BTCUSD - Lost? Should I buy back? The 4hr Level to hold.

Are you feeling the FOMO yet? Not sure if it will go higher? Dont worry there is a way to get a hold on this thing. Look for price action close below 7855 for confirmation that we are going into a swing low. If we get a close below 7627 its going even lower. This isn't to say we are in full blown pullback, but it does mean a down swing to test levels. This is just my opinion and not financial advice.

Kommentera:

Just FYI, wicks below the lines do not confirm down trend. It can wick all it wants, watch for the close.

Kommentera:

Looks like we have a few closes below 7855. Watch for the swing downward.

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And there you have it folks...