BTCUSDT downard pressure started - to form Lower High?

22 Ogo 2021

Market functions in zig zag manner making higher highs and higher lows in uptrend and lower lows and lower highs in downtrend, here we are seeing that it is respecting our trend structure and also market geometry where we had predicted in other publications also that market will correct at the yellow vertical line shown in the chart. The corrections is part of the market structure and it looks like lower high will be formed.

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23 Ogo 2021

Nota

Checkout the price bounces (wick rejections) on my special resistance lines. No one asks me anything about them. Market Geometry at its best.

24 Ogo 2021

Nota

Finally we have reached the end conclusion of this post. The 24th August 2021 downward pressure is confirmed with a correction, and it is respecting our vertical lines, where we mention date and time.

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