Bitcoin
Updated

[BTCUSD] TARGET 1 HIT!

7175
We have reached our TARGET 1, but as shown in the chart, the pair could still consolidate in the short term. From a technical point of view, we must look at possible reversal patterns, which would tell us that the bearish trend is over, and it will be possible to look for a "buy opportunity". If you followed our setup, from the Money Management point of view, it is appropriate to take profits (or part of it).

BEARISH SETUP
[BTCUSD] Bearish Impulsive Structure


If you think this analysis can be useful, leave a your comment or your LIKE!
Thank you for support and trade with care!
Note
The trend is still bearish and the pair has not reached the "technical C"..
Note
snapshot
Note
keep your short position...
snapshot
Trade closed: target reached
TECHNICAL TARGET HIT!
snapshot
Trade closed: target reached
snapshot
Note
[EW COURSE] IMPULSIVE WAVES SETUP

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.