BTCUSD has just broken & closed over a strong Daily Resistance zone. That was one of my key zones to watch out for. Predicting bullish movements if bitcoin fails to retrace or reject new price. I'm currently waiting for a confirmation to place order. What are your thoughts on Bitcoin? Post your Analysis Below..
Friends, in this operation we will look for 411 pips. and we're going to risk 58 pips.
It is a good long-term trade so prepare your sales in this asset !!
I wish everyone success in their trade, and if you want to contact me to support you in more ideas you can do it by dm.
I am keeping a close watch on the 1.82550 level on Euraud if i isn’t able to break beyond that level we will see a nice push to the downside I am keeping a close watch on this pair which can give a good Risk to reward position for a short 1.75550 will be a good area to eye for take profits. Let’s sit on the sidelines and watch this pair close this week
The price is in the key zone near the strong mirror level of 147.500 which previously acted as both a resistance and as a support (the areas are marked on the graph) And also next to the lower boundary of the rising channel.
Options for the development of the situation:
1.The price will bounce off this zone that will be a signal for the purchase and continuation...
This could be another scenario on the EURUSD. Weekly chart shows downside potential. Furthermore the price build a rising wedge and reaches a resistance zone on the D1 timeframe. Could be a good short opportunity, if price breaks out of the rising wedge.