Backstory: The bull channel had an outbreak which returned to the channel. This is sometimes associated with a measured move of the same size but in the other direction. The target came a bit late but also overshot slightly. This is a small indicator for more bearish action. Current analysis: There is not much rebound to speak of. The sideways ground movement is...
This is my first publish. I had been trading binary options on and off for a few years. I had a good win rate I just lacked discipline. I turned to learning forex not that long ago, taking what I knew with BO and applying it forex is a great fit for me. I've got it down. I hear everyone say you gain experience by losing. So don't be afraid to do it. I'm not...
Closed at 2.04988 + 311 euro profit. -------------------------------------------------------------- Not sure - but a possible WW bullish. Disclaimer - im a noobie :)
According to the analysis we could expect some minor retracement to the marked "Retrace area". There is a possibility that we would just touch the top of that area. After that we could expect the price to go to 1.62. I will be looking to go long at the retrace area (probably next week), and TP around 1.61.
I'm not sure about this, but I think bitcoin is going down once again. I don't think we will see another big pump for quite a long time, if ever. More and more retailers are accepting bitcoin, most will not hold on to it, so there will be increased sell pressure.
I'd definitely suggest a long for a big time frame, for a small time frame I'd wait for a clear move before I would open either short, or long.