Wpattern
USDCAD LongsAs you can see price made a W pattern with retest where gives as a good entry to go in longs with a nice RR. Also price made a reverse H&Sh where gives us a second confirmation for price to go higher to retest the broke zone at 1.3250.
What I am expecting?
I think price can come to trendline to make a 3 touch as a confirmation to go much higher. It wouldn't be bad to go in buys from now.
Equal and opposite reaction on AugurAugur has fallen out of a channel during a correction. But we might see here an equal an a opposite reaction drawing a W and getting back to the channel. The MFi also indicates that we might have found a local vottom. Sell & buy zones are on the chart. Use your risk management to enter!
Cosmos Atom BTC is Ready NowBINANCE:ATOMBTC has clearly broken out of down trend and W Bottom pattern.
Conquered main hurdle of EMA200 now testing EMAA300 (grey line).
Volume is looking impressive with Ichi Tk Cross and kumo twist is taking action.
Rsi is Bullish Macd is bullish while BINANCE:ATOMUSDT is already bullish .
AUDUSD IdeaDo your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Incoming W patternWith this idea I wanna bring attention to a possible W pattern playing out in the Bitcoin chart. I am currently short from 6950$ and looking for a bounce around the 5500$ range. W patterns are very common in a Bitcoin bear market, as you can find them in:
April '14
October '14
February '15
It's still too soon to say though, but if we go towards 5500$ I am looking to catch a long and ride it to the daily 100 and 200 MAs at around 8000$.
Good luck to everyone involved!
chrzky
EurAud Updated, Check this outWhatsup ALL , here is the full analysis for this EURAUD, let me know in the comment section below if you have any questions, .Keep this pair on your watch-list .
I have Linked My previous EURAUD Analysis in the links Below!
Conditions -
1. Wait for confirmation
2.Use Risk Management
3. Do your Own analysis
Have a great week.
See You in the next Video!
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