Buy within $7125.32-7091.17 | 04 September 2018

Technical observation

BTC is currently trading around the supportive zone $7125.32-7091.17,BTC corrected to this zone then rose significantly to $7647.14 but could not reach it and is currently pulling back to $7125.32-7091.17,chances of BTC rising even higher while above this zone are very high. I expect a rejection of BTC within the zone followed by possible momentum to the upper side towards 47647.17 followed by a breach above it for a further rise.Im looking to buy BTC within the zone with my take profit at $7647.17 and my stop loss slightly below $7091.17.Continue long after a breakout above $7647.17 and a correction to it.

Trade signal

Buy BTC within $7125.32-7091.17

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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.