Trend in Trap
Hello Everyone!
This is my analysis on BTCUSD
. Black numbers (1) and (2) major resistance where (3) is Key Support
. Dotted Black Lines shows parallel channel where candles may lay for a week or half before making any clear direction for green or Red.
. major 0.382 fib rejected for now, making short spikes and deeper lows until moderation is perceived.
Every thing is drawn on chart , i hope there is no confusion.
Check my Previous analysis and thumbs up if you like the idea.
Have Safe Trades,
Good Luck! :)
This is my analysis on BTCUSD
. Black numbers (1) and (2) major resistance where (3) is Key Support
. Dotted Black Lines shows parallel channel where candles may lay for a week or half before making any clear direction for green or Red.
. major 0.382 fib rejected for now, making short spikes and deeper lows until moderation is perceived.
Every thing is drawn on chart , i hope there is no confusion.
Check my Previous analysis and thumbs up if you like the idea.
Have Safe Trades,
Good Luck! :)
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