Morning folks,
Here is just minor update to our last idea. BTC mostly was flat in recent two sessions, so action is started only today.
So, the plan that we've prepared remains valid. Since an area around 90K is a strong resistance, we think that short entry attempt there is relatively safe, and at least should give us the chance to turn it to breakeven trade.
Now, on 1H chart we have two patterns that point on the same area.
Here is just minor update to our last idea. BTC mostly was flat in recent two sessions, so action is started only today.
So, the plan that we've prepared remains valid. Since an area around 90K is a strong resistance, we think that short entry attempt there is relatively safe, and at least should give us the chance to turn it to breakeven trade.
Now, on 1H chart we have two patterns that point on the same area.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.