Morning everybody,
So, market is so weak that was not able to show even minor 0.618 AB-CD action back to 17-17.10K resistance area that we've discussed last time. Now we're getting more and more bearish signs on FX market, DXY. Thus, it seems that BTC will take out daily 16.27K lows very soon.
Despite that we have here "222" Buy pattern - we do not consider any long position, but use any upside bounce for short entry instead.
So, market is so weak that was not able to show even minor 0.618 AB-CD action back to 17-17.10K resistance area that we've discussed last time. Now we're getting more and more bearish signs on FX market, DXY. Thus, it seems that BTC will take out daily 16.27K lows very soon.
Despite that we have here "222" Buy pattern - we do not consider any long position, but use any upside bounce for short entry instead.
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.