BITCOIN | Confirmed Break, Wait For a Retest & GO

COINBASE:BTCUSD   Bitcoin / U.S. Dollar

We have quite a clean break of an important price zone. Got a confirmation after the 4H candle close and the price of Bitcoin should continue downwards.

Question is, do the price of BTC come for a retest or not. I want to see the retest inside the gray area, probably starting to build my positions there and the ideal retest area is marked with blue.

Stay healthy,
Trade active: Approaching the major retest area, use small risk because of the low wick. The retest has to occur right away after the close but sadly there is a wick. Still, it can work out!
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Are you in position, Vaido?
+3 Reply
VaidoVeek Axenick
@Axenick, out!
+3 Reply
calok VaidoVeek
@VaidoVeek, Thanks for the update!
The problem is, there is an H&S forming that would complete if BTC closes below ~55... and if it does, we should expect to see 42k. I hope I'm wrong lol
+2 Reply
thevenox33 ablackb2
@ablackb2, You're not wrong my guy even 38 if not 42
haha rekt bro
+1 Reply
Hi there, The stop loss is around 57300 isn't it?
+1 Reply
VaidoVeek benjamingervy
@benjamingervy, Why? At least above the breakout candle
still valid?
+1 Reply
@wojciu, yes
+1 Reply
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