Fx-Nature

BTCUSD - How to play?

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BITSTAMP:BTCUSD   Bitcoin
Scenario 1(in play):

As mentioned in previous analysis BTCUSD may draw potential ABC correction (5-3-5). We are about to continue this patten. Look for another flag on lower time frame (1H) just below broken bigger flag (4H) around 1st,2nd january of 2018.

Scenario 2(bullish):

Buy the breakout of the downtrend trendline

I will adjust Targets as we see what trade we will get.

Trade responsibly.
Komen:
First harmonic patterns appear:

Komen:
We are having triangle breakout, so look for a buy on the broken trendline retest around 14200$. Short term targets marked on chart with potential harmonic structure:


Trade responsibly.

Penafian

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