trader77974

BTC/EUR price actually trying to get over the cloud in 4H tf

Long
BITFINEX:BTCEUR   Bitcoin / Euro
In 1-hour timeframe the price has got over the 1-hour kumo cloud and in 1-hour timeframe the lagging span (chikou span line) is free.

In 4-hour timeframe (on the graph shown here) there are still some obstacles for the price and the lagging span line, and if these obstacles are passed (while price keeping on going uptrend) then that would be a confirmation of the uptrend in 4-hour timeframe and the upper black horizontal line would have to be watched for first TP (low risk).

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