Market Overview: Good morning. Hello everyone. Warmest welcome to today's trading journal update. How are you doing today? How was your first day trading this week? I am out of trading because I have no capital available for trading. Invest Social is suffering with payment. I believe that Invest Social and Instaforex will bounce back strongly soon. However, the USD index continues to decline. Yesterday it went to test the 111.50 level. Gold reached the 1700 level milestone again. Silver climbed upwards to test the 20.80 level as the USD index moved down. Crude oil jumped to test the 84.0 level from the 81.0 level. My trades in Bitcoin are now running with a good profit. I was successful with Bitcoin analysis. Robert Kiyosaki predicted that the US dollar could crush within January, and he advised to buy Bitcoin. It's not a perfect time to buy Bitcoin.
Scheduled news for trading: Today is an important trading day for fundamental news analyzers. There is some high and medium-impact news available for the USD index, EUR, and AUD currencies. The market will become volatile during those high and medium-impact news hours. Check the enclosed schedule information for trading and prepare your trading plan accordingly.
Update of my running trades in Bitcoin: Bitcoin looks bearish right now. It's testing the 19,600 level of resistance. It could test the 20,000 level hardly. I believe that Bitcoin can't break this 20,000-level of resistance with this weave. Bitcoin will collapse soon towards the 18,000 level. Wait for the potential selling opportunities in Bitcoin. Follow the below trading strategies in Bitcoin: Entry point: 19,700 level Take profit: 18,000 level Stop loss: 20,500 level.
What do you think about those long-lasting running trades in Bitcoin? Do you believe Bitcoin will collapse towards the 16,000 level today? Please share your valuable and informative research with us. I wish you all the best in your trading. Happy trading.
