Stargazer_fx

BTCUSD, Bearish Price Action, sell opportunity after pullback...

BITSTAMP:BTCUSD   Bitcoin
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BTCUSD
The price made a strong move to the downside the price is currently in a pullback,after a pullback If price shows rejection from the level sell opportunity may occur in the market,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity...



Alternate scenario:

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.