BTCUSD UPDATE - LONG TO $55,000 OR SHORT TO $49,000
Updated
Right here is a confirmation of the idea I posted on 5th March, 2021. Scroll down to check the analysis.
Price moved as expected, but didn't hit the targeted take profit at 45k before going back up.
Price moved downward as analyzed, hit $46,250 and went long.
Right here on the chart, we can see the new trend. I expect price to either breakout of the upward trendline and neckline at $52,000 and continue to go long to $55,000 and complete the inverse head and shoulder pattern or go short to $49,000.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Price moved as expected, but didn't hit the targeted take profit at 45k before going back up.
Price moved downward as analyzed, hit $46,250 and went long.
Right here on the chart, we can see the new trend. I expect price to either breakout of the upward trendline and neckline at $52,000 and continue to go long to $55,000 and complete the inverse head and shoulder pattern or go short to $49,000.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Trade active
Right here is the analysis.
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