BTCUSD Downtrend???

After reaching a new high, BTCUSD faced rejections with each upward attempt, resulting in the formation of a downtrend. This downtrend is expected to persist unless the trendline is broken. Currently, BTCUSD is experiencing another rejection, and if this rejection is confirmed at the top of the trendline, it indicates a bearish outlook.

-TP and SL are marked.
-Risk only 1% per trade.
-Once the trade is 1000 in profit move SL to Breakeven

Transaction en cours

Over 600 pips in profit

Transaction en cours

2200 pips in profit.SL to breakeven

Transaction en cours

3000 pips in profit. Secure and let it run

Transaction en cours

BTC is likely heading to 54000 and even 51000 is possible

Transaction en cours

TP2 54000 hit

Trade fermée: cible de profit atteinte

16500 pips

Final target 50000 Done

Transaction en cours

If a support of 50,000 is broken on the next attempt, we will likely see 42,000 and 26,000.

PotentFX

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PotentFX