Updates: Bitcoin goes to the $12,000 USD!!!Today at the morning, I put another second trade on Bitcoin in the $11,320 USD for long position!!! That is a great opportunity and I have my first position in break even and we're in profit from yesterday. Now, the price is continue up and I believe that between tomorrow Sunday or Monday we touch our take proit!!!
In H4 timeframe we continue up!!!
So guys, I believe that this simetric triangle not was an bearish signal, but was an accumulation, but remember that we could to discard the short strategy that the $9,000 USD is another point that Bitcoin could to reach again if we see a coronavirus pump on the Stock Market!!!
Also, in some hours I will going to check out the bursatil index S&P 500 to see how is the situation on the market and read key fundamentalks in the stock market if the thing is good!!!!
Priceactionstrategy
GBPUSD Price ActionGBPUSD current price action nearing this area of value is showing great potential for Short positions. Personally waiting for price to make its third touch, or to reject off that area of value. I will then look for any continuation flags on the 15 minute time frame to look for price to continue to be bearish.
Follow for more price action analysis :)
EURGBP Bearish FlagEURGBP is currently in a clean bearish flag that has great potential if it plays out in a couple different ways. If we see a nice breakout on this flag in an impulsive way, we could look for potential Long positions. However, if we see corrective price structure near the top of its trend-line we could look for Short positions to the down side to stay in this flag. Regardless of what happens, this pair seems to have some good potential entries.
raymond, multibagger
Raymond sould become multibagger from now on , can be double in no time, as its forming symmetrical traingle pattern after traingular target it will be in somewhat open sky till 700+, jusyt hold your patience, as you know patience is the best investment you can make into the market.
time 2-6 months.
Dash change the momentum of the reversal trend!!! Intersting!!!In this analysis, Dash show us a huge opportunity in long position. It's interesting to see waht Dash do. Because Dash make lower high in the momentum of trend, and we could see that Dash is leading to the $89 USD in medium term.
Also, I suggested to look the Daily timeframe becuase as we retest in the demand supply, there's buyers that buy this crypto!!!
So, in summary I hope a long entry in the buy order limit at $69.06 USD with the SL at $67.32 USD and my own take profit will be $74 USD.
Bitcoin may turn to bullish sentiment!!! Bulls defend it!!!In this timeframe, I want to bring you the chart and also, we can to closed up our short position in Bitcoin in the $10,670 USD, that could be a mini-target profit, but nor much, if Bitcoin goes to the $10,670 USD, inmediately we need to take decision to if there will being a bull candlestick of confirmation to buy Bitcoin again.
As yesterday, I present this bearish rising wedge in H3 timeframe. Right now, we could be a possible bull trap on the zone of $10,670 USD if in case that this scenario doesn't break down, becuase if this zone going to break down we could see a drop until the $10,200 USD again.
But right now, as we are making a pull back in this rising wedge, the sentiment of the market could be to chances bullish if the price continue increment!!!
Now, lookin in the H4 timeframe, the trend is clearly bullish, and as we see in the early a drop of 1.50% taht incluse Bitcoin was in the $10,650 USD in the early on the New York Time, we could expect that Bitcoin is leading to the $11,000 USD again.
I will notify here if Bitcoin is goes to the $10,670 USD to then, hope the confirmation bearhs or bullish!!!
In summary, the most probable that Bitcoin do is to up and cheat the bears!!! Because we could see another chartist formation called ascendent triangle!!!
Alert: Bitcoin formed a bearish rising wedge in H3 timeframe!!!I hope that the Daily candlestck is goes to closed up as in H4 timeframe. Right now, we found in H4 timeframe that we see 6 doji of indecision and that cause a lot confussion oft the trend. I believe that demand supply is weakness becuase we see a squenze of candlestick of indecision formed dojis. Also, I add the MACD in H4 timeframe and we see the volume is losses boughters and bears could be to take the control!!!, So, it's very important to know this manipulation!!!
But, watching in the H3 or H2 tiemframe. The H3 timeframe is better, because Bitcoin is formed a bearish rising wedge if you link he points. Well, also and noticed that MACD are losses ther boughters volume and it's so enarly to the sell croosing, that could be another data as sell Bitcoin.
Well, we see in general that demand is fighting with supply and both created a lot confussion on the market, remember that this squenze of Dojis has the highly possibility that the trend make a reversal again when the price come.
Long Opportunity: Gold make a pull back to up!!!
In Daily timeframe, Gold is formed a possible bearish channel, but now, very important is that Gold make for long-term into a bull rally. Now, as in the past Gold was into the simetric triangle, so we are now going to make the pull back to the $1910 USD.
Now, in H1 timeframe we see a big candlestick and we hope a entry. So, I put a long order limit at $1964 USD. Also, I use the Fibonacci and we hope another entry to this opportunity!!!
Good luck!!!
Remember be inteligent management your capital and your risks!!!
We hope that New Zealand have good news for the interest rate!!!Today, we have 2 news of New Zealand Dollar:
1. Reserve Bank of New Zelanad Interst Rate Decision
2. Reserve Bank of New Zealand Rate Statement
Both news, I hope a good result and recovery in the New Zealand economy
Looking in the technical analysis, we see that Australian Dollar don't have force to continue up, because as we could see a possible sell-off, so i put in short position, but I put 2 position using a sell order limit.
1. The first entry it's in the $1.0826 NZD IF there will being manipulation.
2. In case that touch my SL, so my second entry will being in the $1.0850 NZD
Because when this manipulation occur, we need to take an advantage to earn in the speculate news.
So, in general, we see taht Australian Dollar is into this bearish channel and this apply that we going to down more. So, my own take profit it's $1.7314 NZD approximately
And finally, looking the Dail ysituation, we continue drop!!!
AUDUSD Short Opportunities Looking to short this pair near its smaller channel it currently is in if momentum slows down. Or we wait for price to make a solid third touch. It is important to know HOW we reach this third touch however, because if we get there impulsively we must wait for price to make a fake out and we will enter off any continuation signals. If we get there slower in a more consolidated format, our chances of falling this week increases dramatically.
My NZDUSD outlook for the WeekThis week of September for NZDUSD is seeming to reach its third touch in a corrective manner. Previously we almost made a third touch but with news and continuing momentum price had fallen. Now that we are coming back up in a corrective way we can look for Short Opportunities to the downside, targeting the bottom of the bigger structure.
Bitcoin is forming a simetric triangle!!!In this analysis, in H1 timeframe Bitcoin is formed a simetric triangle, and also, that mean a possible continuation of the trend, in that cause is bullish, meanwhile Bitcoin is going to consolidated into it, we could see a mini-altseason in altcoins.
Now, in H4 timeframe this is the key trend, we continue bullish and we see the simetric triangle so clearly!!!
Also, more interesting is that Bitcoin is into this bullish channel that I could to mark in the extreme points of lower higher in the key, you can get it and it's explain that bulls are still bullish, not bearish!!!
Also, in H4 timeframe we see a bearsh divergence, but that is the price that make a little correction, but that not mean that Bitcoin is go to down, that is natural in the market do to a correction when they're weakness of the bullish or bearish trend and then, it's neccesary a correction before to continue it.
I'm still in long position, but I changed my perspective and I put a target profit at $11,387 USD, and I move the SL at $10,717 USD.
Good luck, just be patient of this analysis!!!