Monthly chart provides everything to see for me. Quick fib wave based analysis of mine made me think that BTC price will surely see 20k area, and possibly 19.800 too which is 0.786 fib level according to my calculations. So I expect liquidity sweep down to at least 22k area but I am not sure how deep it can go. I think it can bounce back from 20k or 22k but need...
This GBPNZD is in strong short trend momentum... what we try as retail trader is to catch up the move and fly with them big banks who are price money holders. don't long wait for short and fly with their move.
THE MARKET PROVIDE 9 REASON TO TAKE A LONG OPPORTUNITY...
TECHNICAL ANALYSIS...
1.Price nearly 0.72 psychology level...
2.dynamic support EMA 50...
3.trend line support an upward move..
4.Wave 5 complete now we having intermediate wave c to complete ABC pattern...
5.Retest the neckline formation of m or w inducement and its retrace...
6.break out structure...
TECHNCICAL ANALYSIS FIRST;
now we wait for A>B>C PATTERN to complete
wave 4 n 5 are need another clues to show future price move we might have.
PSYCHOLOGY LEVELS N DEMAND AND SUPPLY TO CHECK:
Price from 1.25 having upward push due to our last demand APPROVED by BULLISH PIN BAR in last zone of 1.25...
HUGE momentum shown by 4h candle releif as to buy the price......
Hello Traders hope everyone are fine.
We see WTI prices in sideways movement (range $63.050 - $63.600) after oil prices hit a 13-month high on tighter supplies. The FED's assurance on ultra low rates, and the overall weakening USD also supports commodity prices . Oil prices see/saw additional support from the very rare winter storm in Texas which has caused the...
