Hi all !
1) [NLG/EUR]
Price fakeout the support line (orange), and bounce on a strong reversal H4 candle of +1.000.000€ !
It went directly for the previous support (pink).
If you went in before 20 cents, perfect. Otherwise price is (most probably) going to make a short pullback (orange line again ?). Count about half of the H4 green candle.
This is what's call a second entry, price can overshoot latest low or undershoot it, either why you want to be in as the R:R is very large (it should go above 55 cents) and probability are highly in your favour !
2) [NLG/BTC]
Earlier today on Telegram I posted this:
So in short:
- blue line is unsustainable and will be breach (it has already in the meanwhile)
- pink line too and offer the same "second entry" as explain above
- target is at least 5500 sat
- it could go to the green line or a bit lower but not much more
Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.
Much love
Cédric
Tatch Capital Limited
[TCN]: Tatch Convertible Note (aka TatchCoin)
https://tatchcapital.com/token.html
[EUR/TCN]
https://wallet.tatchcapital.com/market/TATCHCOIN_EUR
GuldenTrader
GuldenBites
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".