BTCUSD has formed bullish Shark | A good long opportunity
Updated
Priceline of Bitcoin / US Dollar cryptocurrency has formed a bullish Shark and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here.
RSI is oversold but Stochastic is in bear cross so for secure trade we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 7797.57 to 7661.43
Sell between: 7926.91 to 8207.68
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here.
RSI is oversold but Stochastic is in bear cross so for secure trade we can wait for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets
Buy between: 7797.57 to 7661.43
Sell between: 7926.91 to 8207.68
Trade closed: target reached
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