bitcoin lost the rising Trend. after pullback it could hit the 6000 and if didn't hold that level then the target is 3000 and 2000 dollars
i think big boys have tested Blockchain system and after the death of BTC we will face cryptos of Big companies and banks as well and very soon.
not an ideal SHS pattern but it's complete somehow and could lead to a great short option.
if the last trend line is broken we can short or wait for pullback ( if any ) to short.
i don't give triggers so any one earn it by his own.
USDCAD pair is running on correction wave.
comparing to previous bearish trend this correction wave has less power from time point of view.
we're looking forward mostly break from down to continue the C wave of Big correction.
previous idea failed and the pair rose to the top.
at this price R/R is too risky for such price and go long! better to watch this pair and how it reacts to resistances. could give a great short as before...:)
On weekly trade no powerful support is seen untill 74.200 - 74.300. according to breaking the triangle we could go Short to reach that level ( powerful support ).
Macd shows +RD so we can watch how market reacts to support level and after breaking the downtrend line we could Go LONG with TPs...
A possible Gartley pattern! after breaking the channel two red line targets are reachable and could be seen.
if Gartley got completed and we had RD there could be a great target in Long!but for now we can short with targets told above.