BTC Buy a break setup.
Updated
BTCUSD - Intraday - We look to Buy a break of 41511 (stop at 40288)
The primary trend remains bullish.
Following yesterday's bullish candle, the overall trend higher looks set to reverse today.
A break of 41500 is needed to confirm follow through bullish momentum.
We are trading at oversold extremes.
A higher correction is expected.
Our profit targets will be 44848 and 45848
Resistance: 41500 / 42500 / 45000
Support: 40000 / 38300 / 36300
The primary trend remains bullish.
Following yesterday's bullish candle, the overall trend higher looks set to reverse today.
A break of 41500 is needed to confirm follow through bullish momentum.
We are trading at oversold extremes.
A higher correction is expected.
Our profit targets will be 44848 and 45848
Resistance: 41500 / 42500 / 45000
Support: 40000 / 38300 / 36300
Trade active
Trade closed: stop reached
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