BTCUSD Potential for Bearish Continuation| 6th September 2022

On the H4, price is still ranging but is moving in a descending trend and signaling bearish momentum. We're looking for a pull back sell entry at 20513.86 where the previous swing high sits. Take profit at 19219.49 levels which is the previous swing low and 61.8% projection. Our stop loss is at 20886.88 where the previous swing low and 23.6% retracement sits.

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