BTCUSD BULLISH MOMENTUM
Starting from the daily timeframe we can see a great impulse from 41000.00 to 45750.00 and basically after an impulse there should be a correction at least to the 38.2% of the fib. pulling the fib on the daily impulse we can there was a deeper correction all the to the 78.6% o the fib which meant there was a high probability of a bearish move nevertheless from yesterday and today's daily candle we can see the bulls really pumping in and breaking some resistance structures from the 4hrs timeframe. on the retest of the broken resistance turn support at 44000.00 and the completion of the right shoulder we can scale down to the smaller time frames to look for an entry with target at 47000.00.
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