Indecision situationMorning folks,
So, pullback that we've discussed on Thu has happened. But now we have two equal patterns on daily chart but in opposite directions. Our elder bearish grabber and new one on the bullish side. If you conservative enough - it would be better to stay aside and wait for clarity.
We suggest that bearish pattern looks a bit better, just because of intraday price shape. All upside swings look slow and choppy. At the same time, it doesn't mean that you can't try to trade bullish pattern.
Take a look that here we also have reversal bar, suggesting that BTC could move slightly lower. If you want to buy, you could try to use it to open position as close to the grabber's lows as possible. Just to minimize potential risk.
If, still, we will be correct concerning bearish domination, next downside target is 54.35$ Fib support.
