SurpriseTrade, the 800 Simple Moving Average

Trading Spot Forex, Equities and Futures using "Long Term Moving Averages" as Support and Resistance. The strategy consist of breakouts from the 800 or 200 simple moving average (sma) Bollinger Band. Will take into account the 800sma, 200 sma, the 50 sma and recent high/lows as support and resistance. Reversal patterns "double bottom" or "double top" near a Bollinger Band will trigger a trade.

Thursday, May 22, 2025

BTC/USD reached expected target

The Bitcoin/USD pair 
  • Bitcoin USD reached the expected target of approximately 108,000 (at present over 110,000).
  • Although at all time high, it at present in resistance area, technically, future behavior uncertain at this immediate moment. 

Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Info only, not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com and ForexGuy.org@gmail.com
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