Premium & Expert Swing Trades
Bitcoin has reacted inline with the probabilities associated with the 13K fake out zone which has lead price as low as 11,169. Meanwhile our recent swing trade long reached both targets BEFORE the dramatic retrace. How did we know? No, it’s not a hunch that we had, and it’s not from obsessing over 3 hour charts either. Our targets were based on the premise that Bitcoin is in a corrective consolidation, a condition that we anticipated off of the 14K peak.
Our GBP/USD long swing trade also triggered which has been trying to work its way higher. This trade premise began with the potential offered by the broader price location. If there is one word to summarize the factors that come together to produce these trade ideas it is: organization.