oil is near a major trendline in weekly time frame and a bullish divergence is clear in daily timeframe . so what is my trading strategy?
we should monitor market and indicators any time bars be shorter in MACD or bullish reversal in any indicator occur we can have a buy stop on tick above last daily high and stop one tick below the low made prior to bullish...
it seems that bitcoin is going to make a big rally and the golden age of this coin is coming soon. all dimensions of market such as pattern price and momentum indicate that this week bitcoin made the first impulse wave as shown on the chart and after some retracement into 50-62 % fib the possibility for a rally is very very high in next two weeks .
pattern and price and momentum all have a sign of returning the golden age of bitcoin in next two weeks after some retracement into 50 - 62 percent of previous rally this week if price can take out one bar high in daily time frame i will go long without any doubt.