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Keylevel

Consolidation Before Market Open Signals Strong Move ComingGot a strong bullish wick on the 4hr chart, so it looks like Bitcoin is still very bullish right now. So should at least look for it to make a new higher high once it passes the 62814.64. But it's still got to break the daily zone area of 61747.33 in order for that to happen. It's very possible that it will drop again, but let's cross our fingers for the BULL contamination. BULL TP: 68132.89 with new levels added as price continues to go up. BEAR TPS: • 59603.93 • 58363.38 (monthly area, may pivot for buys here) • 57231.56 • 55777.98 • 54364.49 • 52953.39
BITSTAMP:BTCUSD
by NikaJourney
XAUUSD at a key level!Based on the chart, for XAUUSD, price reached a major support area and a rejection is about to happening but it's not completed yet! So at this moment we can have to different scenarios that we are talking below: ---------------------------------------------------------------- 1. Price rejection from the support level is completed and the price moves up 2. The rejection of price will fail and the major support area will break. Then we've to be ready to sell at the pullback. ---------------------------------------------------------------- So what do we think about the price movement right now? Currently we have more bullish bias about the next movement of price. So let's check our reasons: *************************************************** 1. We are in bullish trend ( Bullish ) 2. Price reached to the bottom of a bullish channel ( Bullish ) 3. Price reached to a support area at the moment ( Bullish ) 4. RSI(14) is in oversold area ( Bullish ) 5. It has been a strong bearish movement which lead the price to the bottom of the channel ( Bearish ) *************************************************** So based on the following scenarios we can still have bullish bias otherwise the scenario changes. However consider that these are different scenarios and we do not have enough proofs for buy or sell right now (That's why we set this analysis as Neutral ) But let us see what do you think about the next movement? up or down and why? please bring your reasons and feel free. Your idea is always valuable to us! Good luck and thanks for supporting us!
FOREXCOM:XAUUSD
by Brian_Philips
EURGBP is in a key level!At the moment price reached a very important area for EURGBP and we have two different scenarios for this case: ---------------------------------------------------------- 1. Wait for rejection and buy for a bullish movement. 2. Keep looking on the chart and wait for the breakout. then sell at the pullback. ---------------------------------------------------------- So it can be a good trading opportunity that we can focus on it in the following days. We will update this post step by step and see what would be the best decision for this currency pairs. Please share your idea about it and bring your reasons. Buy or Sell and why? Thanks for being & supporting us. Good Luck!
by Brian_Philips
Waiting for retest and buying opportunity with XAUUSDH4 time frame. Structure: Uptrend. The downtrend and Key level 1785 have been broken. Here, there are 2 support levels to watch out for, 1785 and 1770. Wait for the price to retest and appear a bullish pattern, then you can enter buy orders at these support levels. The profit target is the 1832 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
OANDA:XAUUSDLong
by tradafx
Wait for a buying opportunity with AUDCADH4 time frame. Structure: Downtrend. After the price down to the support level of 0.91000, a double bottom pattern and divergence signal appeared. Wait for the price increase to break the Key level at 0.92000 and have a confirmation move, then you can find buying opportunities. The profit target is the 0.92700 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx