I think that BTCUSD has an excellent chance to continue up from the 18360.0 zone. There are lots of solid indications, here are the ones I see right now on the 1H chart.
If this trade fails, I will look for potential long positions at the 38.2% and 30% Fibonacci retracement levels.
Not much more to add here, have a great Sunday and see you all tomorrow!
- Support level and solid rejection candles in this zone
The last 1H candle, created a strong bullish pin bar
RSI is below 30
The 61.8% fib retracement lines up with the supply/demand zone
If this trade fails, I will look for potential long positions at the 38.2% and 30% Fibonacci retracement levels.
Not much more to add here, have a great Sunday and see you all tomorrow!