Morning guys,
We consider just 4H chart today where it is clear that BTC looks heavy. Current price action doesn't correspond to idea of H&S and increases chances on big failure with potential breakout of 9K area that we've discussed
previously. Theoretically bullish scenario are possible and not valished yet, but price action looks irrational.
Today is also Fed meeting and we expect hawkish surprises from JP. Thus, our call - do not take new longs, if you keep them from last week - move stops to breakeven and grab 30-50% profit.
We consider just 4H chart today where it is clear that BTC looks heavy. Current price action doesn't correspond to idea of H&S and increases chances on big failure with potential breakout of 9K area that we've discussed
previously. Theoretically bullish scenario are possible and not valished yet, but price action looks irrational.
Today is also Fed meeting and we expect hawkish surprises from JP. Thus, our call - do not take new longs, if you keep them from last week - move stops to breakeven and grab 30-50% profit.
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。