I am very happy to say that in this past one year I have shared many ideas and hopefully they brought you more trading logic and trading concepts. and I am going to continue to do this in the next coming 2018.
my last idea of BTCUSD is not to chase the high and now the price drop dramatically and I think I have made a very good alert to all the investors.
Now in daily chart I finally saw a good pattern for buying which is this AB=CD move. D point is at 8029 and the 1.272-1.414 ext is also in the same zone. So let's wait for price to come into this zone and check for price action by then and ready to buy some Bitcoin.
Every trading action should comes with a detailed trading plan, otherwise you are simply gambling or trying your luck. Remember: Always use a small risk amount in exchange of at least a 2 to 1 or 3 to 1 reward/risk ratio. and that is the key to success. Don't focus too much on winning ratio because no trade is guaranteed to be 100% safe. Good luck to all of you guys May All the traders in tradingview can enhance their lifes through professional trading.
Best Regards
Yours sincerely : Jack Zhang Dec 31st, 2017
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we can see the small ab= cd form's BIG C point.
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it follows the AB=CD well
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perfect retest and going down
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Very nice fall , if you shorted Bitcoin, you can consider to take profit
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now we can watch for price action see whether there is any bullish pattern.
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This is a good sign for buyer
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Daily Candle make new low makes the trend still bearish
Jack, you are one of the greatest ever, like Alan Iverson ore Kobe Bryant in Basket!
No doubt and thanks for the lessons.
Im still learning! Have a good day.
Polite greetings, Guy!
tntsunrise
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@Guydo, i am not that great. just trade what you see. keep learning and practicing
Pulsar19
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So @tntsunrise you think, it will up and the correction is finished ?
TomPower
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@Pulsar19, close enough for government work looks like the patterns finished
No doubt and thanks for the lessons.
Im still learning! Have a good day.
Polite greetings, Guy!