Analysis: Right now I opened a long position, as a reaction of the latest pullback from yesterday. This pullback can attract some buyers to push the price to the 60k level where we could have a consolidation for a few days, or if we have a strong bullish candle which will close above the 61k level It can open the road to the 68k level first. Right now the risk reward is pretty low with this trade. Bitcoin is trying to follow the path of ETH I think but it requires a lot of money inflow to do that. Let's see how the market will react to this pullback.
Check out my yesterdays catch - chart is attached below.
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Check out my yesterdays catch - chart is attached below.
Consider to join our community to get more of this kind for Free.
community.protradersnetwork.com/...
#forextrader #forex #forextrading #forexsignals #forexlifestyle #trading #money #cryptocurrency #trader #bitcoin #forexmarket #forexlife #technicalanalysis #stockmarket #forexanalysis #forexmentor #daytrading #forexgroup
Trade closed: stop reached