Everythingfx
USDCADMAs crossed on daily, weekly resistance broken, new weekly support. Monthly resistance is the new target (1.2756)
EURUSD Short1) Hammer recently printed-
2) Recent candlesticks portraying bulls failing to maintain bullish momentum.
3) D1 Fib levels indicating pullback to reach 0.618 level at a price of 1.20901
4) 3rd trend line bounce on upward trend line
SHORT Potential Short setup on EUR/USD ?This is a counter-trend potential setup on EURUSD. As can be seen, we have 5 weeks of extremely bullish in a row. Target 1 at -0.27 Fib is reached. Price now is 300 PIPS aways from daily 8 EMA. I personally would looking for a short setup if we have more confirmation on 4hr time frame (could be evening star). This is just a short-term setup with a risk/reward ratio around 2 ( 70 PIPS for 157 PIPS).Target is around 1.2100 where 8 EMA hanging now. Me personally, I will wait 45 mins until 4hr candle close for more confirmation! If you are not risk-taker for counter-trend trade, please do not take this one !
Bitcoin 18k to 20k run start?Daily resistance broken, MAS crossed over, nicely following trend line. Lets hit 20k!
BTCUSD updateBitcoin broke the consolidation zone, came back and now retesting it. Will the consolidation zone become the new support or the price will fall back and retest from the trend line? Over all target is 20k!
BTCUSD Pullback?Head and shoulders? Possible retest to trendline or monthly support? Over all target is 20k!
BTCUSDAfter the retest, support tl was strong and it pushed the price back up, looking for a new retest again, and long to 18k! MAS crossed over!
BITCOIN 10K RET UPDATE Last analysis I provided my three overviews which were:
1- Monthly resistance (9784) will become new support, consolidate for a while and shoot up to our next target 11k, 11133 to be exact.
2- Retrace to 4hr fib 38.20% level (9244), 2nd leg and head for the target 11133.
3- Retrace back to Daily 38.20% fib (8435), which was also previous monthly R/S, and a major monthly trend line (Support) crosses through.
Bitcoin 7.56% is heading for the starts but needs to retrace in order to keep it making higher highs! The question is how much will it retrace?
*Update*
-> According to first overview, monthly support 9784 held and pushed the price to above our target (11133) to 11400.
-> After making all time high, bitcoin prefectly retraced to our 4h 38.20% fib level 9244, as told. Price found it's new support level and, now its back up to 11300.
-> Our next target is 12483 which is next monthly resistance level!
Could we do it or its a trap before major correction to 8000 level?
BTCUSD updateBitcoin is back at its previous resistance, after the pennant broke, we need to break this consolidation zone. TP is the same!
Bitcoin 10k retracement?Bitcoin just took off after 8314 consolidation zone! We have three overviews.
1- Monthly resistance (9784) will become new support, consolidate for a while and shoot up to our next target 11k, 11133 to be exact.
2- Retrace to 4hr fib 38.20% level (9244), 2nd leg and head for the target 11133.
3- Retrace back to Daily 38.20% fib (8435), which was also previous monthly R/S, and a major monthly trend line(Support) crosses through.
Bitcoin is heading for the starts but needs to retrace in order to keep it making higher highs! The question is how much will it retrace?
BTCUSDBitcoins new target is 9,784. (overall 10k) We can expect minor fib retraces to 38.20% (monthly support/ tl) Lets bank!!!
