XBTUSD: 4hr Mex Chart- Feels like we need some more fuel

Feb 13, 2019

Although I caught some nice longs on the past two wicks down to the continually significant level of $3550, it seems to me like we are in store for another stab down to the $3450 area (0.705 Fib Retracement). Just haven't seen a stong enough reaction yet to push us back up to that 4K target I've been eyeing. Shorts are a bit dicey here at the midrange point, but with a tight stop maybe I can catch both ends of one of these double wicked candles. we shall see