AS we can see here, BTC has retraced back from around 18k and is coming close to the recent breaker point.
There is a high chance of rejection from this breaker point and imo it is a very likely trade. SL can be above the breaker zone as commonly the first rejection is the harshest.
200ema 1h is also combining on this breaker point. Very Strong trade (Hopefully i do not jinx myself)
TP can be up to you to decide, ichimoku cloud may be a good option to take profits.
There is a high chance of rejection from this breaker point and imo it is a very likely trade. SL can be above the breaker zone as commonly the first rejection is the harshest.
200ema 1h is also combining on this breaker point. Very Strong trade (Hopefully i do not jinx myself)
TP can be up to you to decide, ichimoku cloud may be a good option to take profits.
Trade active:
Wicked little support
Comment:
i meant resistance lol
Trade closed: target reached