⭐️Key Takeaways⭐️
✔️ BTCUSD struggles to hold above the 12000 handle.
✔️ DXY showing signs of bearish momentum stalling out
⭐️Technical Analysis⭐️
Risk to Reward more favorable to lock-in long positions and wait for a decent pullback at least to the 11000 zone. Another option considering the lack of the bullish momentum below the 12000, might be to consider short selling this pair.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
✔️ BTCUSD struggles to hold above the 12000 handle.
✔️ DXY showing signs of bearish momentum stalling out
⭐️Technical Analysis⭐️
Risk to Reward more favorable to lock-in long positions and wait for a decent pullback at least to the 11000 zone. Another option considering the lack of the bullish momentum below the 12000, might be to consider short selling this pair.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
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