Simple
Simple chart on how bitcoin movesThe chart does all the talking. Some Highlights:
RSI indicator: We fail to enter the bull run according to the RSI indicator. We are in the void zone(neutral). Most likely we will go down in the RSI to the bear zone.
Historically, the bear market last about 20 months. I predict the bull will come in in June, July or no later than August.
USD/JPY LONG?
Here we have a possible BUY trade @ 111.820 setting up. We are still in a bullish market for now as long as we are above my Breach Line. We see BUYERS came back into the market very strongly @ 111.770. We will be looking to take this trade to 112.780 and analyze price movement at this threshold. If we can't get a breach look out for a major reversal Daily Breach @ 111.385. #SIMPLETRADING
Falling wedge 6:1 RRExpecting the 3rd touch to wedges bottom to be bounce up and after that finally a break above trend line to retest highs. Rectangle represents daily supply zone , where smart money has buy orders. CPI at Thursday should fundamentally support this idea.
Enough talking, trading is simple manage your money and risk.






















