Hello guys.
Hope you all have good time.
Today im going to share you my opinion about BTC in 4H timeframe.
As you can see in my chart the price consolidate around a strong longterm Trendline
for about 10 days and wait for FED decision about Rate hikes and Inflation Data.
I think the economic information are stable for now and Price action do the best thing!
So...
as we can consider the price in a trading range , after engulfing above our resistance and hunting stops.
in return the price towards previous supports zone and after breaking them (BMS) , we can enter short in retracement.
Hello everyone, about gold, I believe we have to stay in this trading range for a while, everything you need to know is shown on chart, make sure you stick to your strategies and have strict stop losses.
Good luck
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