Looking at the legacy trendline retouch possibility detailed in my BTC chart dated 12th August..It may touch or may even break through and wick to a small area that to date remains untested, this easily overlooked area is marked with the small rectangular box. I have a somewhat cheeky order for BTC there in the event we have a fast wick situation. This, if it occurs will also conveniently validate the lower ascending trend line to complete a parallel channel. I would then anticipate a move back over the 'Legacy Line' to create a 'Is it going to Fake Out situation'. No, It's going up after this. A long way.
Just an old boy having a blast at the chart. Speculating a bit of cash I can afford to lose.
Just an old boy having a blast at the chart. Speculating a bit of cash I can afford to lose.
