yourtradingchannel

yourtradingchannel

We have seen the same price action recently on bitcoin. Price being capped at a resistance, it taps supply draining sellers while creating higher lows and then breaks above. Same price action is now repeating where it has not tapped the resistance 3 time already, has created Higher lows and now pushing to break above. Only thing that can happed differently now is...

yourtradingchannel Updated 

BTC also had a recent retest of daily Breaker post the massive expansion to the upside. Everything is logical. Price should now form a market structure shift on LTF to move higher.

yourtradingchannel

Price had a massive expansion to the upside and now a logical retrace got stalled at Daily Bullish Breaker. On H4 it took some stops so expecting it to move higher from here.