Long after Confirmation on 4H

31 ม.ค. 2021

BTCUSD stunned the market with a massive impulse northward on the M1 and W1 charts. We've also seen the requisite retrace/correction after each impulse so we can expect further continuation to the upside.

Currently BTCUSD is trapped on the S/R zone on the D1 chart. My recommendation is to go long after BTCUSD tests this zone, rejects support and continues northward, aligned with the M1 and W1 charts