About meBrazil Assist Manager on TradingView :) I'm Calculist, Techcnical Analisys student. Open-minded trader. Forex&Crypto focused. Follow and Like my ideas, connect me at LinkedIn also (gabriel fauth)! THX!
I'm waiting for bullish breakout in two days (08/31) by the pattern strategy,
And if the same bullish rally come up the variation will be probably 100% at least, this is (1164)
In another hand, if 556 is breaking the support line, this strategy become invalidated
My guesses about BITSTAMP:BTCUSD.
If it follow the trend, it'll go to target 1 and our 5th wave begins the bullish formation.
I think its hard to reach the target 2, but if it happens this strategy must be reviewed.
There is a opportunity of entrance at the 38%, estimating 5% of profit if it move in this trend.
Some information from the inditators and ocilators indicate green box the best area to buy.
New strategy must be formulated if the black/red trend is broken.
FX_IDC:USDBRL There are some evidences about bullish move in BRL. 3th wave is in formation. Stay tunned for any different movement.
If it break down the blue line, a new strategy must be formulated.
Currently the market are overbought and probably will down until the weekend, however I am optimist about the earning incoming and probably it will go up, I expect reach with positive earning about $105 or more.
My suggestion is sell today (at good point) and buy at day 25 according the market.
Let's await for next week.