electoside

electoside

Hello traders I am expecting a bearish ranging market for bitcoin before the "explosion" (to be verified) has to test a minor resistance zone before breaking below the trendline retest and the a drop down to the fibo 61.8 ,which is also a long term support area, where I would be expecting the next bullish impulse leg. remember to always read the market while its...

electoside

possible pullback toward the previous support area to gain fresh money before the jump and fill the gap around the 41-42 area

electoside

A breathrough the weekly support will drive this pair in a more bearish scenario delivering two main tagets beforea possible rebound to test the next scenario. LOOKING FOR A POTENTIAL SHORT ENTRY AROUND THE 1.0538- 1.0547 AREA TARGETING A POTENTIAL BREAKTHROUGH THE WEELKLY SUPPORT LEVEL AT 1.0518 FOR A FIRST PROFIT AT 1.0500 AND A SECOND AT 1.047. also a...

electoside

Rejection expected to point A where price will be monitored seeking the correct signals to prove the idea right. Trade as planned long setting 50% profits on the first target and the rest on the second target at point C . At pint b look for proper continuation signals/ patterns. Trade according to money managment. disclaimer these are not signals but just...

electoside

after our previous analysis we see price hitting our resistance area creating a lovely inversion bar.

electoside

Ascending triangle pattern forming nicely on the daily chart, shift down to the 4H chart for a confirmation candlestick and take your trade long. Obviously if the price closes under the 5363 or worse under 5338 level this strategy is not working. please leave comments below.