Morning folks,
So volatility is back and BTC has completed not only our 1.27 butterfly but 1.618 that is also daily COP target. As price now is overbought on daily, we suggest pullback today, at least to 10.5K 4H support level. It is suitable for buy trade, as upside pullback should be at least for 5/8, or even direct upside continuation. Anyway, nobody denies using of b/e stops, right?
Once retracement will be over, our next daily target is ~14.65K
So volatility is back and BTC has completed not only our 1.27 butterfly but 1.618 that is also daily COP target. As price now is overbought on daily, we suggest pullback today, at least to 10.5K 4H support level. It is suitable for buy trade, as upside pullback should be at least for 5/8, or even direct upside continuation. Anyway, nobody denies using of b/e stops, right?
Once retracement will be over, our next daily target is ~14.65K
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/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.