Target Reached. Correction imminent

BITMEX:XBT   Bitcoin / US Dollar Index
On the weekly BTC finds itself within a thick ichimoku cloud . Bulls will like to test the upside boundary of the ichimoku cloud , but a correction to the downside seems likely. If we test 6530 support and hold then we will restart the upwards movement. On the contrary if we fall below 6530 then BTC heads back to 3500-4500 area.
Trade closed: target reached: BTC has bounced nicely off my target of 6530. But this support might get tested again. Meanwhile, I am out of my short position.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out