6900-7000 is a good "Sell" area for BTC
Updated
Morning guys,
Yesterday we've presented our longer-term view on BTC (partially it was placed here, on Trading View, partially on our FPA site, just follow signature link to read it)
and we treat any approach to 6900-7000$ as opportunity to go short.
Today BTC has formed good "222" Sell pattern. We're focused on neckline of our former H&S pattern. Downside breakout will lead BTC back to triangle's border and following breakout.
Yesterday we've presented our longer-term view on BTC (partially it was placed here, on Trading View, partially on our FPA site, just follow signature link to read it)
and we treat any approach to 6900-7000$ as opportunity to go short.
Today BTC has formed good "222" Sell pattern. We're focused on neckline of our former H&S pattern. Downside breakout will lead BTC back to triangle's border and following breakout.
Trade closed: target reached
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/
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