BTCUSD
Time frame - 4H
- Yellow Circle - Represents the breakout off a strong confluence of two fibonacci retracements from the 1D and 4H time frame.
- Gray Box - Represents the darvas box wherein the price has been moving in sideways for the past few weeks.
- Now, the price is re-testing the support area where it broke out of and might bounce upwards to the targets in the chart presented.
