Easy 300%I just saw this trade online and its vary possible for a short term trader !
(Also if I am right with the fact that after the holyday's BTC will send is cash flow into the forks)
It could be !!
to see !!
"Trade what you see not what you think" Bullish sentiment Validated confluences
1.Weekly Trend line broken
2.Support broken Resistance valid
3.Trend Trading
5.Profit margin 1:3
Price action formed inside candle which means bears could not breach the previous low, Price created the inside bar then price retraced back to previous strong support.
Dead Cat or a new trend? The bullish setup I sent to my Elite Zone members before earnings scored and TWTR jumped and closed above its 50 days MA line.
The next target zone is 17$.
My question to you - Will it reach there?
Is it a dead cat bounce of a the start of a new trend?
Anyway, booked profits by now so I'm good...