Bitcoin forming a Shoulder Head Shoulder Inverted in H4 timeframe and I look that there're a nice opportunity to long Bitcoin toward $25,200 USD.
I entry to long from $23,231 USD, Stop Loss to $22,590 USD and take profit to $25,200 USD. We have a risk/benefit 1:3
I hope that this analysis support you and trade Bitcoin very well!!
AUDUSD reached a solid horizontal support last week.
The market bounced nicely from that and managed to break and close above a resistance line of a falling wedge pattern on 4H.
I believe that the pair will keep growing at least to 0.7034.
For entries, consider an occasional retest!
❤️If you have any questions, please, ask me in the comment section.
Hi, welcome to Monday's update. Today's focus is on AVAXUSD after last weekend's solid two days of buying that broke above resistance
Are we seeing a new higher extension on AVAXUSD? That is the question we're asking in today's video update. Weekend trade has set up the first sign with a break above 25.30 resistance. What we would like to see now is for the move...
Hey Guys, just an trade idea, here is the AUD/GBP on the daily you can see three major rejection candles coming away from Strong coiling resistance. I've also added the hourly chart the show the trend line I am watching doesn't mean I'm going to sell if broken but would like for it to hold.
I'm using Citi mini warrants so this 2.5% target should net 25% gain.
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern
Key Takeaway: Need to see a break of support and trend line
Level needed: need a close by 1.31350
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
We have no signal to change the trend and form a downward trend!
It seems that the possibility of continuing the upward trend similar to the drawn scenario is not out of mind! Keep in mind that the condition for the continuation of the upward trend is to maintain the price range of $0.3189!!!
If the upward trend continues to the white range ($0.402), the...
If we look at the chart very simply, due to the break of the triangle pattern, the possibility of an upward trend up to the specified range is not out of mind.
On the other hand, the range that is specified as a target is an important range and in this area, the probability of price reaction and trend change is high.
We would be happy to hear your comments
Last week, Gold visited the lows of 2021. There are a few levels that Gold has not retested due to the strong bearish momentum. We may see Gold revisiting the highs charted previously. Of course, we will have to be closely monitored this with moderate risk on the table since this forecast is against the overall momentum.
Hi(: Have a profitable day
Do you think there will be an uptrend or a downtrend!?!?
We must not forget that we have an event in Toronto on July 6, but on the other hand, the Ingulf area should not be ignored!
In such a situation, the best thing to do is to wait. If the price movement is higher than the price range of $7, there is a possibility that the price...