TECHNICALS: Currently, BTC has completed a Peak Formation High (PFH) with an M pattern and has progressed down to confirm a Level 1 position. There is a high probability for a good SHORT down towards the MAYO (200 EMA) as well as most likely PIN the BLUEBERRY (800 EMA) before forming a Peak Formation Low (PFL) with a W pattern. Once it forms the W pattern, we...
Anticipating to go long between 133.489 & 135.000 Pounds_fx
I will be bearish until the 1.42671 level then i would be looking for a buy at that level.. but if it does go lower i will look for a buy at the 1.40426 level!! Good Luck !! Short and Long