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BTCUSD Correction for Long

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As expected, BTC needs to dump off for a major correction back to the H4 level for a high probability low risk entry. We will wait to see clear rejection at the zone before a long trade is executed

Nota

We had twice H1 candle exactly on the H1 spike base. More rejection wicks will trigger the long trade. H1 #closesmatter

Nota

Nota

The chart gets vertical and cranking down, No clear rejection and we are staying out, overall the levels are reacting but we need patience to get the perfect setup

Nota

No clear sign of rejections and the BTC chart continue to go vertical, Next train stop is 4110xx level, first time return of price if we see clear rejection signs there.

Nota

We are close to the anticipated level, lets see if we get some rejections here.

confama

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