BTC Ready for next phaseBTC short term cup and handle targeting 108k breaking major ressistance will put btc in next market phase. as long as 104-106k regin will act as support look for 130-140k
FT
Where market go next week? Whats happening with WTI? WTI last 2 day goingup. but i thing this is not a new trand this is just correnctio for new huge move down.
Have more reassons for SHORT WTI.
First is Iranina back in Market oil after 36 years. Iranin Selling 1.4 million barrels a day on average in 2014.
Tehnical analysis: Elliott : have 1 impuls 0-1 ; 1-2 is corective ABC ; 2-3 impuls is not to much longer 0-1 and very possible 5 impusl be extended.
So we wait a correction for new short order. Hisctorical Resistanance 1) Strong res : 43,5 - 38.0
2)Other : 40.0 - 34.50
3) Fibo : 32.90-36.0
Wait this prices for new order.
Happy Trading!
