BTC "Bulls defend well" Since 19 Hours Ago we shared an update for btc
have a plan about What You need to know if BTC Breakdown?
This update had all conditions for bearish movement Strong levels to open long-term positions with capital management and effect for breakdown movement at the market
With which best levels for bulls to rebound btc and rescue it, you can take a look and read it carefully
Here....
since 6 Hours we got a good reaction from bulls at our mentioned support area $6035/$5500
good move but not a big thing
we can see bullish Divergence at daily at 4-hour frame good sign with price reaction
this analysis to give advice
you ask to buy or wait or short
for us wait to breakout $6800 then we can join this good but at this case, we will missing lowe price to catch btc
so for that, you can buy from $6150 / $6050 with 25% of your capital
Stop_loss at $5500 Close daily weekly below it
Targets
$6350
$6600
$hold
split your Btc at 3 targets
but wait?!! what happens for $4500 $3200 $1800 man?!!
are you try to Hold the stick from the middle :(?!!!!!
surely not if you read the last update we said
this post active directly after breaking $6035/$5500 with a weekly close below this levels
So this not happened yet so this short plan not active yet
and we didn`t have any active trades means we didn`t active short then active long we didn`t have any active trades at BTC
so we are ready to take some risk and open this risky trade
be sure you follow capital management
Bears still dominate the market
The dips have a high success rate
so set your own risk and follow capital management
don`t use leverage :)
and remember we the following chart and try to analyze movement to be in the right side
we ask Allah reconcile and repay
Vs
VS - Dropout From Crucial SupportLaburlah's Daily Complimentary (12-MAR, Monday):
VS
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. Bollinger band: Widening, bearish-mode
4. Support 1: 2.51
5. Support 2: 2.30
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Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
EuroYen Support Line Llooks VulnerableThis support line will not hold for long, I suspect.
Looks to be a trading opportunity in the making.
I've been on this site about 15 minutes.
Hat tip to Theras Carey at Barrons
Between Ameritrade closing down StrategyDesk and Yahoo! screwing up its Finance message Boards, I am a bit adrift.
Thankfully there is a bloomberg at the office.........
Markets playing tricks with my pivot points!!So after the market reached those fresh highs past 1.1400 handle the polls were still in favor of Bremain.
Thankfully I decided to abstain from referendum craziness so I didn't take the buy order as I would've in any other day of the week. Now we have breached lower levels we can have a bit more confirmation on the direction of the markets. I'm looking for congestion around 1.1100 and breakout to the initial move. I placed a pending order but that doesn't mean that you should too. Past results do not guarantee future performance. Thank you for any comments.
Exotic Trade Idea / Long-ShortWell I put the description on the chart, trade it at your own risk, and use this as a way to more or less formulate your trade idea that would fit your own guidelines for a trade. =D Since this is an exotic pair it isn't necessarily for new traders, since many factors make "exotic currency" trades different, when it comes to averaging position sizing to adjust to very large pip movements, or risk reward, conversion rate, etc. So for me personally I have to stay especially disciplined when trading this and wait for price confirmation of a long, or short entry.