I am still in pursuit of BTC to fill the price target that we have outlaid in this post. Near term price action is setting up nicely to fill this goal and providing confluence with the idea.
The local 1H timeframe has put in a small swing failure that was rejected pretty strongly and I anticipate this to be a good confirmation that price will begin to trend lower form this area until it reaches the major price target below. One thing to be aware of is there is a news release tomorrow morning which is marked on the chart which will increase volatility for short-term trading like this.
I am still in pursuit of BTC to fill the price target that we have outlaid in this post. Near term price action is setting up nicely to fill this goal and providing confluence with the idea.
The local 1H timeframe has put in a small swing failure that was rejected pretty strongly and I anticipate this to be a good confirmation that price will begin to trend lower form this area until it reaches the major price target below. One thing to be aware of is there is a news release tomorrow morning which is marked on the chart which will increase volatility for short-term trading like this.