As you can see from the chart. Price action is quite good around the support zone and also this area is a 61.8 % retracement. If the price can break out the triangle we can go long. However, your MM is more important. Good Luck and Trade with Care !!!
Here is a short trade idea on XBTUSD 15m chart.
From the chart now in wave B before impulse move to C
Here is what I see from the chart.
We may see abc pattern again on this pair.
Wave C is around 1.35 Wait for some pullback before entry...
For those who want to risk with this short trade... :) SL just above the structure !!!
Based on current structure I think we may see another wave down soon. SL = 7000 TP1 = 6280 TP2 = 6000 Good Luck !!!
Based on abc pattern the spike up is possible. PUT your SL and TP based on your strategy !!! Good Luck.
BTCUSD is still in a big big big correction, but finally it will go to the moon.... :)
Here is my ABC trade idea.... BTC is still bearish for me.
As we can see here .....continuation pattern is forming.
It seems like the oil price is now loosing momentum as of now we can see the double top already. For those who are ready to take risk .....this short trade is not bad I think.
As you can see the reversal pattern is forming.... Don't sell it now,, but wait price action or the BO is the good idea. Let's see !!!