Wait for sell signals after price retest with BTCUSD
H1 time frame.
Structure: The downtrend has been confirmed.
Price broke the Key level after the divergence signal.
Wait for the price to retest the downtrend line, it will likely test at the 48800-49000 area, and then appear a sell signal, then you can enter the order.
Profit target with short-term sell order is 47200 and 44000.
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Wish you all have a good trading day!
Structure: The downtrend has been confirmed.
Price broke the Key level after the divergence signal.
Wait for the price to retest the downtrend line, it will likely test at the 48800-49000 area, and then appear a sell signal, then you can enter the order.
Profit target with short-term sell order is 47200 and 44000.
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Wish you all have a good trading day!
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