BTCUSD Another victory + New tradeHello traders! Happy 6th consecutive victory in btcusd and 7th victory is near the target.
In my previous analysis, I also gave you the entry guide for next trade and it gave clear Buy above 13335 and now it close to its target.
80% chance of next trade is for sell so ready to sell after confirmation target will be 13335 key level.
As I told you my key levels are not the normal levels it predicts future support and resistance I work on the formula which gives me numbers after that I just put horizontal line on the derived number and you can see how perfect are they.
Enjoy the pips..
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Buyandsellsignal
BTCUSD BUY: New Key levelsHello traders! In my previous BTCUSD analysis I gave a sell signal and told you to buy from the sell target both traders worked perfectly.
These are the new key levels that you should look for Buy and sell.
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Previous btcusd analysis
$BTC 12h Sell signal! Local top is almost here. Stay tuned!We finally got our 12h sell signal but the daily looks like it can go for one more poke up. I am scalp short with the intention that the daily will try to send us to 11.2-11.4s. Waiting patiently for our 12h RSx oscillator to cross down.
Stay tuned to see if we get a second 12h sell signal which will stamp the structure & send us down to low 10.4s
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BTCUSD BUY: HIDDEN RISING CHANNEL RETESTBTCUSD will hit the 50% of trend channel and will drop to the same price here because its in accumulation. We can see many Reversal patterns above and below the trending channel but last time it broke hard. It means channel is broken but it can retest and will start falling again
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EURUSD ACCUMULATION IN D1HELLO TRADER! We will see this accumulation pattern in EURUSD. After a big fall to 1.0630 market moved up it was an automatic rally by the market, it happens after huge selling pressure. Now currently it is in buy and it will break the AR resistance and will fall again. I will update after it reaches our target which is at 1.1150.
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PREVIOUS ANALYSIS
BTCUSD Short term setupAs we can see btcusd is turning back from fibonacci 618 area. We will sell from target 1 as it will again retrace back to fibbo 0.618. For target 2 we set fibonacci from bottom to target 1 the fibbo 0.618 we will see is at 7950. See analysis for target 2 in update. also checkout my Monthly chart analysis.
EUR/AUD bounce or a break today?!1-hour time frame, EUR/AUD is trending higher inside a rising channel and the pair is currently testing support. Aussie may have enjoyed a strong run from impressive job data in the Asian session, but it could return those gains to the euro if the ECB sounds more upbeat. Stochastic is indicating oversold conditions or exhaustion among sellers, too. If price action makes fakeout from daily pivot s3, SMA 100&200 and price admiring the rising channel's lower trendline (support) may be the first signals of bearish momentum fading off. This could be the chance for buyers to hop in and take back price up to the top of the rising channel around daily r1 of the pivot but before that, any major adjustments to price stability and growth targets could impact the euro during ECB release which must be taken care. Some analysts predicting that there could be more optimism surrounding recent economic data release. Breakout lower from all those above mentioned crucial areas of interest with strong bearish momentum can be a case if ECB mess up with its upcoming release which can boost the bearish bias idea on this pair!! Oh, and I will like to bet on bounce bais yo! What about you pals? Which team are you? Bounce or break? Feel free to share your ideas in the comment section ;)