Morning folks,
So, our recent "222" is done and market re-tested 37K daily trend line support. With relatively dovish Fed comments, BTC gets the chance to show the bounce. If we get the pattern on the weekly chart- upside action could stand for 4-5K.
Meantime, on 1H chart, market is forming the H&S pattern. Currently upside target based on AB-CD pattern stands slightly higher. Supposedly it should be the neckline. If we 're correct - then the bottom of the right arm, as usual, seems to be attractive point to consider the long entry
So, our recent "222" is done and market re-tested 37K daily trend line support. With relatively dovish Fed comments, BTC gets the chance to show the bounce. If we get the pattern on the weekly chart- upside action could stand for 4-5K.
Meantime, on 1H chart, market is forming the H&S pattern. Currently upside target based on AB-CD pattern stands slightly higher. Supposedly it should be the neckline. If we 're correct - then the bottom of the right arm, as usual, seems to be attractive point to consider the long entry
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.