Price is approaching pivot level at 1.37725 which is in line with 61.8% Fibonacci retracement level , 78.6% Fibonacci extension and descending trendline resistance. Price may potentially drop to support at 1.36020 which is in-line with 100% Fibonacci retracement , 78.6% Fibonacci extension level and swing low support. Stochastic is also indicating negative...
We have completed the ABC for the first sub wave of btc , if you were waiting for a good entry point for a btc long now is a great time. If we retrace more than 100% than exit your long (Stop Loss 3500) and then if you are long a good target would be at the 1.618 range (Target 5,000) over a longer time frame this should hit in about 2 weeks. Happy holidays
long bullish hodl
Hi traders. EURUSD is currently forming a strong short, its very expected to stay short for the next 3 or 7 hours as next week, which can make us profit between 200 pipettes. I will be updating this chart as time goes by. It'll surely be a good trade. Stay tuned!
Hi! EURUSD is preferring longs for the next few hours. This breakout should increase to 1.08153, as I'm opening my position on 1.08050.