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wait for this big red candle closed..
if red candle strong enough then enter the trade~~~
good luck boyz!~
this area is a sellers area. major trend is downtrend
and a hammer candlestick shows market is ready to reverse.
and the target is buyers area.
all reasons showed..
reversel sign at the level.................
Last green doji candle show weak of the bulls.
You can see buyers are losing power.can not make a new high.
And minor trend is down trend.
I think sellers will enter this time.
we can see a reversel sign at the level. so market will resverse.
our target is buyers zone.
but we missed the entry point.
you can see sellers are losing the power.
at left side big sellers are waiting.
minor trend is up trend and still there is a gap from the big sellers.
maybe wait a reversel sign to enter the trade.
1.strong sellers enter the market from level
2.major trend is downtrend.
3.engulfing candle must show up.(for sellers power)
new low and downtrend.. enough reason to short.
and next strong buyers far away
as it is~~~~u can see that, follow the major trend
not a good trade
btc small short
if you have taken my first btc trade. this one will be the next step..