I don't normally talk about trend lines as they can be real pain in the a** sometimes as they get invalidated quite often but still. We can see that the green one is REALLY strong one so if broken yellow one will not hold as a support, the green one should. As a sad before BTC could still dip a bit lower with a wick, that would in practise scared a lot of retail...
***Yen is higher time frame bearish due to the way its central banking has set up its infrastructure***
that is all, will conduct regular weekly reviews and outlook. just wanted to jot down a refresher for myself as a mfer is busy af hope this helps anyone but you will need to be knowledgeable on:
- intraday time frames
- candle body closures
- fundamental data...
