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TO HAVE AN EDGE IN TRADING YOU NEED TO BE VERY SMART WITH YOUR MONEY.KNOWING WHEN TO TRADE AND WHEN TO STAY OFF IS MORE IMPORTANT THEN A HUGE TRADING ACCOUNT. SO BE SMART TO WAIT FOR A SHIFT OF TREND BEFORE GOING LONG.
PLEASE WAIT FOR A SHIFT OF TREND GEFORE SHORTING THIS PAIR . FOR THOSE OF YOU THAT ARE AGGRESSIVE YOU CAN GO AHEAD AND SHORT IT BUT FOR I AND MY TEAM WE WILL BE WAITING FOR A DOUBLE TOP OR OTHER BEARISH FACTOR BEFORE GOING SHORT.
KEEP AN EYE ON EITHER OF THE RETACEMENT AND SEE WHICH EM SUITS YOUR STRATEGY BEFORE GOING LONG ON THIS PAIR.WE EXPECTING THIS PAIR TO RETRACE BACK TO THE NECKLINE OF THE HEAD AND SHOULDER PATTERN ON THE WEEKLY TIMEFRAME SO KEEP AN EYE.
If u viewed my previous analysis you understand why we are looking for short ..but for now its not yet time to sell lets wait till the market breaks this current support its respecting nicely ..Even though it has formed the head and shoulder pattern there are other factors we need to consider to have a nice trade ...HAPPY HOLIDAYS GUYS
Bitcoin is really having a hard time gaining some strength because we still a high probability set up on this one ... so we be waiting for a change of trend formation on the daily timeframe and of course the 4hrs time frame ..so keep an eye on it and lets make this mulla together.HAPPY HOLIDAYS
After a highly anticipated retracement the market is finally playing out ...So whats the plan ??...We will be waiting for a clear move before going long .Wait for a retracement before going long...I WILL SEE YOU AT THE TOP.