A possible double top on the level $9,140, RSI (Oversold) shows signs of divergence and momentum start to slow down, MACD showing signs of crossing which might indicate a possible bearish move.
A confirmation is needed to confirm the move, waiting for a re-test of the level and observe the behavior of the market movement before entering
Sl: 108.34 | -0.34%
TP 1: 106.88 | +1.01%
TP 2: 105.86 | +0.95%
50% close on target 1 at 106.88
50% close on target 2 at 105.86 with changing the stop loss to break even at the buying price
Ahead of the Parlement decision and debate today, the market has recovered to the level 1.2261 where I believe the uptrend will be extended till the final vote outcome been released, much such as in the event where no confident motion was voted for against the previous government, at the time where Theresa May have been a PM. except for this time, the motion isn't...
the Bitcoin has reached a new level at 10,768 (4.35% of the previous high) whereas following the RSI indicator a possible diversion is possible where a pullback can be a possibility. Therefore the other 50% which suppose to be closed at 10,800 is now closed with the current level.
A good potential BUY opportunity on the usoil (all explained in the chart, TP, SL Target 1 and target 2)
50% closed at target 1
50% closed at target 2 ( with the trade set at 0 free risk trade after closing the first trade at the first target level)
The Bitcoin has crossed the level predicted at 10,354 (now 10,388), leaving us with a 9% profit for those who closed their trades at the level 10,354 for roughly around 4-5 days.
The BTC has also crossed the resistance level of the triangle, which indicates a strong breakout, and the market shows a strong Buy momentum, which might indicate a potential of reaching...
Target 1: 1.0837
Target 2: 1.0771
Exit 50% at the first target then move the stop loss for the rest of 50% to break even, having a zero free risk trade for the second target.
Based on Volume level and price action, I believe the bitcoin will get back to the level $13,000 while for the long term there is a potential of reaching the level $17,000
The EURUSD position locked with some profit, as there is a huge volume traded on this level where the market at. to make sure the market wouldn't turn against me, locked profit for now.
