XBT/USD 4H Looking Bearish If ...
Updated
Hello World,
As we previous published an idea on Weekly Chart, Today will close weekly candle and looking we will closes below the descending channel as well,
sharing an idea on 4h chart, we have rising wedge mentioned in the chart, and MACD also looking bearish but if we break above the wedge and closes above so story will change, i don't think.
as we can also see there is no correction candle in weekly chart, we are continue moving up. i expecting the next target should be $8660, $8400, $8000, and last one $7700.
Always trade with tight SLm because we are trading in 24/7 market.
If the chart will change, i will change.
Hit Like and Follow,
Thank You.
Please let me know if you have an idea or any question.
As we previous published an idea on Weekly Chart, Today will close weekly candle and looking we will closes below the descending channel as well,
sharing an idea on 4h chart, we have rising wedge mentioned in the chart, and MACD also looking bearish but if we break above the wedge and closes above so story will change, i don't think.
as we can also see there is no correction candle in weekly chart, we are continue moving up. i expecting the next target should be $8660, $8400, $8000, and last one $7700.
Always trade with tight SLm because we are trading in 24/7 market.
If the chart will change, i will change.
Hit Like and Follow,
Thank You.
Please let me know if you have an idea or any question.
Trade closed: target reached
First Target Achieved $8660Trade active
Active for Second Target ...Trade active
Again We got rejected from the resistance, If $9480 break next will be $10400.Trade closed: stop reached
SL Hit
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