jordanemmet

BTCUSD Reversal Area

Long
BITFINEX:BTCUSD   Bitcoin
BTCUSD is nearing an interesting point of a confluence of reversal criteria (encircled). 1. The blue trendline has been well-respected 2. The fork median intersection with the blue trend line 3. 88.6 retracement of the major SL to SH (green arrow) 4. 88.6 retracement of the recent SL to SH (red arrow).
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