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Sellzone

GBPUSD - Bearish GartleyBefore we go into this chart, there is 2 setup in the 4-hourly chart(UTC +2). A Bearish Shark Pattern and Bearish Gartley Pattern are complete close to one another. It could be a challenge to spot that Gartley Pattern, give it a try as the chart wasn't as clean as this one. The reason I'm sharing the 1hourly chart Gartley Pattern is that it is much cleaner and it will complete before the 4-hourly chart. The Bearish Gartley Pattern is complete within the sell zone and what's nice about this setup is that if the market violated the Gartley Pattern, it will also violate the sell zone.
Short
by RaynLim
Patiently waiting for a drop on BTCAs said in our previous analysis, price is heading towards our SELL zone which you can clearly see in the video. We're expecting another reaction in that area which should push the market down to our target levels. If you guys are holding any long positions make sure to watch out for reversal signals and close them in profit, or if you don't currently have any trades on BTC but you're looking for an entry, then I would suggest waiting for the right moment. We're expecting a potential reversal around the 44K level which should provide us with some decent entries. Watch the video to find out where are the key levels on BTC. Don't forget to leave a comment!
COINBASE:BTCUSD
by ForexTrendline
18
Look for selling opportunities on BTCIt looks like our analysis played out very well and price is now heading lower. For those of you who managed to get in before the most recent move, that's great. Make sure to move your stops or collect profits along the way. If you didn't manage to go short, don't worry. The market will always give you another chance. In this case, what we have to do is to wait for a pullback before getting involved as it would give us a better risk to reward ratio. In the video you can see what are the levels that I'm monitoring, so make sure to have them on your charts as well and look for opportunities around them. Good luck!
COINBASE:BTCUSDShort
by ForexTrendline
6
Possible short entries on BTCWatch the video to find out what my idea is here on BTC. I'm looking at the same sell zone that I've shown you previously and I think there will be another drop pretty soon. I would suggest not taking any decisions before you actually see some type of confirmation from price action. There's also a possibility for a breakout of the current resistance, and in case that happens then obviously we will have to switch our bias. If my analysis is right and we see price pushing of this sell zone once again, then I will be looking to enter short and my stops will be above the 46K level. Leave a comment and watch out for our next analysis!
COINBASE:BTCUSDShort
by ForexTrendline
21
The next sell zone on BTC | Where should we enter?This is our video update on Bitcoin. In the video, you can clearly see how well our last analysis played out and that price is moving just as expected. After the next consecutive push down and market reaching the support of around 36500$, we now expect that another pullback will follow. This will be great as it will give us another entry opportunity. However, before we draw our zone correctly we have to make sure that price has started this pullback, which is not yet confirmed. We're looking at the same setup, that we shared in our previous analysis but this time at lower levels, which also confirms the downside continuation. To find out the exact levels where we expect to get another entry, make sure to follow us. Good luck!
COINBASE:BTCUSD
by ForexTrendline
19