Potential bearish shark pattern.We had an impulsive move after a break of the descending wedge and it seems likely that a irregular flat is forming with a complex wxy at wave b of the Flat.Conservative traders should wait for an impulsive move down and a correction,to further confirm shorts. If we break the highs of 7809,then the trade is invalidated.
P.S This is...
Price has revisited previous Brexit lows could not break below this area
Looking at a ABC flat correction to the upside
Higher Low established
Significant confirmation for bullish momentum if there is a break and retest of Daily descending tl
TP 1:1.3000
TP 2:1.3120
TP 3:1.3290
End of corrective phase(ABC flat) on EU and new lower high established.We have fibonnaci confluence with the 3rd rejection of the H4 descending trendline. Looking for another impulse move down to the 1.02500 area to form new Lower Low.
Bitcoin potentially in a corrective structure.Saw a third rejection off a strong trendline. Looking for a break below ascending trendline to retest the 770's area for short opportunity.Target(440) at the outer ascending tl which will line up with cypher pattern or if this pattern is invalidated then second target at the 300 area(some area of previous support).
