Hello World , we are looking for EURUSD shorts into 1.1100 area this week as a target downside.
Will watch how Monday to tuesday will pan out to grab that high of the week
NFP week have a safe week fellas:)
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Hi, dear subscribers!
After a sudden price drop 3 days ago from levels $10,100-$10,200 to $9,280, buyers did not let sellers lower the price. Now the price is in correction movement at $9,700. We analyzed the rapid drop in the previous review:
We can talk about...
Hello, our dear subscribers!
Bitcoin price for the last 24 hours has risen from $9,500 to $10,380, which is a continuation of the growth from $8,700. In the previous reviews we marked the resistance zones on the chart: 1st - $9,800-$10,000, 2nd - $10,400-$10,600. The bulls broke through the 1st zone and bounced back from the 2nd one and stopped at the level of...
In the past days since the last review, where we have been looking at the bitcoin market on the daily chart,
neither buyers nor sellers have decided on their plans. The price went down from the uptrend channel, which had been in place since March 18th, dropped to...
75.5 ZONE HELD
DESCENDING TRENDLINE BROKEN
MOVING AVERAGES CROSSED
WAITING FOR A RETEST OF THE BROKEN TRENDLINE ACCORING WITH FIB RETRACEMENT LEVELS
WATCHING CLOSELY FOR PRICE ACTION
NOTE: (MARKET IS REACTIVE AND NOTE PREDICTIVE)
(LIKE AND COMMENT BELOW TO SHARE IDEAS TO SUPPORT )
From a daily perspective we can see price has been in a bullish market.
REMEMBER: MARKET IS REACTIVE AND NOT PREDICTIVE.
On the four hour chart if price can push through the resistance zone we can initiate a long position to the level of 118.559 zone.
In the last review we considered the potential of an uptrend formed on the 4-hour chart.
The support area was marked at $9,300. The price dropped to this level, after which the bulls continued to attack and Bitcoin touched the price $9,950.
The current price of...
On the 4-hour chart, we see an uptrend that started yesterday with $9,000. At the moment there are no reversal signals, we touched the resistance zone from above - $9,800 - $10,100. The local resistance zone below is the price - $9,300. Our yesterday's review of the daily bitcoin market indicated the possibility of forming an upward trend, with a consolidation at...
You see how clean this is? we have a price zone, and one trend line, thats it, trade the bounces off support & Resistance, always mark up a major lower and major high, and you're good to go. Don't over complicate your trades.
Today's situation in the bitcoin market tells us that the bullish move has weakened and the price has entered the wide flat - $6,900 - $7,200 between the nearest support and resistance zones. Only after exiting it up or down we can talk about the continuation of the uptrend, or about the formation of downtrend.
In the above range, we do not recommend forming a...
Potential GARTLEY spotted in EURGBP 4-hour chart
TP1: 0.8431 (86 pips)
TP2: 0.8494 (149 pips)
SL: 0.8242 (-64pips)
To open trade at D point (aggressive) : 0.8306
Expected price to touch D point by 4 Mar 2020, 6pm SGT).
Pattern deemed invalid after 13 Apr, 9pm SGT