Hello traders,
The price action has been following our forecast to the dot so far. If you refer to my last btc post, you can see that I had 2 options for it once it reached the trend line. We would either get a correction / continuation pattern for more up side or we would just dump back down.
I do not think this price action is showing a continuation pattern, but rather a reversal back down to re-test the previous lows and in my opinion break it and make new lows.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
The price action has been following our forecast to the dot so far. If you refer to my last btc post, you can see that I had 2 options for it once it reached the trend line. We would either get a correction / continuation pattern for more up side or we would just dump back down.
I do not think this price action is showing a continuation pattern, but rather a reversal back down to re-test the previous lows and in my opinion break it and make new lows.
Check out some of my other ideas posted under 'related ideas' down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
Thank you,
Good luck
Comment:
Setup is still valid, keep the order.
Comment:
I am in the trade, and right now it is pretty risky but I'm staying in it. I think we will get the down move!
Comment:
I think if it does go up, it will do this.
I think if it does go up, it will do this.
Comment:
Updated order!!
New TP - 9,375$
New SL - 11,000$
New TP - 9,375$
New SL - 11,000$
Comment:
Forgot to update this, I got taken out for break even. (Lost on fees). BTC looking stronger now so be careful if you're still in a sell.
Trade closed: stop reached
