Ascending Triangle on BTC H4

BTC is forming an ascending triangle but with price below resistance and RSI showing overbought status I expect a break downwards to $6,200 or below. Possible paths are indicated above.

Kommentera:

BTC has broken downward from the ascending triangle as anticipated and appears to be heading toward charted support.

I will update when this trade is closed or profit is taken.

Kommentera:

Feel free to take profits at this level. For the record I am still 100% in this trade.