I'm watching the Bottom of my weekly OB at 7600 closely, I think we will reach it soonish and hopefully hold it.... If we break it -> weekly structure change to bearish, that would be really bad...
7600 is the optimal buying zone! If it reacts positive I will start a swing long and we will see whether the OB EQ and OB Top will act as strong resitances or not...
If bitcoin closes its nxt 4h candle above this 4h OB, that would be a bullish scenario. 30 minutes left, long it or wait for the retest! if we dont close above (whole candle) I would wait for a potential short scenario.
We welcome all of our readers with this last day of the week analysis. Dax respected our zones perfectly yesterday. Today's price opens at yesterday's resistance zone and with a big ascending gap.
Resistance: 12 380
Support: 12 234
Statistics for today
Detailed statistics in the Statistical Application
The next trade is around the corner, you can have the best strategy but if your psychology is bad you are going to lose in every single trade. GBPAUD ready for a ride to 1.8500 monthly key level. Tomorrow we have fundamentals in GBP so be cautious and take good stop losses, remember that this pair is very savage some times and can kick you out of the market in...
Dumping my entire $100 leveraged portfolio on this scam. Hoping this thing falls to $0. But a realistic target is probably something like $50. But this is trading, greed is our friend. I think? So lets call this thing a scam and short it to $0. Please Arthur do not fail me.
Buildup led to proper break & double pressure (Similar setup to my oil trade). Bought the retest. I usually would put my stop under this whole h4 structure but here I'm testing if I am able to tighten my stop below a lower timeframe structure that initiated the break through resistance.
I think GBPUSD going to be bullish in the coming week and it can break the resistance and can reach the next one, Because in this timeframe it's simple following the bullish momentum and has bounced off the trendline third time.
BTC is consolidating for about 3 months. The range break will show us the next move toward bear or bull targets. Also if you are not a range trader it's better to wait for a range break.
Current range and other most important levels are defined on the chart.
4350 - 4550
6000 - 6150 (The god...