BTCUSD 4H. I think a retest of the long term trendline recently broken and the filling of the CME gap would 'kill two birds' with one stone. I also believe we will engage further bullish upwards momentum within the channel picked out with the blue trend lines the base of which is marked 'A'. If BTC follows this path it will for me look to be a far stronger overall structure. I'm short in the short term!
Trade active:
Still expecting a retest of the long term trend line. CME Gap has been touched but not entirely closed. I am happy with this forecast.
