Forex-trade
BTC LONG potentialBitcoin is still in a Weekly and daily sell Range. BTC is about $1200 away from changing trend on the weekly and daily. If we do break $41322, this will be positive news for the time being. The monthly candle is about 3 days from closing. If monthly can close roughly where it is now with the break of the weekly and daily sell range. We should have a nice bullish month in August.
If BTC breaks this $41322, I would look for btc to have a pullback and create a Higher low. Especially at the start of the August, This will create the wick of the monthly candle to have a nice strong bullish close end of August. We still have to keep an open mind that there is a alot of resistance around the $48-$50k region and Imbalance around the $20k to be filled still. Trade safe and protect your capital!
as we predicted 1.4000 fill for comming days we predict gbp go down ,touch breakout trend then fly up (if you have open sell 100% put tp above trend line 1.3940)
green arrow=powerfull buylimit place with SL=400
note=our main target is 1.47000 for this we advice stand on buy side looking for buy ,dont pick sell signals
good luck
Current view on BTC and testing new way of tradingCurrent view on BTC, 1 hour chart. Took a short earlier which is running nicely in profit at the moment, SL is set to breakeven already so its a risk free one.
This is my first post and i will share information and my personal view on Forex and Crypto pairs with possible trade setups.
Please note i am not a financial advisor and you need to do your own research.
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