BTCUSD - Close Your Short | Stand Aside & Wait for Confirmation
Bitcoin Review - BTCUSD :
---------------------------------
Price Got Support At The Ascending Channel. Close Your Short. Stand Aside & Wait for Confirmation Whether Price Close Below The Neckline or Price Breakout The Descending Trendline (Pink Color) Towards Upside.
Recently we saw price had fallen down sharply after showing a regular bearish divergence. After that we saw Bullish Momentum on 4hr chart. Price and RSI had broken descending trend-line towards upside and it was the first signal of impending trend reversal. Also there was a bullish Fakey setup. Recently
Trading Tips : "When I trade, I don’t just use a price stop, I also use a time stop. If I think a market should break, and it doesn’t, I will often get out even if I’m not losing any money" - Paul Tudor Jones
'4M of Trading'
-------------------
- (Understanding) Market,
- (Your Trading) Method,
- Money (Management) &
- (Leading and Managing) Myself
*** Finance Source : facebook.com/financesource123/
#Finance_Source #FS #Forex #Fx #Stock #Share #Stock_Market #Finance #Business #Trading #Investing
---------------------------------
Price Got Support At The Ascending Channel. Close Your Short. Stand Aside & Wait for Confirmation Whether Price Close Below The Neckline or Price Breakout The Descending Trendline (Pink Color) Towards Upside.
Recently we saw price had fallen down sharply after showing a regular bearish divergence. After that we saw Bullish Momentum on 4hr chart. Price and RSI had broken descending trend-line towards upside and it was the first signal of impending trend reversal. Also there was a bullish Fakey setup. Recently
Trading Tips : "When I trade, I don’t just use a price stop, I also use a time stop. If I think a market should break, and it doesn’t, I will often get out even if I’m not losing any money" - Paul Tudor Jones
'4M of Trading'
-------------------
- (Understanding) Market,
- (Your Trading) Method,
- Money (Management) &
- (Leading and Managing) Myself
*** Finance Source : facebook.com/financesource123/
#Finance_Source #FS #Forex #Fx #Stock #Share #Stock_Market #Finance #Business #Trading #Investing
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.