


BLXCK_WIDOW_FX
Price imbalance left by the market movement need to be filled first before the market can continue with the uptrend one can choose to short USTECH to the level of imbalance before deciding to long it
BTCUSD shows signs of recovery after breaking the sell trend line with formation of a head and shoulders pattern
USTECH bullish momentum to continue given that the support level has been broken one might wait for retest before placing a trade If you consider this setup really help and informative please like n leave a comment on your thoughts please follow me fore more setups on ETHUSD USTECH GOLD BTCUSD
Bonang that is a sell ga le sa batle go tsena go le tlogele akr lona Makgoa le tseela gre le itsengo re hitisa but anyways Given the latest Update of Gold and my technical analysis being met having both the 1hr and 4hr trend being respect i have decided to short XAUUSD I hope you all find this setup informative and helpful
Potential upward movement to since the resistance was broken market is to continue pushing up if the 1hr time frame resistance is broken and the market is to continue pushing up
Formation of strong support and couple of retest with market not being able to break through the support shows potential bounce back to the resistance
Potential downward trend prediction due to high bearish momentum
The market has been testing the resistance for a couple of time gaining bearish momentum forming few support and bouncing back to the resistance potential downward trend is what i anticipate since the market is failing to break through the resistance
High support and market bounce back showing that the USD dollar is weaker than BTC at the moment.
Bullish pressure along the trend line showing there is high bullish momentum