BTCUSD (LONG)

Apr 25, 2018

TECHNICAL ANALYSIS: FIBONACCI CONFLUENCE LEVEL TRADING STRATEGY

ENTRY LEVEL: 9100
TAKE PROFIT: 12850
STOP LOSS: 8500

May 3, 2018

Note

Healthy Bullish Trend

-Nest Resistance Level @ 10000
-Conservative Trader can Take Profit once RSI touches 30 level

May 4, 2018

Trade closed manually

SIGN OF TREND REVERSAL & SIDEWAY PATTERN BASED ON THESE TECHNICAL ANALYSIS:-
1) POTENTIAL STRONG PHYSIOLOGICAL PRICE RESISTANCE ZONE 9650~9800
2) WEAKENING ELDER'S FORCE INDICATOR SHOWS LOW UPTREND MOMENTUM
3) RSI INDICATOR SHOWS WEAK UPTREND PATTERN ABOVE 50 LEVEL

TRADERS ARE ADVISED TO TAKE PROFIT @9690 FROM ENTRY LEVEL OF 9100.
PROFIT: +590

THIS TRADE IS CLOSED. THANKS.

May 4, 2018

Note