BTC has broken the horizontal supply zone which is 10,500ish and right after it goes up to 10,700ish. There is still more upside room. Because of the major neckline + supply zone is on the 11,300ish. 1. Bull flag pattern If the price construct like this pattern, we can enter the long position. then, easliy expect it would goes up to 11,300ish which is major...
DXY's one and half year's bull trend is now almost exhaust their power to push up. In this zone is to important to trade DXY. DXY is in the ascending(uptrend) channels. I think there is little institutional trader put their position in this bull trend like chase the price. so if this channel will break, I think DXY will drop sharply. Also, AUDUSD / GBPUSD /...
EURO made a nice confirmation of double bottom. DXY is almost top and bear trendline is already broken. The only way of EURUSD is bull and on coming weeks or months, there is a consolidation needed. And will price go up at least 1.15 levels.
Based on techical analysis, It is good V-shape reversal pattern. This will lead to nice retest of black horizontal level, and at that level we need to watch price actions again.
No Institutional trader will give the expected position. Previous zone will be best selling zone which is considered many people wait for that room. But In this case, a bit of drop will occur but that will be recovered by whales and price will push up to previous high. Following that move, I think price will breaks up previous high and makes absolutely nice...
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USDJPY is in the strong bullish trend and it is possible to upward at 116.
It is in the nice R/R zone to open a trade.
OIL is good to open a short position at 74.00 level, which means minor trend reversal zone.
I think EURUSD will make trend reversal, also it is very good risk-reward ratio zone.
It is in the very nice R/R ratio zone.
SPX 0.04% looks like to drop at least 2850. stop loss above previous high
NZDUSD almost reach potential trend reversal zone. So, if the price wouldnt make a lower low, then we can buy. It will be good chance to long at green box zone. that is potential trend reversal level.
AUDUSD touch the demand zone. It is anticipated to make a double bottom pattern, so it will strongly support at yellow box zone.
If the price touch that yellow box zone, then we can sell
GBPUSD will drop once more, but instantly face demand zone. So it will be good chance to open a long at yellow box zone.