Next Move Of B.T.C
Instrument: [BTCUSD]
Time Frame: H4 Chart
Observations:
1. A Strong coach was identified after several BOSes
2. That Coach changed the direction of trend from up side to down.
3. Trend has given respect to POI one times before. Means it is working as a strong Resistance Zone for the trend
4. Big Fair Value gap was observed after the change of trend
5. Fast moving average is below the slow moving Average Line indicating downward trend
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:4)
O.B and Poi will be our S.L to overcome the risk of liquidity sweep
Previous L.L will be our Take Profit but we have Broken Take Profits in parts that are mentioned their on chart
Time Frame: H4 Chart
Observations:
1. A Strong coach was identified after several BOSes
2. That Coach changed the direction of trend from up side to down.
3. Trend has given respect to POI one times before. Means it is working as a strong Resistance Zone for the trend
4. Big Fair Value gap was observed after the change of trend
5. Fast moving average is below the slow moving Average Line indicating downward trend
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:4)
O.B and Poi will be our S.L to overcome the risk of liquidity sweep
Previous L.L will be our Take Profit but we have Broken Take Profits in parts that are mentioned their on chart
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