BTC probable bounce here, after that both scenarios are still possible.
Comment:
Stop at trendline was hit, lets try and repeat the bounce.
Trade closed: target reached:
Target was reached. Trade closed.
Comment:
Here is an outlook for next week or so. Bounce at 7600-7800 area if we close above 8600 we are bullish if we deny gold trendline after the bounce we could see 6500 area.. Be careful.
Comment:
Bounce was almost on point, but since it didnt reach my bottom target exactly I am starting to have a bullish bias in case we dont break under 8020.
If we dont break 8020 then A1 is most probable. Since it is SUNDAY and market likes to drop on MONDAY we cant exclude B. No trade zone right now imo, if we break above 8500 and close there we will complete A1 or A2. All shorts closed, will reopen if we break below trendline to start C.
If we dont break 8020 then A1 is most probable. Since it is SUNDAY and market likes to drop on MONDAY we cant exclude B. No trade zone right now imo, if we break above 8500 and close there we will complete A1 or A2. All shorts closed, will reopen if we break below trendline to start C.
Comment:
RSI breakout was on point but turned out as fake out or manipulated pump
B is in play as long as we dont close under the purple line
B is in play as long as we dont close under the purple line