tradafx

Uptrend line broken with BTC

Short
COINBASE:BTCUSD   Bitcoin
H4 time frame.
Structure: The downtrend is confirmed.
The trendline of a large bullish structure on the daily time frame has been broken.
Here, wait for the price to test the area of ​​52500 and the confluence between the old support has just been broken and the downtrend line, then look for selling opportunities with bearish reversal candlestick patterns.
The profit target is the 42000 price zone.
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Wish you all have a good trading day!

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