Potential bull flag looks like it could complete the formation of an inverse head and shoulders, both indicating bullish price action. Although this can indicate bullish price action BTC/USD would have to drop to around the low 7k range to make these formations valid and before expecting price action to break to the upside.
Comment:
*******Although this can indicate bullish price action BTC /USD would have to fall to around the low 7k range to make these formations valid and before expecting price action to break to the upside.*******
Trade closed: stop reached