- BCH is forming an ascending triangle pattern.
- Breakout from this triangle can lead it to 340-360 in upcoming weeks.
- Short Term Triangle Target 280-300
Breakdown of this triangle will invalidate the trade setup and take Stop Loss happily instead of hopium.
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- Currently Bitcoin is forming Bull Flag this could be possible Wave B of correction move or this can be Wave 4.
- Either its Wave B or Wave 4 there going to be one more leg upside.
- Target for this move is marked over the Charts.
- Each FIB level is profit booking zone.