Present Are:
- -Engulfing Increasing Buying Volume
-Bullish Hammer Candles (Daily)
-TD Sequential Bullish 9s
-Bounce Off of Green Support/Resistance zone
-Most importantly, a Near Perfect .786 Fib Retrace!
Stop Loss= 7950
Target 1 = 9350 (Monthly Pivot + S/R Zone)
Target 2 = 11100(Fib Extensions+ S/R Zone)
If Both Targets Met, Reassess.
Trade closed: stop reached:
STOP REACHED @7950 -5.2% LOSS
BTC is forming yet another triangle here, waiting for a clear breakout for another entry.
BTC is forming yet another triangle here, waiting for a clear breakout for another entry.