Goodluck
Bitcoin short?Hello, The chart explains everything.
Before you reach higher TP's like $7500-10,000 per bitcoin, you need to go down, before you go up.
Also remember, the Chinese shut down of exchanges is a rumour as of now.
I don't trade crypto-currencies myself, But this could be a moderate price correction.
Short Bitcoin to $2800-3500.
- Divit -
P.S: If you see an inverse head and shoulders anywhere below $3250 - hold that till $7000 per Bitcoin, or beyond
Remember - I'm not psychic.
BTCUSD Long ForecastBuyers are getting a bit more cautious and we might finally see that major correction, similar to the one during the last big climb back in May, but I doubt it will do much to stunt the overall growth of Bitcoin.
On the other hand, BTC is totally unpredictable and might hit 7000 next week without warning, so don't let me tell you where to put your money
BTC Primary Trend Established, near term correction imminent.Though ultimately bullish, As of today we have enough data to finally establish the boundaries of the BTC channel. Being well off both the 50 and 200 MA, and with 4hr RSI @ 81.2, correction is imminent. The last time we saw the 4hr RSI this high, there was a near term 300 dollar drop that ultimately turned into a 500 dollar correction before reversal. That said, I expect the bulls to regain control swiftly once we've passed the mid-line of our channel. Key resistance levels are marked.
Good luck with your trades!
-Alamo
Possible Good RR OIL ShortHnS formation.
Trendline breakdown.
Good RR.
See price action at pullback to 0,61 Fib.
Use closing prices.
EURUSDDouble Top performed in major resist. 1.0810-1.0825
I prefer for shorting this pair with SL 1.0825-40
Trade safely and good luck for you all :)
USDJPY Not much into this pair, but it seems fine to take some risk for trying LONG.
110.70-80 supp hit 3times and it can't break .
Safe trade with SL below that supp & TP1:112.80 , TP2: 11350.
Good Luck :)
EUR/NZD Its time to short. I've a Bat here.Basic on trendline. Stop loss above X, Tp1 38% of CD, TP2 68.2%
Good Luck.
USDSGD - Short Term with good Risk RewardPrice breakout the trend line and now is doing a correction, after this correction we could have another impulse.
EURGBP - Good Risk Reward OpportunityThe price is on the top of trend line and showing bearish minor impulse.
This setup represent a good risk reward trade, so lets try
