BTCUSDT downard pressure started - to form Lower High?

Market functions in zig zag manner making higher highs and higher lows in uptrend and lower lows and lower highs in downtrend, here we are seeing that it is respecting our trend structure and also market geometry where we had predicted in other publications also that market will correct at the yellow vertical line shown in the chart. The corrections is part of the market structure and it looks like lower high will be formed.

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Note

Checkout the price bounces (wick rejections) on my special resistance lines. No one asks me anything about them. Market Geometry at its best.

Note

Finally we have reached the end conclusion of this post. The 24th August 2021 downward pressure is confirmed with a correction, and it is respecting our vertical lines, where we mention date and time.

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Falcon_Trader_1

Falcon Trader
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Falcon_Trader_1

Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1

Also on: