TEVA rating was cut to Junk. Up trend will start soon (3-4 months)
R.R is 1 to 20, so even if you lose the trade it worth the risk (2% of your accounts). Also, this trade will generate positive swap, so there is no problem to shorting it for an extended period of time. Trade with care.
Trade with care P.S "Europe is sinking" quote belong to Stephane ^_^
Its not a buy just yet, but very soon it will be. Trade with care
Long term short. The idea is not only selling from the top, but rather getting a positive swap. South Africa is due to have a big fundamental event that will most likely strengthen their currency a bit (of maybe Trump will do the work for us^_^) Trade with Care
I believe that between Nov 2017 to Feb 2018 we are going to have a serious pull back on Bitcoin . If you are trading Bitcoin , I advice you to make sure that you will be able to take your money out. Remember that in most exchanges you dont have the FTC 0.19% on your side (or at all). A good trader is a trader that knows to Sell when price is High and to Buy...