g4av1n

Tag the Flag to Secure the Bag

g4av1n Updated   
BITFINEX:BTCUSD   Bitcoin
As you can see on the 4 hour BTC chart, price breaks the neckline of my previous post-- retests and falls back into the downward trend.

As shown on the chart, price is forming a bearish flag pattern, which if completed would more than complete my target for the double top created last week.

Only time will tell..

Until then

Happy Trading!
Comment:
Breakout confirmed.. Waiting for re-test
Comment:

Prior support becomes resistance
Comment:
Enjoy the pips
Trade closed: target reached
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