BTCUSD Long based on 4 Hour Chart Signal
Updated
Getting close to a bottom. This particular signal may not be the one to turn things around, however it should provide a nice quick bump up.
Trade closed: target reached
The bump definitely happened... now to keep an eye on whether there will be follow through or we see a pull back falling down the bearish cloud.Daily signals show potential upside, but it would need to happen within the next 24-48 hours.
Note
Well that Jesus candle happened at the edge of the 48 hour window I was guessing at. I believe the pull back will be minimal and the Daily will be in good position to maintain some sideways and up ranging movement.
Related publications
Disclaimer
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.