So recent broke a weekly support level, waiting for a retest on daily and some price action, once we see that we are a go to enter in for sells. Good luck guys let’s get this bread
Wow, EJ has been at a major weekly resistance. All Logic being used, if a support now becomes a resistance what does that mean? Trying to maintain a downtrend right? Well it broke a weekly support making a resistance, currently at a retest point, might push up a couple pips or consolidate before a nice drop down. It is also in a daily downtrend touched my...
In USDCHF we are at a major weekly key level, it cureently broke up and is retesting, on the 4h we see nice bullish price action, and we know what happens after a break and retest right? ;) The break was the impulse move for this pair which means it had a 61.8 weekly retrace, which means buys are being entered in! So get your horses ready, we are moving up into...
Feel free to scalp and enter in for a short trade. But my overall look is still bullish. At least to 9k-9.8 before june. Bitcoin is like any currency where it repeats itself. Its simple, yeah its more volatile but Bitcoin or overall always gonna be alive. Institutions don't invest into bitcoin because they know about the BIG BOYS and are afraid to lose their...
Currently showed a break of structure on the 4H, also hopefully forming a Bullish Engulfing Candlestick Pattern to confirm our buy entry. Isnt a signal. Just an an idea of where it might be heading withing the next day or two. Currently in a daily area of consolidation.
Looking for UJ to touch trendline on the 4H which would be testing 38.2 fib and than bounce to next resistance which is also the 168 fib. Good risk reward, not entering til the touch and price action on the 38.2 fib. Not trading advice just my point of view on market. Like and share your ideas as well and let me know if you agree or disagree and why.
