If the IH&S is able to complete, breaking the bear trend line, the ensuing move would likely propel us back toward our previous BTC highs.
With this being said; I'm still keeping in mind the current 235 day cycle which ends on October 9. The end of a bullish cycle marks the start of a downtrend over the next 235 day period. It would not be wise to ignore that.
With this being said; I'm still keeping in mind the current 235 day cycle which ends on October 9. The end of a bullish cycle marks the start of a downtrend over the next 235 day period. It would not be wise to ignore that.
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.