EURUSD: 2 Structure to Watch Next Week 🇪🇺🇺🇸
Hey traders,
Even though this week was quite bullish for EURUSD,
remember that the market is trading in a bearish trend and we remain bearish biased.
Next week, I will be looking for shorting opportunities from 2 very important areas:
Resistance 1: 1.062 - 1.0655
Resistance 2: 1.074 - 1.079
I will expect a bearish move from one of these zones.
Let the price reach them and then look for a confirmation to sell.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Swingtrade
DAX Index: Be Prepared For a Breakout Trade
What a bearish rally on Dax Index:
for the 4 consecutive days, the market is falling sharply.
Ahead is key horizontal support.
I will be waiting for its bearish breakout to short the index.
Next support will be 12550.
Remember that you need a daily candle close below a blue support to confirm a breakout.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
What Actually Happened To Bitcoin Price Action EditionSo I decided to see why this big ol' drop is happening with Bitcoin.
The answer?
We're filling a very old order block that was never
completed in July 2021. So it makes sense price has dropped ALL the
way to where we are now. Time to analyze where we may be going from
here.
According to this current situation, once the years-old order block is
retested, we should make a long push back up to the 38810.05 weekly
zone since it was never retested on the 4hr. It just dropped like a brick.
If we are not ready for the giant uptick back up yet, and we
breakthrough the monthly 28990.63 zone, the next pivot area will be
24337.80 daily zone. We're about to find out what happens.
BULL TPS:
• 32788.17
• 34337.72
• 35504.62
• 36622.43
• 38810.05
BEAR TPS:
• 29315.72
• 27774.40
• 26233.07
• 24475.42