BTC USD 4H chart Analysis!While there might be much more trading opportunities in the way, Shorting Bitcoin around the supply zone and Longing it at around the Strong demand zone is rational.
There are also two other lines which are weaker entry points and cautious traders should avoid them.
A safer Long trade might be after breaking the 23000 or in a reverse to lower ZONE.
A safer Short trade could perfectly be found around the Red zone in the chart
I generally like to call BTC an instrument which is more prepared for Long trades.
Zonestading
CADJPY: Loonie-Yen has almost reached the supply range! Short itThere were buyers around 90.600 in January. That range was broken and now is obviously above that rate.
I think market will reverse from there and came back to the demand zone.
I will close my position at the TP, you can hold longer (not recommended).
Euro nzd h4 setup for mondayToday i am sharing euro nzd setup for monday
As you can see price is moving 1.670680
When market close
On monday if market break above 1.672793to1.677517
Then its going for long position for 1.710000
And if it come down to1.670680
And its give us strong sell confermation then we going for short position
And our tp is 1.653251 hope you guys make profit
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