Outlook on EURGBP for the days ahead Seeing the recent rally from the Euro in the past couple of days, all this has culminated to a good'ol resistance and it seems (based on current stats) that the Euro's rally might be short-lived and will not provide any medium or long term gains ....
Eyes on the next few days' price action
Transparentforex
AUDNZD presents a buy opportunityLike most of the opportunities on my account, I trade only the major trend and clear breakouts. AUDNZD has made a clear breakout and has retested the zone marked out. With a good RR. I hope to catch some pips with this trade. Please tell me what you think of my analysis in the comment section. It supports me to create more detailed analysis.
-C.
Weekly Bearish Special Crab on BTCThe special crab on the weekly on BTC those that extends to the 1902 fib level discovered by Scott Carney ( my mentor). As we can see, this is the first time this pattern is completing so we expect a Type1 reaction to a minimum 382 fib level which is around 22k ish and a maximum 618 level around 15 ish. These markets have been overbought I believe it will continue to the up side if the market breaks above 34800 it’s new ATH. Thank you. Please like ,follow and comment if you find this useful.
US30 UPDATEGooday Family
We had and impulse down on US30 and now it is giving us a neat correction. We can capitalize on it by taking a sell trade after the break of the correction.
Our 1st take profit can be on the 90% Rule level, or you can trail stop your trade/trades.
Thank you.
BITCOIN SENTIMENTBitcoin have be bullish in a long run, and still expecting more bullish momentum as new buyers come in.. But due to the over extended move of bitcoin, many according to human think will start selling off their bitcoin with the understanding of the fact that bitcoin bullish run has be over extended which will cause a little or long retracement before bitcoin have more bullish momentum generated by new buyers who will take a stand to resume purchase at a low price.
market execution: GBP/NZD analysisA flow of highs/lows has consistently being formed from the 1.97000 psych region towards the downside, we can look at current price action as a retracement (lower high) pattern formed which has bounced and tapped our downside trendline in confluence with wick rejections around the fib regions. A new leg could be formed and the price could be heading towards 1.95000 and lower from there.
risk/reward ratio is 1:2.75
for any questions feel free to privately message me and ask, here to inform and educate.