Description :
Looking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 22896.54, where the overlap support and 23.6% Fibonacci line is. Stop loss will be at 21635.17, where the recent low and 38.2% Fibonacci line is. Take profit will be at 25152.46 where the overlap swing high is.
Trading Recommendation
Entry:22896.54
Reason for Entry: Overlap support + 23.6% Fibonacci line
Take Profit: 25152.46
Reason for Take Profit: Overlap swing high
Stop Loss: 21635.17
Reason for Stop Loss:
Recent low + 38.2% Fibonacci line
