Today we have a volume breakout on the PYRBTC chart as prices move above EMA50.
This pair has more to give based on this and other signals coming out of this chart...
Remember to plan though as things can look beautiful today and tomorrow it can look gross...
But do not despair if something like the above happens to your favorite pair.
The market moves in waves and even as prices grow, we will see corrections that last from a few weeks to a few days.
We can tell when and where prices will stop on the way up; For this we need to use EW, Fibs. and timing... It is not an easy to task but it can be done.
Instead, we focus on the reversal and buy near support... As soon as we are in the green, the rest is just to secure profits and move to the next pair with good potential growth.
Does it all rhyme?
I don't know... I am not even trying, it comes out of its own.
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