BTC Corrective Triangle?
Updated
Overall I am still bearish on BTCUSD, but this is a short-term bullish chart. I believe we may be in an ABC corrective move off last nights low. This is just a quick post for tracking purposes of a potential B wave triangle. There is another interpretation that could have the triangle being complete, with a slight overthrow break on the E wave, but it respected another trend line so this is the one I am going with.
Target is the 100% fib extension of wave A.
*THIS IS NOT TRADING ADVICE*
Target is the 100% fib extension of wave A.
*THIS IS NOT TRADING ADVICE*
Trade closed: target reached
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