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BTCUSD BTC seems to be forming a complex correction pattern, | Fib and Pivot

BTCUSD

BTC seems to be forming a complex correction pattern, before a final move down. It also seems to have used the 29249, last week's pivot point as a strong support.

Since we are range bound, it will be nice to long at this level for a take profit at around 30800.

Trade plan.

Long BTC: 29500

Stoploss: 29000

Take profits: 30000 and 30500

R:R: 1:2