Morning folks,
So, bearish plan is working. BTC was able to show very weak reaction on the first minor downside extension and now is forming some rounding structure. Today we do not see even no clear patterns. Downside action shows acceleration while the pullback action in the opposite - stands too choppy and heavy.
This makes us think that bearish context remains intact and market is aiming on the major 69.40-70K AB=CD target
So, bearish plan is working. BTC was able to show very weak reaction on the first minor downside extension and now is forming some rounding structure. Today we do not see even no clear patterns. Downside action shows acceleration while the pullback action in the opposite - stands too choppy and heavy.
This makes us think that bearish context remains intact and market is aiming on the major 69.40-70K AB=CD target
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.