BTC important move today on daily

13 avr. 2020

Dear Gamblers,

BTC have traded up for a while, and right now is testing the bullish line.

What can we expect? A close today below the trendline in blue (around 6780) could mean a reversal is likely to occur, heading 5900 target.

I am looking a formation of Hs's again. Which could mean that if the signal is validated, we could be heading downwards to 5900, and after have a pullback around 6780 again, but that i let it to the future.

STRATEGY:

Open short if today's candle close is below 6780.
Target 5900 which I will have already in place longs targeting the left shoulder high around 6700.
Stop @ 7600 which will invalidate future analysis of this Hs's formation.
Positioning as always 5%.

I really believe we are headed to a severe correction in all assets as the recession/depression is more than a reality.

Have a good one people and stay healthy,

Kind regards,
BeniGo

***I am not your financial advisor neither I intend to be, please do your own research before risking your money***

14 avr. 2020

Trade fermée manuellement

Dear Gamblers,

Yesterday's candle close was not quite as expected and the bullish line got respected. There's a lot of uncertainty that's why i closed this idea.

I see no reason to risk money when one of the main triggers got invalidated.

Same logic applies if today's close is below this line.

Regards,