? Bitcoin and S&P 500 Technical Analysis 17-22 Oct ’18 ?

2 min read

Bitcoin (BTC/USD) and S&P 500 are both at interesting spot. BTC/USD could be building a bullish breakout but the massive wick on the daily chart could indicate a fakeout (false breakout). S&P 500 and other stock indices are showing strong bearish candlesticks but a reversal does not seem likely yet and price is probably building a retracement. Check out our premium offer when trading with XM via ECS.

Check out the video for the full analysis and trade plans on 17-22 October 2018:

  • EUR/USD, GBP/USD technical analysis
  • Review of patterns, trends, key S&R levels
  • Explanation of potential trade ideas both up and down
  • Beginner friendly, explaining concepts in more detail

See the video below for all of the details

Good trading,
Chris Svorcik
Elite CurrenSea

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Carol Capner
Carol Capner

Chris, do you have to use AvaTrade for your System to work, or would another one such as Trade View, that has lower margin requirements be okay? (This is not Trading View). Unless of course Ava Trade has managed to reduce their Margins.
Please let me know.