BTC another Falling wedge forming?
Updated
Since we broke out our channel I can see another Falling wedge forming on the 1H time frame. That said, next support lvls are between 8150/8350 based on the 0.681FIB lvl and previous support and resistance.
Note
This is the last drop I was waiting for. Closed a small short and slowly opening longs. Divergence is quite bullish too. i.imgur.com/f3ixAOR.jpgTrade active
And there we go! :-)Note
Allright, I closed 75% of my position now but might rebuy later on. I can see there's something on an inverted head & shoulders on the chart, but it't super ugly. I'm not trading that one.Trade closed: target reached
I was going to post the bullflag forming, but when I was posting I saw it broke it already downwards. Therefore I closed my trades. Looking for a better entry again. :-)
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