break the wedge again
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might bounce from here
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Trade active:
reentry
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good volume at 6440 region, lets see where this goes
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