BTCUSD 1:00 pm NYT 11.3.2019 Still Long possible trend change
Hello friends to all watching my charts.
At today we have to be carefull check the lower long trendline
here in BTCUSD.
At the moment its still a long setup BUT if next 4 HR bar
have a close lower than 3820 aerea the long setup is gone in my view.
Its possible to argument that maybe
there we will get here a new long trendline below the
red line (i maked them in red for easy check now)
but we have to remember that in that case this is the second long trendline which has been broken and thats overall a negative case.
Proably we will see a siedeways neutral coming out or maybe
direct a drive to the short aerea.
But that to forecast is too early.
So watch carefully 3811/3820 aerea and dont foreget your stopp loss.
--
My ideas are allways no advise to buy or sell the anything
its allways neccesary that you do your own research
--
At today we have to be carefull check the lower long trendline
here in BTCUSD.
At the moment its still a long setup BUT if next 4 HR bar
have a close lower than 3820 aerea the long setup is gone in my view.
Its possible to argument that maybe
there we will get here a new long trendline below the
red line (i maked them in red for easy check now)
but we have to remember that in that case this is the second long trendline which has been broken and thats overall a negative case.
Proably we will see a siedeways neutral coming out or maybe
direct a drive to the short aerea.
But that to forecast is too early.
So watch carefully 3811/3820 aerea and dont foreget your stopp loss.
--
My ideas are allways no advise to buy or sell the anything
its allways neccesary that you do your own research
--
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