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15min

BTC/USD OUTLOOK GRIM? LOWER MTFA ENGLISHNOVICE SPECULATION: Well, BTC is migrating to the lower end of 8! Where will we go! On this chart, you can see multiple opportunities for high volume trading, or entries for a long term short. As this month closes, we may see a retrace to 9, but my personal opinion is we are going to continue to drop to 8.3 to <7. As always, it is hard to analyze where we go since, generally speaking, we are always combatting whales and exchanges *one in the same usually* so watch out for the weekly and daily time frames. LOGIC BEHIND SHORT: -Paper trading, so I feel no pain or regret, thus can safely make speculative paper trades on such a chart. -Bitcoin formed a double top on the 4H -Normal bouncing around, as usual. -Be careful out here...You could short and wake up to a 11k BTC. TRADE AT YOUR OWN RISK
GEMINI:BTCUSDShort
by Z3R0Matrix
AUDCAD 15m SELLI'm setting and forgetting an entry on a supply zone very high on the curve that is already in a down trend. The leg out wasn't explosive but it did leave a 2:1 from entry. The relative strength has the CAD at the strongest on both the DAILY and HOURLY charts, while the AUD is either the weakest or second to weakest on both time frames. There is a demand zone there, waiting, and if it shows confirmation of a reversal then I will close there. But if it doesn't hold, expect at least a 5:1 RR.
Short
by QSVentures