The health and momentum of the trend are healthy and show signs of accumulation in the past few hours while maintaining a downtrend for a medium and short term.
50% of the trade position would be close at the range of 50.27 which is the first target and the stop loss of rest of the position will be switch to the selling price I open it, which will be a zero risk...
Doing some analysis to the market even if the Forex market is close right now waiting till the opening again on Monday. However, I will be opening a SHORT position later when the market is open on the Pair GBP/USD.
A potential 0.42% down
The Bitcoin has shown some strength reaching to 3848 level since yesterday and then rally back to the 3722 level where I think it will bounce back soon to the level 3484, if the BITCOIN cross the level 3848 where it shows a black hole between 3484 and 3980, it believed that it will reach then the first target at 4052-4179
The XRP cryptocurrency had held the level 0.36406 for quite a while where the most trading volume is. The change in the downtrend momentum confirms the uptrend back to the 0.4605.
