EURUSD LONG SCALP ENTRY 1.20930 TARGET 1.2134following the february selloff eurusd could go test 1.21340 as last point of resistancxe so this is a scalp you can play on the 4hour time frames, meaning it will be played on an average of 15 candles of hours back and forth. play it accordingly that setup could come twice so you can double your profit each side from 1.209 to 1.213 then 1.213 to 1.209 and back up again to 1.213 and finally downtown from 1.213 until 1.160 to finish the month.
Again learn to ignore the noise just keep it simple and mechanical
4hour
BTCUSDT 4H | Bitcoin market overview: BullrunHello, dear subscribers!
In the last review, we looked at the possibility of continued growth after the reset of overbought bitcoin market.
Since the last review, bitcoin price after resetting overbought has reached new levels and updated its historical highs, reaching $51,678. The resistance area of $47,500 to $48,200 has become a support zone, and the level of $50,000 was also successfully attacked and defeated by the bulls. According to the MACD and RSI indicators, there is still a rising trend with support zones at $48,000 and $44,000 levels. OBV indicator also shows an increase in the volume of buyers' positions.
It should be noted that together with the total domination of the bulls and optimistic mood of the buyers we can see that the price support zones are far enough from the current levels. Buyers need to take into this point and calculate the risks.
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ANTUSDTPossible trend reversal. If a strong move up through the 50 MA and the 0.236 Fibonacci holds and price above 50 RSI. I will place a buy order. Stop at either 0.236 or 0.5 Fibonacci. Follow your own confluence and good luck!
EurJpy Analysis for Upcoming Days- Bearish momentum Heavy bearish close last week as we tapped into the recent highs set the week of Jan 4 , we corrected the move and continued the break below 127.076 and 126.818. We closed the week with lows New York set at 125.371. With JPY news coming out today 11:30EST, we can expect some sort of volume heading into London session. Not much volume expected until later Monday evening Asia session, due to US bank holiday tomorrow. Depending on the result of the JPY news Industrial Production (YoY)(Nov) , we may continue to break lower due to EUR closing down again from virus problem. Euro group meeting tomorrow to discuss vaccines shortage problem, as EUR scrambles to find a solution to permit loosening of lock downs. If we continue to break lower we will see some sort of break and pattern formation below 125.266. Targets for sells will be around 125.00.
BUYS IF
price starts to reject 125.366 area, we can start to anticipate buys above 125.785 area. Depending on how price behaves leading up to a buy scenario past 125.785 we can target levels 126.176. Again price will show bullish pattern formation above 125.785 area and correlate with session times for buys to workout.
Updates for potential buy entry as we get closer to buy area will be posted at a later date.
BTC/USD RSI & Trend AnalysisHi everyone.
I see a couple of wedges on the 4 hourly chart as well as on the RSI. If BTC breaks above the trend line we're definitely going higher. I've taken profit around 39K and I'm now waiting to see which way we are going to go. If we break below I will re-enter near 27K-25K. This is also a Fibonacci area.
Fundamentals are still in place. Large corporations and funds are still buying large numbers of BTC and the market is still driven by a lack of demand. The moment you consider the total amount of USD or EUR in circulation and compare it as such to BTC...
BTC-USD ichimoku 4hrWell people.. In my humble opinion buy the dip..
Watching Bull div on RSI and MACD forming.. This might be the pullback we dreamed of!
Lets see how it plays out though..
This bounce off the ichimoku cloud looks rather promising... and the coiling of the Kijun Line (base line) with the Tenkan-Sen (conversion line) could mean we range between the two for a while.. but watching these break in the future would imo be a warning for a large move up... lets hope the cloud holds!!
Also the support of 3 Jan seems to be related to this current bounce.. not the strongest support line but lets see what happens!
GoingSHORT on the 4 Hourthe analyses was set up on the 4hr. then the downtrend was noted from the weekly. Downtrend starts on the weekly and continues all to the 1 hour. The short position is placed on the 4 hour. You get a better visual on the 1 hour. Do your own analyses. I am just a new bee. let me know what you guys think :)
Bearish divergence, possible break out of rising wedge on GBPUSDOn the 4h chart of Cable, a bearish divergence (in RSI, MACD, and Stochastic) is observed with no higher-highs being formed, signaling weakness in the current bull trend. A break out of the rising wedge and a subsequent break below the local support of 1.32990 could provide a short signal where it is expected to fall to at least the 4H support of 1.31760. However, I believe it could drop further to longer-term support at around 1.30700 and possibly even further to 1.28800. If price does not break the first support level at 1.32990, the trade is not taken.
BTCUSDT 4H | Bitcoin market overview: Is the correction coming?Hello, dear subscribers!
In the previous review, we looked at the overheated bitcoin market after impressive growth.
The RSI, OBV and MACD indicators signal the formation of divergence - a decrease in the values of indicators as the price rises.
The OBV indicator is at an important level - 1.086M. A break below this value will lead to a significant price decrease. We have identified two support zones as a reference point: $14,500 - $14,750 and $13,500 - $14,000.
Currently, the Bitcoin price is in the resistance zone of $16,000 - $16,400 and is $16,330. The previous 4-hour candlestick formed a reversal pattern Doji, confirmation of the reversal will be updating the minimum of the previous candlestick.
While there is no confirmation of reversal, the bitcoin price is in an upward trend. An exit and fixation of the price above 16,400 will open the way for the bulls to the zone of $16,700 - $17,000.
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