mgibson91
Long

BTC - Daily major support | 4H bullish divergence

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The goal here is to track events leading up a possible trade, not an immediate entry.

Some bullish thoughts:

If turns out be valid 4H divergence, and we see a second RSI pivot higher than the last, waiting for another retracement and entering in one the 1H timeframe. Expecting at least a bounce here
Another view. Daily candle is just about to close with a wick dipping below the 2x Fib extension with a nice looking bullish 4H divergence

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Pin bars on 1H chart are confirming so far. Placing buy trailing buy stop 1 tick above previous candle

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