XAUUSD BUYThere is reversal pattern after breakdown of strong resistance line. we will see more upside in gold. Exact figure of target is 1776. if it breaks above it will most probably form some type of reversal pattern above 1776. My s.l is 1678.
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Bulish
EURUSD Affter Break Any LineWe can see two oposite trend lines that can seems like a triangle. This two lines are being very respected by the price so we can expect the main direction affter break any off them and with the right rejection trigger for the enter.
In my point of view may be a long position because we can see a bulish engulfing candlestick pattern and the price got rejection some times at the support.
But we only now affter some breakout.
EURJPY LongWe can see a possible breakout of the trend channel, and we can expect a retest around this two small green lines plus up trend line on the right side.
Affter the retest if the gap dont kill the analysis, we can have a good oportunity for buy positions.
We can also have a possible inverse head and shoulders pattern .
EURGBP LongWe start geting a reversal on eurgbp and at this time the price is respecting very well the price action markect structure. Diffrent than some other pairs that are very crazy lately this pair seems to be a good pair to trade.
With the RSI we can expect the price to come up and when cross the key level of 80 % we can start thinking in sell positions.
Lets see if the gap dont kill this analysis.
longterm btc logarithmic chart on M time farme Moving(ema) 99 is currently priced at $ 2820
If a logarithmic fibo (23.6% level) is broken
2260 is next support And with the loss of this level
Support line in 1305
these are important support of btc price in the bearish trend side
like and comment your ideas
take care put stop ;)
BTC Are you bullish enough yet?Chart speaks thousand words. Sometimes you just need to zoom out. This is a monthly chart with each of the last SIX monthly bar wicks high untested! Do you think that the market will leave that liquidity up there untouched? It won't. Not to mention that halving is just around a corner (www.ig.com). Will you be able to watch this go to 6 digits without you?
ATOM/BTC trade idea (Bullish)Hello everyone, today I'm sharing with you my ATOM/BTC idea.
First of all, I'm quite bullish on Cosmos on the long term.
According to me its fundamentals are strong, but for now let's stick to my short-term idea:
- ATOM/BTC is ranging inside an ascending channel (bearish pattern)
- We can expect a retracement in the coming days.
- This retracement should be a nice entry;here's why:
* Fibonacci 61.8
* quite a big liquidity zone
Good probability to bounce from here.
Entry ~ 4055 - 3820
TP 5040
SL 3190
A very simple setup
Have a nice day!