We are going to short EURUSD based on:
1) EMA 200 that works like a resistance
2) The price is in a critical area that used to be
support and then resistance
3) Price action on lower timeframe (indecision candlesticks)
4)Correlation - DXY chart is gaining power, that mean USD is getting stronger,
as a result EURUSD is going down ! ! !
ENTRY: 1.1750
STOP LOSS:...
D1 - Price is moving inside multiple channels.
Currently the price is trading in a critical area where two of the channels coincides.
H4 - Two false breaks with bearish divergence.
Wait for the price to move lower and break below the low shown in the screenshot (marked in green line).
We may then look for pullbacks and sells with bearish...
Imminent approach to $8400-$8470 is coming for bitcoin.
After that, it will enter a critical area of huge proportions.
Basically it can go anywhere from there. Personally, I WILL stay as far away from that area as I can.
There are three major scenarios at play here:
S1) GREEN ELLIOT WAVE
It will reach 8470$ and bounce back up 'thus confirming the GREEN...
