What a nice weekend, bulls break out with good volume and stay strong!
If you're new to the game, check out my previous analysis..BTC Swingtade bulls defend 50k, see link below.
If you're not in a position yet, check out the 60k -60500 range.
My SL is below the breakout level. Btc should no longer be included!
If you're holding alts, be careful, if...
Binance Coin just broke out of this downtrend on the 4-hour and bounced off $27 support, going long to $31 & $35 as take profit levels.
BNB has already 1st touched the $35 level and that's around it's previous ATH of $40 so on this next leg-up it could head up to previous-ATH levels. Look what Bitcoin is doing right now that is very possible for BNB.
Cheers on the last USDCAD Analysis. It hit our Take Profit and now I got a new setup for you.
Price formed a new Supply Zone. If we will get a nice h4 candle close in the Supply Zone i expect the price to drop.
#1 target is the Support Level
#2 Target is the Demand Zone
Trade with Price Action Confirmation as always.
That was my Idea and I...
Good Day Mates . Here i have spotted a Short Opp. EURCAD has Broken Weekly trendline with a succesful retest and regection. Anticipating a leg down to complete the pattern... There seems to be impulsive behavior on EUR crosses,one may look on smaller tf for pattern Recognition to spot entrys. :)
My goal is simplicity on this one - Trend, Technical Analysis, Support Levels. Like many traders, I put too much faith in the institutional shorts in the futures trade this week and missed a perfect buying opportunity in the 13,500 area. So I'm getting back in gear here. We have reached higher highs on BTC today. In order to forecast what happens next, lets...