[BTCUSD] May 13, 2020 - ALuoTradingJournal
***BTCUSD [Main Direction - Short]***
Resistance Level Entry: 9955 (Depend on the Candlestick signal)
SL (final point for changing in direction) : 11010 (Depend on the Candlestick signal)
TP Resistance level (Ideal TP): 7305
Comment:
Bitcoin is currently going on its triangle channelling, there is a possible opportunity to short Bitcoin if it once again reach 9955 resistance level. This will depend if the strength of the price momentum at that time continues to go up or not. We can discuss further when it actually gets there in our WeChat Group.
(Note: The forecast above is an estimation of the resistance and support level for the Entry, TP, and SL. For more precise positions, will depend on the shape formed with the candlestick at the time.)
Roger V WeChat: lokiho512
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
Resistance Level Entry: 9955 (Depend on the Candlestick signal)
SL (final point for changing in direction) : 11010 (Depend on the Candlestick signal)
TP Resistance level (Ideal TP): 7305
Comment:
Bitcoin is currently going on its triangle channelling, there is a possible opportunity to short Bitcoin if it once again reach 9955 resistance level. This will depend if the strength of the price momentum at that time continues to go up or not. We can discuss further when it actually gets there in our WeChat Group.
(Note: The forecast above is an estimation of the resistance and support level for the Entry, TP, and SL. For more precise positions, will depend on the shape formed with the candlestick at the time.)
Roger V WeChat: lokiho512
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
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