BTC Long- 78.6% Fibonacci, Counter Trendline Retest and Support

As you can see BTC is getting ever closer to tapping the 78.6% Fibonacci Retracement that perfectly aligns with the Counter Trendline retest too. Further confluences such as the level of 4 hourly Support that is located just beneath our Entry zone also validate this setup.

Comment:

My Buy Limit is set at 8600

Order cancelled:

Direction was correct! However, unfortunately it didn't reach my Buy region.

Comment:

looks like this will now come through!

Trade active:

Finally, this has setup has arrived. Patience is the key. We missed out on the first one as it didnt hit our targets and never FOMO'D in. Now it has retraced to our levels we strike! I have active longs around this region.

Trade closed: stop reached:

unfortunate, but outlook remains the same