BTCUSD DAILY BUYING OPPORTUNITY - ANALYSIS AND TRADE IDEA
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On the 4H time frame we still have a bearish environment where EMAs are cut for short and MACD below the 0 (zero), now if the market manages to break above this resistance, on the retest this is where we will take our entry, stop loss below the low and the take profit is on the daily retracement.
~TRADE SIGNAL~
BUY Entry: 65354 Take Profit: 70929 Stop Loss: 63562
**NOTE: wait for the break and retest of the level before entering
Good luck!
You have plenty of time to achieve your target. Take it slow, observe good risk management techniques.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.