BTCUSD - Possible correction pattern before the up move
Today, we present a possible correction pattern for BTCUSD. We see a flat pattern forming in the middle, we are predicting a small up move followed by a down impulse wave before it resumes the strong uptrend.
This correction should not break and close below the green rectangular box. If it does, then the forecast changes and we will want to see what the price is doing in that areas to submit to you our thesis.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
This correction should not break and close below the green rectangular box. If it does, then the forecast changes and we will want to see what the price is doing in that areas to submit to you our thesis.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
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