BTCUSD. Daily Forecast

7 sept. 2020

The priority global scenario is bullish.


Medium-term scenario - correction to the upper edge of the triangle


Weekly scenario - bullish correction not higher than the P level with the continuation of the bearish local trend.


Intraday scenario - there is a high probability that the trading channel will expand with impulses in both directions.
Confirmation of the scenario - movement within the channel. Temporary breaks of the red lines are acceptable.
Cancellation of the scenario - protracted continuation of the price movement outside the red lines.

7 sept. 2020

Note

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7 sept. 2020

Note

There is no buyer in the market. Highly likely there will still be a breakdown under the weight of the local trend