Morning guys,
BTC perfectly has responded on our conditions. As upside action on 1H chart has happened too far above neckline of former H&S pattern, it means that
this is not a retracement on a way down but re-establishing fo upside action on 4h chart. So, yesterday '222" Buy setup has worked perfect.
On this background we turn back to our major 4085$ target on 4H chart. Recent action suggests that it is not time to go short by far.
BTC perfectly has responded on our conditions. As upside action on 1H chart has happened too far above neckline of former H&S pattern, it means that
this is not a retracement on a way down but re-establishing fo upside action on 4h chart. So, yesterday '222" Buy setup has worked perfect.
On this background we turn back to our major 4085$ target on 4H chart. Recent action suggests that it is not time to go short by far.
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.