MarcuDan

BTC and USD. Similar reversal pattern. Short.

Short
TVC:DXY   U.S. Dollar Index
As you can see on the graph, I am looking for a reversal in BTC after a new high. This type of reversal pattern works very well on big timeframes, especially when it has a divergence forming on MACD indicator. Based on the pattern, our target should be at least 5000, followed by a correction and then 4500/4000.

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