BREAKOUT AND PULL BACK STRATEGY ON BTCUSD

On BTCUSD, price did auction above the resistance level at 21840.
The Breakout above 19500 Psychological level called for a pullback to the region of which is in confluence with the 61.8 fib level.
price has formed a Bullish high frequency candle that indicated price is to change to the upside towards 23000.
Trend Analysis

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