Bitcoin - BTCUSD - Retrace for a Long position - 2 Entry Points.
Hello All - DuncanForex.com with another TradeIdea
This time it is Bitcoin.
With Bitcoin breaking through the key 10,000 level.
I expect it to retrace to this level and if an engulfing candle appears - there could be scope to enter on the upwards trend line.
If it breaks through that main upwards trend line - I will be looking to enter between the 61.8% and 78.6% area on the Fibonacci retrace.
I do expect Bitcoin to certainly get up to 14,300 level fairly quickly.
Thanks for looking at my trade idea
I will be looking to open three entries when I do enter the market - based on the above two options
DuncanForex.com opening in about 7 days.
Please go to the cover page to register your interest.
You can see a summary of all the trades I have taken in April, May and June which I took and also published on TradingView to show my analysis and results were achieved prior to the market then moving.
Capital growth was
April - 24%
May - 98%
June - 44% (up to the 21st June.)
Thanks for looking, Duncan
This time it is Bitcoin.
With Bitcoin breaking through the key 10,000 level.
I expect it to retrace to this level and if an engulfing candle appears - there could be scope to enter on the upwards trend line.
If it breaks through that main upwards trend line - I will be looking to enter between the 61.8% and 78.6% area on the Fibonacci retrace.
I do expect Bitcoin to certainly get up to 14,300 level fairly quickly.
Thanks for looking at my trade idea
I will be looking to open three entries when I do enter the market - based on the above two options
DuncanForex.com opening in about 7 days.
Please go to the cover page to register your interest.
You can see a summary of all the trades I have taken in April, May and June which I took and also published on TradingView to show my analysis and results were achieved prior to the market then moving.
Capital growth was
April - 24%
May - 98%
June - 44% (up to the 21st June.)
Thanks for looking, Duncan
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