BTCUSD - My favorite pattern is visible here in the background it may be called other things but I call it the A-wave, it starts at the bottom of the A, goes to the high point and then back to the bottom like an A or an upside down A for bullish setups - Patterns, TL's and B/O's add to my technical story if backed by an A it becomes so powerful
The high wave is not clean, was difficult to read live - the bullish pennant break into H&s, diverging all at the same time then into confirming bearish patterns with TL B/O's all through, many bearish signals - all of that together just signals do not buy for an intraday setup
The low wave was clean 4 waves down then back to the 1st wave - the 1st wave is almost always a guarantee these are easier to trade, but u can see a pennant B/O sent this to the next high zone -
Attached Image (click to enlarge)