You see here on the H4 chart that BTCUSD is still in a pullback.
But...It's stalled at the 50% Fibo extension. The buyers and sellers are in a tug of war but I think the buyers will come out victorious.
Once i see a nice break above the 50% fibo line It may be time to go long.
Let me know what you think!
P.S. Waiting for our Big Three Indicator to turn Green based on a proven strategy we have been testing may be a good entry position. I will keep you posted . Thanks!
Continued move to the downside. Still red, no trade here yet.