Has the potential to to back to ~75 when 71.35 is cleared.
$GE is now in recovery phase. Reverse head and shoulders pattern on the watch.
to the downside contrary to initial expectation. Bullish trade was never confirmed. Besides a HS is forming. See chart
Upon breaking out of the triangle (To the upside) I'd look for long opportunities.
Heating the demand line at the fib level, I expect it to bounce higher from here.
Propably resolving in the direction of the trend that was in effect before the pattern appeared.
Price has reached 200 MA and also the red trendline. This is a critical point for BTC imo.
On TLT weekly. If it plays out, target would be around 90.