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Traderchamp

⚠️BITCOIN AT RISKS! ANOTHER DROP AHEAD TOWARDS $51K ❗️Bitcoin has confirmed another major breakout on the long-held support created at the $60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at $51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone. Watch closely for the price action under the lower timeframe for a bearish flag or indication that can support the bearish perspective we hold here. Looking for a short setup personally which can be targeted towards the next support.
Short
by traderchamp_
XAUUSD SUPPLY ZONE - SELL OFF XAUUSD has shown a quick rally with the conflict between Iran and Israel where we now witness a selling identified with Iran's mocking over 99.99% defense against the attack launched by Israel yesterday. Somehow the yellow metal started to recover its pump and dump by retesting one more time above the $2400 level. Here I witness a potential downward shift with the recent price action which respected the supply zone highlighted under the hourly timeframe.
OANDA:XAUUSDShort
by traderchamp_
BITCOIN INSIDE AN ASCENDING TRIANGLEBitcoin has created a nice ascending triangle under the hourly timeframe where we are required to wait patiently for a breakout confirmation to determine the next direction that BTC may take in the next few days. Here we witness a fake breakout earlier on the minor resistance formed, which is indicating that BTC has a strong selling pressure aligned above this level. So we have a higher chance of seeing a downward shift in prices, but still we are required to confirm a bearish breakout on the trend line first.
Short
by ChampsMoneyConcepts