basing with the structure i will be looking for sells on usdcad... i would definetely wait for it to commit and give me a pattern then enter
a clear pattern with multi touch confirmation going all the way down
descending pattern with 123 touches i wouldnt marry the trade since price arrived at the 3rd touch impulsively
a clear multi touch ,ascending pattern we might get a mini pattern before we sell off
A clear multi touch pattern with double top similar to the one i last posted on gold
With the pattern being printed it seems as if bitcoin will continue to drop
we have a nice double top clearly seen on the weekly time frame we have an impulse down now we are in a nice correction,waiting for a third touch to sell
a nice 123 structure a nice ascending channel inside ascending channel with multitouch confirmation
a nice 1,2,3 structure accompanied by a double top from the 1D timeframe
we came from an impulsive bullish leg ,now we were correcting to shoot up again