BTC has broken out of a wedge, but the red line indicates the previous candle closed in overbought territory and could be due for a reversal.
We could see a pull back before price then continues north.
We could see a pull back before price then continues north.
הערה:
I'll be looking to see price come deep into this Fair Value Gap before reversing. Areas of interest to look for a reversal back to the upside is on the 0.5-0.702 fib level. Zooming in to 5min to look for change in market structure
הערה:
Back into reversal area now
הערה:
There is the bounce at 0.5 on the Fib, which is half way in the FVG
הערה:
הערה:
Was a good scalp
הערה:
Thanks for playing