BTCUSD - TARGET CALL
Updated
Now that BTCUSD has pushed through the 50% golden line at 4070. This is when we watch it close. If it can show some force and push hard up to or close to the 75% orange line @ 4285 we could see a push to our final target at the 100% gold line of 4500. But first it'll have to break monthly resistance at the fat red line 4149, which it kissed last time it met. Take a look at my old BTCUSD forecast and you'll see how I made the call last time it bounced off 4149. So recap: if you're already long, take profits here. If youre looking to get long, wait for the next pull back under the 50% gold line (if there will be one) and exit at the 100% gold line, save 10% to let it ride in case it blows past our final target. GOOD LUCK OUT THERE, TRADE SAFE! NOT FINANCIAL ADVICE.
Note
For those asking, With my approach, ideally you would have gotten long at the dark green line or the bright green line. You exit at golden lines or reload at those lines depending how you're playing the trade.Note
TOLD YOU!!! BOOM!Note
What a wonderful trade here. Blew up to the 200% line. The Golden Fib does it again. I'm looking to get short in this range but the majority of my short position will be in the 5500 range with tight stops. NOT FINANCIAL ADVICE. TRADE SAFE.Trade active
<insert pikachu shocked meme here> hell of a trade boys and girls. Aren't you glad you held on to the last 10% of the position. Yes, yes you are. This is a prime example why we hold onto the last portion. It also a good portion to hold going into hedges. Trade safe/not financial advice!
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