BTCUSD - Bullish TGs In Force, In Sight
Since releasing the bullish targets last week, price made a net advance without breaking above recent structures. However, a solid support at 709.00 did develop at the low of the candle following our forecast.
Overall, targets continue to define solid resistance levels once price succeeds at breaking above recent structure highs. A break below 709.00 would probably infirm this forecast.
Cheers,
David Alcindor | 4xQuad.com
Since releasing the bullish targets last week, price made a net advance without breaking above recent structures. However, a solid support at 709.00 did develop at the low of the candle following our forecast.
Overall, targets continue to define solid resistance levels once price succeeds at breaking above recent structure highs. A break below 709.00 would probably infirm this forecast.
Cheers,
David Alcindor | 4xQuad.com