Subject: Lord MEDZ Trading Update - A Closer Look at BTC
Dear Traders,
Season's greetings! As Christmas approaches and festivities are in full swing, it's time to gather around for a quick trading update from Lord MEDZ. I trust your trading endeavors have been as prosperous as the holiday spirit.
Now, let's shift our focus to the heart of the matter: BTC. My analysis indicates that the current price action suggests a potential distribution phase. If my assessment is correct, we might be looking at a forthcoming 7% pullback. Brace yourselves; it's time to delve into the technical details.
BTC Analysis:
Current Price: The current price hovers around 43797.
Distribution Phase: price movement suggest that BTC is in a distribution phase.
Projected Pullback: There's a potential 7% pullback on the horizon.
Support Levels: Anticipate a test of the 43959 support level.
Expected move: in the pullback, we might witness a drop to the 49270 level.
Important Reminders:
Not Financial Advice: Please note that this update is not financial advice. Make informed decisions based on your analysis and risk tolerance.
Risk in Trading: Trading involves risks, and markets can be unpredictable. Always be cautious with your investments.
Demo Account Recommendation: If you're new to trading or uncertain about your strategies, consider using a demo account before committing your hard-earned money.
As we navigate the intricacies of the market, remember that Lord MEDZ is here to guide you, but the final decision rests with you. Wishing you a joyful holiday season and successful trading endeavors.
Best regards,
Lord MEDZ
Trade closed manually:
CLOSING THIS TRADE. PRICE WICKED DOWN TO GAP LIQUIDITY AT 42992 AND PULLBACK WITHIN RANGE. SO FAILED TO BREAK STRUCTURE.
Comment:
LOOK LIKE CLOSED TOO EARLY
Trade closed: target reached:
40270 HIT
Lord MEDZ
. correction