Long

Cup and Handle pattern forming

By dchua1969

Updated

can wait for price to break out of black diagonal line , retrace then buy.

Note

forexlive.com/news/!/bitcoin-falls-12-talk-of-australian-banks-freezing-accounts-tied-to-crypto-20171230

After the Korea government saga on bitcoin, more countries are lining up to sing the same song. That to me is not bearish , at least in the short term.

Traders, please trade with a plan, use money you can afford and not borrow, mortgage your house or dogs to get more capital to buy more. There is no such thing as guaranteed success. Those who became millionaires trading these - good for them, but are we one of them, yet ? Always manage your risk and ask the no. 1 question - What if I am wrong ? NOT what if they are wrong? They are not sharing their fortune with you nor borrow money from you to pay their debts, right ?

Of course, it is good to get excited with our profits but when it comes too fast, too furious, we can get ahead of ourselves and forget the fundamentals.

Trade safely , trade accordingly to your plans.

Best of luck to all

Note

thank you mr market again !

dchua1969

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