SND
GBPAUD BULLISHMarket vote to bullish...
Market Retest previous resistance (resistance became support)
to continue bullish.
Bitcoin Next Stop after a bull runAfter taking out a few levels of Supply between 5200-5700, Bitcoin price came to a haul at around the 5800 region and started to consolidate.
On larger timeframe it does look like a bull flag, if it does plays out, I see price going higher to challenge the next quality Supply level at 6000+ which the round number also stands for a mental barrier for buyers.
On the hindsight, I am more bearish for Bitcoin to drop and properly test 5500 level one more round before breaking lower. On the hourly chart, a rising wedge is formed with RSI on both overbought and divergence. Taking into all the evidences gathered:
- Exhaustion on the buyers after continuous rally for 4-5days
- Extremely overbought on the RSI (hit 95/100 on the indicator!)
- RSI Divergence
- Rising Wedge
Market either goes up or goes down, I am more geared towards being a seller at this point as I see more profit potential on the downside compared to the upside.
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XAUUSD VOTE TO SELL2 step entry.
high risk entry and low risk entry
-high risk entry with snd & snr technique.
-Low risk entry with icwr technique.
EURNZD Vote To BuyICWR technique + chart Pattern + snd + snr
Price already break the trend line with impulse movement..
short term for sell
long term for buy
BTCUSD - Price to challenge Bearish Bat before it can higherBTC climbed to 5500 last week and fell because it came to our big time frame supply level, marked between 5280-5665.
Market participants always work the same way, buying after a rally or selling after a huge drop. What we should do is actually the opposite, selling when the price is high and buying when its low, hence the famous phrase "Buy Low Sell High".
Don't get me wrong, I am also bullish on the BTC LONG TERM! However, it should have a correction before it can push higher.
Watch out for this Bearish Bat on the H4, for those who are holding on to profits, can consider selling first before buying back at Demand Level.
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AUDNZD Vote to sellaudnzd vote to sell..
recommended entry sell after the price break the trendline and get the confirmation to going down.
Major trend is going down
USDCHF SELLPrice action + wave theory
sell limit at supply zone for high risk entry
sell stop after finish the small corrective
CADJPY SELLWave theory + previous fake out + Price action
Wave Theory technique + Fakeout Price action.
Highrisk entry
entry by using Sell limit order
Low Risk Entry
entry by using Sell stop order after break the trendline and making small corrective.
PREVIOUS FAKEOUT + REACTION FAKEOUTEURUSD EXAMPLE SETUP
PREVIOUS FAKEOUT+REACTION FAKE
ENTRY AT DBD SUPPLY ZONE
EOSBTC H1 Bearish Bat Pattern within sell zoneQuick Trade for a short as current price has passed Point B of the Bearish Bat pattern.
Entry: 11305 - 11436
SL: 11585
TP: 10969
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