This idea is for educational purpose only not financial advice
This market setup is not financial advice for educational purpose only.
The Gold is looking weak i can see a triangle from here with a potential breakout to the downside.
Will entry short when red candle is printed and Retested the prefer entry price.. Note: This is not financial advice its for educational purpose only. The analysis was base on my indicator base on strategy that i use.. Cheers!!
Friends. price just break the 618 fib level let see if this level now will act as support, its still need a good volume to break the current resistance 105xx if that happen we the GAP could possibly be filled at 117xx.. in bearish side if price fill the gap at 7k region btc could make a beautiful head and shoulder pattern .. hope you like my idea. cheers God...
In this very undecided market trade with low risk setup..
I dont know where we go as far as i know bitmex is down..
Will history repeat it self?? are you ready where to buy where to sell??
This could be a good opportunity to sell we can wait for the Indicator to confirm the trend.
Let see if market will follow indicator this time 15min buying
BTC is at 618 level again let see if history repeat it self
The target is at 50% and 618 fib ratio let see if price hit that level
Hopefully this is right :) Market is a bit tricky but still we need to deal whatever situation short trading plan