A bull Flag turned into a symmetrical triangle formation?

Bitcoin saw a sweet bull flag breakout get rejected on the daily horizon. The Bullish target would have pumped Bitcoin all the way to 58k-62k with a 56% increase (560% profit at 10x Leverage).

However, a rejection confirmation here can send us back down to hell (not as bad as it sounds though "local hell") but this isn't a bad thing!
For traders out there looking for profitable trades, this can give you a nice 20% profit from a short (even higher with a decent leveraged position) and a massive 81% pump to the upside right after that.

Be careful with your trade and have a nice week!

Ordre annulé:

This trade got canceled out!

At the time of posting, it looked like Bitcoin was almost getting rejected at resistance but yea I was wrong. I should have stuck to the idea right before this one.

I did have a long position open with a stop-loss which didn't get hit!!

Let's get back to trading, Shall we!