Buy low Sell High - If you follow this golden rule each and every time, then your risk reward ratio will be excellent and you need only a few trades to make the returns you desired.
BTCUSD has now presented such an opportunity to sell High. It has already broken down from the bullish trend line. We can see multiple attempts to break out higher around the 10000 price level but it failed.
Now, we await the next bearish signals to ride it down towards the 8000 price level. It can rebound back into the triangle before coming down again. So ensure your SL is adequate to cushion this volatility.
BTCUSD has now presented such an opportunity to sell High. It has already broken down from the bullish trend line. We can see multiple attempts to break out higher around the 10000 price level but it failed.
Now, we await the next bearish signals to ride it down towards the 8000 price level. It can rebound back into the triangle before coming down again. So ensure your SL is adequate to cushion this volatility.
הערה:
something is brewing.........
הערה:
yawn....
הערה:
yawn yawn
הערה:
congrats to those who go for long on this BTCUSD, we were wrong in our analysis