After the big boys took their profits out from shorting 148 zone then we might see a 50 fib retracement. risking 50 to gain 180? fair i think.
This is my tought about it. wait for a retest to open the second short.
I think we need to retest the 1.1290 zone before the meltdown. Maybe next week monday.
Will it be a buy or a sell. gonna open a buystop at 1.1227 with sl about 20 pips. 2 min before NFP and MoM reports gonna put a buy stop and sell stop around 12 pips above and under that price. good luck to you all. The universe grands your wishes.
I think this is a good opportunity.
I find it funny that everybody in the crypto world is going to the moon. before that we need fuel.
Educational You asking yourself how to enter the perfect trade at the perfect time, well as you see I only use 1 indicator @ the same time in different time frames, I play sometimes putting the last indicator @ blue line daily just to see how far we are in the daily rsi. You can also use the macd in the 4h chart to look out for some wild rollercoaster...