Long MCO/BTC Good Risk to Word Ratio

٢٦ ديسمبر ٢٠١٧

MCO just broke out of the short-term downtrend after being listed on hitbtc. With the bitcoin rise, and the alts correction, it re-tested the break and is starting a reversal. I like the RSI nearing oversold, the 0.5 Fib test and reversal and the break from the downtrend. It is a good risk to reward trade. Place stops below recent lows (highlighted on chart).

Good Luck!

١ يناير ٢٠١٨

ملاحظة

Slow but still on track. Hang in there