If btc break the channel and fibo zone then price will make higher until reach weekly support. For long term btc still in bearish mood
Bearish still strong in this pair also. The entry zone is where price make a breakout. Short uptrend just to make a retest to breakout zone.
Momentum for this pair still bearish because higher time frame make a lower low. So price goes up to make a pullback.
continue to sell..hope it will break Trade wisely, follow the trend
Fakeout buy and sell. But the main direction is still downtrend.
To complete H&S pattern, price must react at the entry zone. If price break trendline it will drop futher. Trade Wisely, Follow The Trend.
If price break trendline, price possible to drop to entry zone. This is manipulation setup that occur many time in forex. Trade Wisely, Follow The Trend.
Price break to make lower low and its making reversal chart pattern. Trade Wisely, Follow The Trend
Strong support align with base it a good sign to sell. For now price still going downtrend. Price move with compression also a good sign it will drop significantly. Trade Wisely, Follow The Trend.
Price now rejected after entering zone. Price forms H&S CONTINUATION confluence by trendline. If price respect this trend it will bounce higher. If price break this trend we can use same zone to reentry sell. Trade Wisely, Follow the Trend.
Looking at the chart Weekly, price already reach at RBS(resistance become support). For minor Trend it will start to bullish untill price reach the major trend then will continue bearish. Trend Wisely, Follow the Trend.
Time to focus sell because candle has break ascending trendline. For low risk can start sell when price in the zone. Trade wisely follow the trend.
Breakout minor trendline but still downtrend with major trendline. Can buy 1st before reach 50% retracement. At major trendline + continuation reversal pattern is the best zone to sell. trade wisely follow the trend.
H1 give the early signal for reversal. If candle can break trendline we can still hold for more further drop. trade wisely follow the trend.
Time frame daily showing Continuation Reversal Pattern with trend line for confluence. If candle break this trend line we can still use this zone to counter Entry. Trade Wisely follow the trend.