BTCUSD Idea
Updated
First of all, I would like to say thank you to all my followers.
We going to analyze BTCUSD today. By referring to my previous analysis, we still in the Correction Zone which is still unconfirmed next direction of this pair.
So what we gonna look at today is a short-term trading opportunity. Yet we will wait for two options that might possibly happen.
Option 1: If price unable to breakout channel up trendline, price possibly continues up looking for Resistance Level Area. Buy Level marked, Possible entry.
Option 2: If price breaks channel up trendline, we wait for pullback confirmation before entering Sell as marked on the chart.
Let's see what happens soon. cheers
We going to analyze BTCUSD today. By referring to my previous analysis, we still in the Correction Zone which is still unconfirmed next direction of this pair.
So what we gonna look at today is a short-term trading opportunity. Yet we will wait for two options that might possibly happen.
Option 1: If price unable to breakout channel up trendline, price possibly continues up looking for Resistance Level Area. Buy Level marked, Possible entry.
Option 2: If price breaks channel up trendline, we wait for pullback confirmation before entering Sell as marked on the chart.
Let's see what happens soon. cheers
Trade closed: target reached
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