BITFINEX:BTCUSD Are RSI divergenc on 4h chart and activated ascending wedge on 15m chart signs of trend reversal? !! I am not entering the trade !!
Head&Shoulders is forming on 15m chart. If breaks and closes below trendline we are looking for 20 pips of profit and stop loss above right shoulder. TP2 is 38.2 fibonacci retracement of wave on 4h chart.
I see potential buying opportunity at 7000-7100$ levels. Entry: 7000-7100$ TP1: upper resistance channel ~8600$ TP2: 13k-14k SL: Strong daily candle ending beneath support channel
RSI is showing overbought market. Daily shooting star candle is confirming bearish movement in the next days. Entry now= 1.358 TP1 (fibonacci 38,2)= 1.334 TP2 (fibonacci 61,8)= 1.316 No Stop loss If price goes higher than entry, I will look for new manual entries to short FX:GBPCHF
Hello traders! This is my first tradingview idea. BTC is forming bullish bat pattern. Please like&comment and let me know what you think about my idea. Entry level: 6693 TP1: 8636 TP2: 9836 SL: ~4700