Shotsetup
Potential Short on BTCBTC is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline before taking a position with stoploss at last swing high with target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
XAUUSD FALLS!Hello fellow traders!
XAUUSD has been on the rise and has gained some bullish momentum BUT there will soon be a fall if the buyers doesn't have the buying power surpass the SUPPLY level! If the key level is respected, then we should see gold collapse.
CHECKLIST:
✔BEARISH POTENTIAL MOMENTUM
✔RSI IIS OVERBOUGHT
✔HASH RIBBONS ARE CROSSED AND CONFIRMING ITS STILL A BEARISH TREND
✔IF SUPPLY IS RESPECTED THEN THE KEY LEVEL IS TARGETED
1975 PIP ANALYSIS