Bitcoin: BTCUSD The new long is going quite well, so far...the measurement implication of the pennant formation is 8079. However 7890 is the absolute high and profits should be realised now. Look to go long again on break above 7900 for move to 8079. Stops 50 to 200 below Careful here right on the highs can take profits here if day trading or raise stop to 7870 in case we stall...up to you as per risk profile
just now Trade active: and if you do take profits be ready to go long on a break above 7900 with stop 50 to 100 below at max. Measurement implication of the pennant is 8079 once 7900 is broken