NFP/USDT - Bullish CHANNEL 4hr - 1 HR
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NFP is in a bullish Channel, It Bottomed with a double bottom with Bullish RSI in internal Structure and continued in the form of a channel. Last high is rejected from resistance above (Marked) last Higher Low is still intact giving Bullish sign, whole analysis is done on 4hr timeframe, in internal structure it is about to break the internal channel, BUY and Stops are marked,
No resistance found on 4hr, 1hr or 15 mins, Rsi is still with the flow of the price printing, looking for a bullish move towards upside, as at the time of analysis and writing, BTC looks weak, however there is still a little upside move pending, if everything remains intact, a good 1:5 RR is easily on table.
No resistance found on 4hr, 1hr or 15 mins, Rsi is still with the flow of the price printing, looking for a bullish move towards upside, as at the time of analysis and writing, BTC looks weak, however there is still a little upside move pending, if everything remains intact, a good 1:5 RR is easily on table.
Trade chiuso: stop raggiunto
Stoploss hit, will see this again in a few days. overall structure is bearish atm
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