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BTCUSD Forecast: Shorts Favored
Update: Trade is active
This is a hypothetical trade.
However, Technically, a trend following trade looks imminent.
Having that said, odds favor a short position.
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This is a hypothetical trade.
However, Technically, a trend following trade looks imminent.
- The overall trend remains bearish
- The retraced towards the main falling trend line
- and 50 percent of the latest bearish wave
- Another key horizontal high is at 310.00.
- RSI near overbought
Having that said, odds favor a short position.
thefxchannel.com/ , vote and subscribe
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