BTCUSD 4H TARGET
Am I the only analyst spotting this rising wedge?
It seems like we have reached a nice setup to place tight stop-loss, ADX on a daily setup is showing range zone. Price flirting around 0.5 fib. RSI heading north close to overbought.
This trade is not intended for a short position, but TP instead.
Patter invalidated over 9500
It seems like we have reached a nice setup to place tight stop-loss, ADX on a daily setup is showing range zone. Price flirting around 0.5 fib. RSI heading north close to overbought.
This trade is not intended for a short position, but TP instead.
Patter invalidated over 9500
Uwaga
Price is moving within the rising wedge in what seems to be the last rally.However, some divergences have been invalidated. If there is a close over the wedge, it may convert into a rising channel. It is still early to call a patter failure.
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