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Predictions and Analysis
![BTCUSD: [BTC] Normal flat. Correction + Trend = Upside](https://s3.tradingview.com/b/b5VhJEES_mid.png "[BTC] Normal flat. Correction + Trend = Upside")
MACD - Double bull div on 1 h and single on 4h. Structure - Normal flat, no idea when C wave is going to end but it seems like it's going to be soon. How to trade this? Long if you see a strong impulse followed by a small correction of any type. It will give you nice RR.
The price action is been ranging in a rectangle consolidation where it is forming a Regular Flat Correction pattern that indicates completion of corrective phase and beginning of a new bullish move or trend. A good risk to reward setup. Keep a Stoploss: 1290 Target 1: 1340 Target 2: 1375
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