bitcoin forcast

does it look good enough to go down side ?
- Yes , looks perfect
should i sell now ?
- not yet wait for confirmation , if you go agressive you should get ready to loose some
Should i buy ? we broke the resistance !?
- no , nooo no and no buying here is risky , wait for a flag to confirm more up move , if not stay away untill confirmation

ps: just a perspective , do not copy /// this is not a finanical advice

Comment:

update 14/12/2022

price is at 17880 , we have high chances to break the 18000$ but still no fomo
nothing is confirmed yet , we can just break and completely reverse ! traders could get stuck in that area ... for long time
i will be thinking of long position only if we clearly break 18200 $ ( stongly ) and we stay in that range correcting for enough period of time ( not 1 or 2 candles , lot more )

Comment:

update 16/12/2022

now just move stop loss to break even + few pips ... and relax :)
chilling time

Comment:

it's ranging between 16925 $ and 16550 $ , a correction for more downside
maybe we hit 16250 $ area tonight or tomorrow
no reversal yet as it is ... i dont recommend any long position
trade carfully , tomorrow might be very red

Trade closed manually:

Position closed 16300$ , the pull back was deep
So maybe it's a start for bigger correction or a spike to breat the top again for one last time and liquidate trades ... Manipulation time
Move your stops to positive or break even , if it stays correcting down your stop loss that's good , if it spikes we will go short again and take the same move downside

Comment:

looks like we still have a correction , same range since 19/20 decembre
market could be very volatile but no fomo , we wait for a good opporunity
nothing confirmed yet (buy/sell) just stand by

Comment:

carfull once we break 17061$ ... around area
we complet the regular flat to break the low again ( first target at least retesting 16250 , or even 15500$ )