The whole fundamental situation is pulling down the BTC's price. After breaking out the triangle, the pair will make a fast and clear leg down I think. Brace yourself!
Still in the correction. Its looks like a simple ABC zigzag.
More fall in the cards, the correctional wave has been not completed yet.
Its easy to do your job now. Wait 'til the FOMC, grab the moment, open a long, take profit at 118, rest a bit. Trade smart!
The hungarian forint is one of the best influenced currency by the ukrainian conflict. I'm not suprised by this price action, brace yourself for more long entry. Bullish, than bearish.
The priceaction suggest that the european war is a good opportunity to long the usdjpy. The correction was been completed during the russian attack. Brace yourself, motive waves are coming.
Still in the "moneyburner" area 'til making the 4th wave, then finishing the cycle. I think only the FOMC will turn on the rally, so I'm not taking any positions before. Bullish, than bearish.
Bearish, than bullish. On the way to make the base of an impulse wave.
The price is out now from a relatively long triangle. First of all what we need is a confirmation by higher high and higher low price action, and 1.0161 can be a good exit point for any short time long entry. Bullish, than bearish
Triangles are the best handrails on the way to follow a trend. Bearish, then bullish, 117.00 in focus.
The price is in a true (how I call) moneyburner wave, based on the last correctional wave on lower degree. All in all, I suggest to not to take any positions in any directions before the FOMC. Yes, it takes a couple of weeks.
now short, 2RR potential, then bullish with 2.4550 TP
I got another good possibility on lower timeframe, classical fibonacci entry and target
corrective waves how I see, TP around 60K
Based on Biden's last night speech I suggest a classical fibo entry with 1802.65 (fibo 161.8) TP