two important fib displays. see how price is moving accordingly and completing its sequence. resulting in the next bearish move coming to pass, these things will come to pass. the whore of babylon (USA) will deserve what it has coming for its fornication with kings and rulers of the world. the DEBT is too large to pay back, resulting in false value to fall....
head and shoulder off the 61.8% zone looking for GBP strenght.
Had a nice rally during the week, imminent shorts as we approached daily highs. if previous higher highs hold we will be looking to re enter and long this market.
simple set up, example of how we would enter this market at 1:2 R:R
Waiting for price to make a pull back to re enter buy orders to ride the trend! dont take these post for granted, ill be uploading weekly one of my setups that i personally trade. make sure to follow and stay updated. safe trading everyone.
As seen on previous post, bitcoin daily timeframe rejected key prz level of 61.8% signaling long term continuation. on the 1h we see the key level of 61.8% being respected yet again in minor market structure, also the trend supporting price for the 3rd time.
fib lvel 61.8% was rejected nicely on the daily time frme following with a nice push to the upside continuing the trend. Target level at resistance, secure some profit and the rest of your positions at break even for theres a possible break of resistance.
monthly timeframe indepth analysis. steps 1-5 will help you see whats going on. DOWNTREND MARKET