BTC on the third leg up and struggling at heavy resistance, established late August through early September. The current trend is fresh, things could easily fold up from here and fall back to previous levels of support, as indicated
Trade active:
Pretty cool how correct technical analysis can be. Now, to follow the retreat/pullback to the next low and then use that low to project the possible continuation of the uptrend. If things fail from here we will likely see a retreat to previous leveled instead of just fibs associated with the recent climb.
Trade closed: target reached:
the top of my resistance range was tagged and now it is back under the resistance. closing the idea because it's now time to move up.