tomtrader

tomtrader

So I thought id take a look at BTC I don't follow it at all really but saw everyone doing TA on the chart so thought f*ck it . so my system is simple structure and fib no MA no indicators literally the naked trader . As I can see the FIB never fails to blow my mind the accuracy on the fib levels are crazy take a look !

tomtrader

either 0.27 or 0.21 support

tomtrader

!

tomtrader

need an hourly close above the MA to trigger the long

tomtrader

.

tomtrader

what do you guys think . I'm waiting on more confirmation to begin entering the trade .

tomtrader

respecting the upward daily trend line . will we see a break or a boom let me know what you guys are thinking

tomtrader

nothing much really happening with this pair going to wait for a break or fall form the resistance area

tomtrader

Potential short maybe , let me know what you guys think

tomtrader

Nice short for then a bullish leg up continuing the bullish trend to a daily resistance last push before maybe a long term downtrend ?

tomtrader

GBP JPY short could be looking for a bearish lg in the next couple of days any of those fib levels will be acting as a resistance level stay tuned

tomtrader

Could potentially be seeing a bearish reversal in the box area corresponding with the downward trend line Just waiting on a candle that confirms the bearish reversal now

tomtrader

Short maybe very long term

tomtrader

SIMPLE STRATERGY

tomtrader

SHORT USD JPY

tomtrader

on chart

tomtrader

on chart

tomtrader

Easy ascending channel