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Despite the weakness shown by the euro after the news of the imminent rate hike, it seems that with respect to AUDUSD it is picking up more and more strength. We see support in the bullish line that will probably go to collect liquidity in the supply zone
euraud is having one of the most aggressive declines I have seen in my professional trading career, currently showing oversold levels of 4.5 on H4 without a single bounce, which is amazing.
In my opinion they are forcing selling for a big move to the upside. At this 61.8 fibonacci zone it should stop.
What do you think?
I hope I can help someone.
After a clear break of the head-shoulder pattern accompanied by a double top at the upper trend line and after breaking the wedge.
Bitcoin, crashes hard to likely 30k support.
There we will have to see how it reacts, but it will probably return in pullback to test the main trend line.
There is a high probability of falsely breaking...
After making all-time highs and the impact it has obtained, it is quite likely that the large ones will take advantage of that to buy cheap, while the small fish bought expensive
Leave me your comment to know your opinion!