BTC, Kijunsan bounce on the 4h. Set to retest 5000

5 thg 10, 2017

We had a nice little short for the last few days on the 1-hour chart. I hope everyone took advantage of it and are now setting up for a strong bull run to test the 5000 mark again.

The chart above is the 4h supporting a Long position with a close Kijunsan bounce. The Daily chart boasts a (-TK-) cross adding to the long position. Unless we have breaking news it's all Long from here.

*******I'm not considering the 4500-4700 a resistance anymore since we had this last 4150 test. We have exhausted the resistance and reset momentum between here and 5000.********


Trade on.
~Ji

This is not advice.
I don't need to be right or wrong.
I don't care if the market goes up or down.
Make your Own analysis and trade off of that.
If you have positive, constructive criticism and wish to share Please do.
Agreeing or Disagreeing is not personal and is welcomed in a positive way.
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Happy trading everyone!!