Hi everyone,
as clear as it is, we are already few days in downtrend and we reached our OTE targer for opening short at 53k.
There is possibility to going up to 53.5k but our uptrend potentionall is significantly less then our downtrend potentional.
For that reason, we should be opening short position, with stop loss above 53.9 - 54k , depends on your own risk acceptance.
With that said, our potentional target is around 47k and possibly lower around 45k to 42k.
Those who like or agree with my analyse PLEASE click that like & follow button and dont be shy to leave comment with your opinion. Your positive feedback motivates me to providing more of my views. Wish everyone good luck in trading.
Best regards,
Joe.
DISCLAIMER: This is not financial advice. One should always do his own research before taking decision enter markets.
as clear as it is, we are already few days in downtrend and we reached our OTE targer for opening short at 53k.
There is possibility to going up to 53.5k but our uptrend potentionall is significantly less then our downtrend potentional.
For that reason, we should be opening short position, with stop loss above 53.9 - 54k , depends on your own risk acceptance.
With that said, our potentional target is around 47k and possibly lower around 45k to 42k.
Those who like or agree with my analyse PLEASE click that like & follow button and dont be shy to leave comment with your opinion. Your positive feedback motivates me to providing more of my views. Wish everyone good luck in trading.
Best regards,
Joe.
DISCLAIMER: This is not financial advice. One should always do his own research before taking decision enter markets.
