tradafx

Wait for the signal to trade with BTC at the important zone

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
H1 time frame.
Structure: Sideway from 44000 to 47500.
Currently, the price is approaching the 47500 resistance zone .
Here, wait for sell setups with the expectation that the price will continue to move Sideway and have a high probability of breaking down.
In case the price does not show a sell signal but increases stronger than the 47500 resistance, we have to wait for the retest to confirm before we can find a buy order.
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Wish you all have a good trading day!

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