to see btc drop hugely after testing the dz at the top since its forming a rising wedge channel state.. we might see it tank to the down side soon.. also news will also do some of the tanking automatically
since we have a rising wedge and its already shown rejection at demand zone and the set of a bullish weekly candle.. we shud expect it rise to the 25k and more
the usdchf is due to make a reverse here at rock bottom already formed qm just expect price to start reversing and it would find the fresh supply zone. its at a good demand zone for buy...
We might see more buying pressure to the buy side at the nearest supply area before rejection to enter for sell. Also the supply area is at fibo 1.610 which is a strong reason to wait for sell after buy. so guys u can buy now at the nearest demand area for gbpusd.
clearly on the chart it is currently testing a resistance and forming a head and shoulder or qm pattern so the left shoulder would be a great zone to short gu
