BTCUSD - Above the L-MLH again

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Here it comes, the rise...

As I said in the weekly outlook on my FTG-Members BLOG (register for free...), you see now price above the L-MLH trying to crawl up.

The brach of the L-MLH last week is a great indication for BTC to rise, since it found support again on a test/retest.

Me ---> Bullish

Comment: OMG!'s moving to the little moon §8-)


Trade closed: target reached: Done...

L-MLH ??
forker javadth

Hi Javadth

L-MLH = Lower-MedianLineParallel...the H means "parallel"

If you like register for the Free ForkTrading BLUEPRINT on my website - see footer.

+1 Reply
javadth forker
@forker, thanks

so u think btc will go up ?

i thought it should test 4k
forker javadth

It's a question of context I think.
I don't "predict" markets, because predictions are futile...there's no crystal bowl in trading.

So, what am I doing then?

How about acting and projecting on a set of rules?
This is where I lean on - My ForkTrading rules.

They tell me what potentially will happen next.
Now, markets don't care about rules, right?

So in the next 10 min. all can change....I change with it, hunting the beast until there is a sign.

When I said in one post it could go down to 4K, then it is the past.
And because I don't predict the future, it doesn't bother me when it's not going to happen.
I simply tune in to the new situation and follow the market, looking out for new signs, new intensions which are (for only this moment I watch it) confirmed by the rules.


Thanks for asking and for your interest.

+2 Reply
javadth forker
@forker, WHAT NEWS? BTC should hit 9.5 and if jump 9.8 will fly

if not 4.4k
forker javadth

What "WHAT NEWS" ?
...huuuhh??? sory mate, don't get it.

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