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BTCUSD: monitoring a possible reversal

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A bearish divergence forming on the 4hr, possible reversal will likely be put into play.

It is entirely possible for BTCUSD to break the upwards TL from here, but if there is strong support around the 3700 range, look to add to your longs. This could be the final bear trap as we approach another A.T.H.
Dagangan aktif
short entered. aiming for a 50% retracement
Dagangan ditutup: hentian tercapai
Broke above the TL and PVT showing a hidden bull now. the hourly still suggests a pull back, but the pull back will likely be to the TL.
Dagangan aktif
entered short again, looking for a PT around 4200
Dagangan ditutup: hentian tercapai
broke out of the 3 drive, this is going to break out

Penafian

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