Looks like it double tested the top of the descending channel (or should I call it megaphone?)
Any way, we have seen this kind of structure several times in the last year:
It looks ready to drop all the way down to 23k
Selling with tight SL and crazy R/R ratio.
Any way, we have seen this kind of structure several times in the last year:
It looks ready to drop all the way down to 23k
Selling with tight SL and crazy R/R ratio.
Note
Paying attention to this formation, probably a new high inside the wedge:Note
Fasten you seat belts:Note
Price broke out the red wedge which is a bearish sign. I am considering a retrace to 33,5k where I will move SL to breakeven. I think we can still see more bullish movements during the first 3 months of the year, this is why I am considering this idea as well: 
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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.