Dear Investors
Observing BTCUSDT on the H1 Timeframe, I identified a wedge pattern accumulation
We can also see that Price recently created a bullish reaction within the price range of 15,700 to 16700.
This means that we have 2 potential scenarios that could play out
1. If price will create a bearish reversal, it could begin with a bearish breakout from this wedge
2. If price will create a bullish continuation, it could begin with a bullish breakout from this wedge
Therefore;
I will be observing price action for my confirmation based on these 2 possible scenarios
Always remember that anything can happen, therefore stay "rigid" with your Rules and "flexible" with your expectations.
( previous setup attached below)
Observing BTCUSDT on the H1 Timeframe, I identified a wedge pattern accumulation
We can also see that Price recently created a bullish reaction within the price range of 15,700 to 16700.
This means that we have 2 potential scenarios that could play out
1. If price will create a bearish reversal, it could begin with a bearish breakout from this wedge
2. If price will create a bullish continuation, it could begin with a bullish breakout from this wedge
Therefore;
I will be observing price action for my confirmation based on these 2 possible scenarios
Always remember that anything can happen, therefore stay "rigid" with your Rules and "flexible" with your expectations.
( previous setup attached below)
