Ranging before big move
BTC has been ranging within the green box for the last two days showing indecision with the next move.
Before this big push, we visited the trend line and therefore I will be looking for trades near the area.
My first trade will be the long with an fvg and trend lines as confluence. The fvg lies directly on the support and therefore I see it returning there before we see 49.5k and higher.
My second trade will be the short you see after retesting resistance. I see this short returning to the trend line as the final tp as this will give us the spring to get into the low 50's and higher.
Before this big push, we visited the trend line and therefore I will be looking for trades near the area.
My first trade will be the long with an fvg and trend lines as confluence. The fvg lies directly on the support and therefore I see it returning there before we see 49.5k and higher.
My second trade will be the short you see after retesting resistance. I see this short returning to the trend line as the final tp as this will give us the spring to get into the low 50's and higher.
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