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Pricemovement

Bitcoin: The next stormHi guys, I hope everyone have a very happy Christmas! I'm going to do quick update about the Bitcoin ( BTC ). Yesterday, Bitcoin surged about $15700 and this is going to my favor. In the previous post, I said that the "Seller Zone A" should be a good take profit area for for those whose had entries near the trendline, above the cloud and below both Base and Conversion line. In this surge up, price step in the "Seller Zone A", We can see some signs that can drop the price again: - Price move in Seller area. ( For some reasons trader should Take profit and drop down the market ). - The candle surged nearly end stand for the end of wave B. ( I didn't think this come too soon. And now, Wave C may had begun ). - Looklike the Buyers are exhausted, the buy volume too small to push the price higher. - The fakeout spotted before, Price may not move higher. After all, we are still in an ascending trend. Even it's looklike the uptrend resume and you don't want to miss the train and me too! Please maybe i'm wrong but i don't to take this price it's so high not economical. Checking Bitcoin with others indicators: - MACD: still pointing down and histogram below 0 ( showing bearish movement ). - Stoch RSI: pointing up but same thing ( showing bearish power ). - Volume: Buyer weak Finally, I want to say if I going to trade this, i will wait until the price near or lower the Big trendline again then i take this upportunity. Once again Happy Holiday and Happy Trading all Thanks and take care. ================================================ If my posts is useful, give me yours feedbacks, please! | Likes | Follow | Comment | Support | BTC: 1QHxjnFygZS6XPhkab6fcZx7F82ZuqFeSo BCH: 1FZuQYTD3BKJpkK8iaN5rYe6yYAxt4VhzJ ETH: 0x547C3dC8bFB4d61c2791F194aB498D432E253d62 LTC: LcHf9GkUB8mkkeMDgqY3Asp91tU5b7XjAH ================================================
BITFINEX:BTCUSD
by Leaked_Timeline
Forex is not fair tradeWe all know the tricks of financial institutions and rely on our government to oversea fair trade with these companies. Unfortunately as retail Forex trader we are not a well protected as we are as customer of a bank in our country. Because of sovereignty issues the Inter-Bank network that connects all banks the world and exchanges Forex transactions is not regulated by any country. In this example once I created an order the algo manipulated the price in way to avoid the profit area and kept the price higher than the Short position entry value.
by Deep-Peat-Shark