BTCUSD (LONG)
Updated
TECHNICAL ANALYSIS: FIBONACCI CONFLUENCE LEVEL TRADING STRATEGY
ENTRY LEVEL: 9100
TAKE PROFIT: 12850
STOP LOSS: 8500
ENTRY LEVEL: 9100
TAKE PROFIT: 12850
STOP LOSS: 8500
Note
Healthy Bullish Trend-Nest Resistance Level @ 10000
-Conservative Trader can Take Profit once RSI touches 30 level
Trade closed manually
SIGN OF TREND REVERSAL & SIDEWAY PATTERN BASED ON THESE TECHNICAL ANALYSIS:-1) POTENTIAL STRONG PHYSIOLOGICAL PRICE RESISTANCE ZONE 9650~9800
2) WEAKENING ELDER'S FORCE INDICATOR SHOWS LOW UPTREND MOMENTUM
3) RSI INDICATOR SHOWS WEAK UPTREND PATTERN ABOVE 50 LEVEL
TRADERS ARE ADVISED TO TAKE PROFIT @9690 FROM ENTRY LEVEL OF 9100.
PROFIT: +590
THIS TRADE IS CLOSED. THANKS.
Note
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