Priceactiontrading
EUR bearish for now but bulls must be getting ready OANDA:EURUSD
Hi guys , how you doing ? , I hop you're all fine
EURUSD is now in the a descending channel
The price also touching EMA which can act as a resistance
So until now , we have 2 good and obvious resistances (EMA and the channel)
Also the momentum is decreasing and getting bearish
therefore it's logical to say that EUR gonna be bearish for short-term of time .
But I not gonna enter the bearish move , I prefer to stay and enter with bulls at 1.16640
I hope the bears will lead the price to that target
But for now it's bearish
so that's my opinion .
what's your suggestion and idea guys ?
I'd be glad to know your opinion !
CRYPTOCURRENCY BITCOIN (BTCUSDT) SMALL PULLBACK BITCOIN ( BTCUSDT ) 30 minutes timeframe -> Inverted Head and Shoulder. A strong buying level when market is consolidating/downtrend.
This indicates after long bearish trends, the price falls to a trough and subsequently rises to form a peak.
It has taken support also from 20 EMA and a good green candle ready to make a breakout. RSI also supports it.
It can do a retest on 20 EMA and then go towards the target.
Only take entry when 15 min candle closes above 43219.
First target - 44038. Book profits there or trail your stop loss for 2nd target 44500. Stop loss should be 42672.