We have a nice bearish setup here at EURGBP.
This pair perform symetrical channel down with 179 pips target.
We can take short at resistance around 0.9164 and aim for support channel down at 0.8985
Leave your comment if you have same view.
In this analysis, I found 2 bearish pattern at YFI
1. Head and shoulders perform with neckline at 21819. If this neckline break down, bearish target at 4295
2. ABCD Fibonacci pattern also perform with right shoulders as C point. This pattern projection at fibonacci 1.618 at 11563
Tell me your opinion
right now bitcoin still in bullish trend with expanding channel.
But to continue bullish movement, BTC need to break small resistance first, and if this resistance break up, bullish target at 13256.
Bearish will happen only if expanding channel support break down.
Leave comment, if you have any other opinion
After break down 1st support level, EURJPY perform channel down.
We can wait at channel down resistance to take short, and aim for 120.28 as target.
Stoploss idea above fibonacci 618 at 124.97 to 125.60
As we can see, SPX perform a big expanding channel,..
inside this channel we can see 3 channel up perform
1st channel up reach expanding channel resistance at september 21'2018
and this channel break down with strong 20% bearish
2nd channel up reach expanding channel resistance again at February 20'2020
And this channel break down with 35% selloff
GBPJPY Still inside channel up and almost touchsupport level.
We have buy area around 140.51 to 139.98, with target at 142.69 and maximm target at 145.60
Good Luck ^_^
Trading plan :
Buy : 140.51 to 139.98
Stoploss : 139.29
Target 1 : 142.69
Target 2 : 145.60
EURUSD weekly analysis
Eurusd almost reach support line at 1.1778
this point will be a good buying position with target at 1.2069
and maximum target at 1.2450
Trading plan :
Pending buy : 1.1778
Stoploss : use your money management system
take profit 1 : 1.2069 (291 pips)
take profit 2 : 1.2450 (672 pips) long term projection
Good luck ^-^
We can see ethereum down for more than 36% from februari 14th,
today we reach fibonacci 618 support.
We can tane long position and aim for 1.618 resistance at 355 with 93% profit projection.
if this support break down, next support at 158
GBPJPY found support around 133.91, this is a good bullish sign.
trading plan 1 :
buy range 136.13 - 137.72
take profit : 142.21
Trading plan 2 :
We can buy after 137.73 break up and aim for 441 pips target at 142.21
Trading plan 3 :
we can wait at 133.91 and aim for 142.21 with 830 pips target
Use your money management system for stoploss