fxwithfreddi

fxwithfreddi

Weve recently had a retracement, however weve just bounced off a critical support. Now aiming for the next resistance at aroun 1.73350.

fxwithfreddi

We just broke a ciritical resistance, but we still have 2 resistances next.

fxwithfreddi

We have a very strong resistance that has formed around the 48k Region - there is demand for BTC at 44-50k. We are still in a bullish trend, pullbacks are normal and healthy. What do you think?

fxwithfreddi Updated 

its all in the chart, might see a bit of an retracement to the support area first. It broke the strong resistance and should be using it as a support from now on. Smaller timeframes are already trending upwards, breakout looks similar to the one on the 21st on the same price level.

fxwithfreddi

We should see some retracement first back down to the bottom of our trend channel, however a move upwards straight away cannot be ruled out. New price target is 1.41

fxwithfreddi

Falling wedge on the 15min EURGBP, lines up with the Fibo retracement. Keeping the charts simple. Let me know what you think! (ATR was accidentally included, not of any importance)