Following the very agressive drop last week I expect another push to the downside after the retracement targeting the low of Dec 2018. After BTC cut itself through all the expected support levels and the previous accumulation area (6500-7700) I will keep my eyes on the bottom of it to be tested which is also lining up perfectly with the FIB618 level on the daily...
Hello guys, As we can all see everyone in the UK was so excited about taking a direction on the 13th of December so price has been pumped up to 1.35 where reality (a.k.a Boris Johnson and his Brexit plan) kicked into our teeth and started a sell off the British pound. By Christmas the sellers cooled down a little bit so the market could finally started a...
Need a nice long green candle to confirm direction. Idea is getting invalidated if price goes under the red line
Following the recent price drop I am expecting a pullback to the 17.4 - 17.6 area then looking for a more accurate place to open a short position targetting 16.3.
Education purpose only Please do your own analysis before entering into trade