In this video blog, we take a look at trading opportunities in Cryptocurrencies such as Bitcoin (BTCUSD) and Ethereum (ETHUSD) through the incomplete bearish sequence in USDPLN. USDPLN has an incomplete bearish sequence from the September 2022 peak against the October 2022 high. Pair has already broken below July 14, 2023 low which creates the bearish sequence and supports the idea that bounces should now fail in 3, 7, or 11 swings for extension lower. We use this bearish sequence to spot trading opportunities in instruments like BTCUSD and ETHUSD.
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