Makes sense to bounce into the 116.7 level next with price bleed slowing down at 115 with LTF bullish divergences emerging.
I think we most likely then reject this level (S/R flipped resistance, nPOC cluster etc) and head towards our 110 TP based on H4 structure and the previous weekly close.
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#BTC#
Makes sense to bounce into the 116.7 level next with price bleed slowing down at 115 with LTF bullish divergences emerging.
I think we most likely then reject this level (S/R flipped resistance, nPOC cluster etc) and head towards our 110 TP based on H4 structure and the previous weekly close.