BTC Bear Flag Bounce

٢٣ يناير ٢٠٢٢

Price found support off of the Head and Shoulders Break Target 35% level, producing a bounce back-test into the Bear Flag construct. Resistance is found with three wicks at the .214-.35 channel's Golden Pocket .618. A small frame iH&S broke bull overnight. Bears in control until a short frame bull pattern sees a break and extension move.