65?
Morning folks,
So, BTC accurately follows our short-term trading plan. Those who bought around 55K should be absolutely happy - market perfectly has completed the right arm of our H&S pattern, by accurate AB-CD retracement. So, as bullish context stands in progress and price was able to stay above our 55K signal area - no shorts by far. It is nothing to do for the bears.
If you've missed entry around 55K - you could consider using Stop "Buy" order around top of the "A" point, slightly before it. And target - upside H&S AB=CD to 65K. This is the first one, and then we will see...
So, BTC accurately follows our short-term trading plan. Those who bought around 55K should be absolutely happy - market perfectly has completed the right arm of our H&S pattern, by accurate AB-CD retracement. So, as bullish context stands in progress and price was able to stay above our 55K signal area - no shorts by far. It is nothing to do for the bears.
If you've missed entry around 55K - you could consider using Stop "Buy" order around top of the "A" point, slightly before it. And target - upside H&S AB=CD to 65K. This is the first one, and then we will see...
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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