Monthly Candlestick Forming spinning top, Bullish momentum since January 2019, EMA's indicate uptrend.
Weekly TF we see strong Bearish momentum, although blue EMA and Major Support zone held last week and price has been consolidating for 9 weeks.
On Daily, we saw how price went down on Monday and found support at 97.00, broked it and continue down, pullback on...
This is only my opinion about Bitcoin . Please do your own research.
I will said not to much. i am a beginner and bitcoin is not my strongest trading coin. soooo...
We will see how this could form! Goodluck.
I've never seen such a pattern in the S4W Horizon indicator. It's really a very tight
crossing that is happening. I think it's an ignition point to something big to occur.
So based on my analysis, I won't be surprised to see an important bullish move.
But I think also there is a correction, unfortunately to occur at 3850 USD.
Right now the S4W Horizon indicator...
I've been lurking on this pair for a while, insane volatility !
Anyway, it seems that oscillators are starting to diverge.
It's a bit risky trade because fundamentals on GBP can switch really quick.
Manage your stops and risk, and be patient. We might see another small leg up before a strong and huge drop !
We have an easy continuation channel here, very low risk (as we are already on top border). EMA100 plays a resistance role too, we gonna use it as a stop loss.
Manage your risks.
ETA : End of next week.
Hey traders ,
Sometimes is better to go with the flow , the flow is the main trend for us ,
In this currency pair i see downtrend continuation to the Target A - the support on daily timeframe
and after math it comes the long term position which will be on the second target that i mention on my graph .
So any Q i will A in comments if you agree like and...
Now i see a big potential for sell this pair.
On the last my idea i post 1 not good trade.
here its :
1. New Lower Low.
2. Retest of 61.8% fib. level
3. Playing on resistance zone
4. Anyway we need to go down.
p.s. use S/L )
After a short uptrend, AUDUSD reversed with a bearish divergence.
This divergence is corrected now, but the pair gained a bearish momentum. I expect a stronger reversal. (Short time EMA are about to cross)
For this trade we will use the previous high as a stop (if broken, it will mean the uptrend continues).
SELL : Now
BUY : Blue zone (0.695 level)