Broken the trendline after a nice consolidation for one more down like I was expecting. Target is around 7000 - 8000.
Bitcoin almost finished its biggest correction until now but its still not over. There are two very possible ways price will develop over the next days. First option you can see Bitcoin price bounce of lower trendline and go up again to 14.000 $ and then break down below 8000$. Second option Bitcoin price will break down right now below 8000 $. It really doesn't...
Bitcoin broke the first the trendline so its time for a big move down to at least 4500 $. Then we will see if bitcoin will go back up or breaks complety down. Would be careful with buying bitcoin right now!
Hi traders, I would be very careful on bitcoin. Huge correction to the Resitance 5000 $ level and the 61,8 Fib is expected. When it breaks the first trendline it will definity go down one more time before we see Bitcoin to 10.000. So wait with the buys until the correction heppand and you can buy the last time cheap.
Pound has already complete the daily correction to the down side and is giving us a perfect setup for a short on the 4 h chart. Right Now it looks really possible that it could go one more up to complete the C wave in the flat correction but trading to the upside could become very dangerous because it can fall at any time. I think the best way to short this pair...
Gold broke the uptrend after it broke the top and that means we are coming down.
Hello traders, the structure AUSUSD is devoloping looks like a possible flat like it did before. So wait for it to break the top then look for sell setups.