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BTC Bullish Price Movement Confluence.I have spotted an amazing bullish price movement confluence for BTC. In the 1W Chart I spotted rejection towards the 2770 EUR Support Zone, and now the price made a Double Bottom pattern ( A strong price action reversal pattern. ) When I moved on to the Daily Chart I spotted this huge Head & Shoulders formation occurring with a Neckline ( Brake out line) @ 3600 EUR. ( Another strong price reversal pattern. ) Personally I am looking forward towards this formation, because the moving averages ( 50 MA = Yellow / 100 MA = Blue, ) have crossed as well. ( Just an indicator comfirmation. ) And in the 4H Chart I saw another Double Bottom, but it already did a Bullish Brake Out, and has started a Bullish Trend making its first Higher High and Higher Low. In conclusion, if BTC brakes above the 3600 EUR level, then we will see huge bullish moves. I have also highlighted the the analysis with colors on the chart ! Leave a like if you agree that BTC is going BULLS ! Comment your thoughts below !
Long
by ErnestsAdlers
Possible NZD/USD Short position!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 days Actions on - A – Activating Event Currency Pair creating a Double Top . B – Beliefs Market will find resistance at current levels at @ 0.6848 - 0.6893 levels and move towards the first Target 1 level @ 0.671 FX:NZDUSD Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 0.671 Target 2 @ Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
1
Long USD/JPY!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4 Hours Actions on - A – Activating Event Currency Pair pushing off higher support line and breaking resistance line. B – Beliefs Market move towards the first Target 1 level @ 110.350 FX:USDJPY Trade Management Entered @ Sign up for details Stop Loss @ Sign up for details Target 1 @ 110.350 Target 2 @ Risk/Reward @ 1.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow Thank you for your support :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Long
by SMPTrader
I buy this Open LONG position XBTUSD @ $367x - bitMEX cross leverage StopLoss: $3645 TP1: 3750 TP2: 3888 TP3: 4022 To SUM UP: - Expect a decline to 3740$ in the short term, and thereafter you can see an increase to 3880$ for a retest of resistance but I feel a break of this will be easy and we could have another go at 3950-4050$ with a wick. - Thereafter, we can expect a rejection from these levels and for us to in fact see lows of 3250$ being achieved once again to sustain this fan shape. - Remember, our downward accumulation zone is currently set at 1750-2200$ ;)
BITFINEX:BTCUSDLong
by bitcoinatx