1. Gold is in an area of support. 2.Gold is in a long term uptrend. It's also in an area of support on the H4 timeframe. Will go long on gold once confirmation is recieved (strong bullish candlesticks).
ANALYSIS 1.BTC approaching oversold levels. 2.BTC in a long term 3.BTC also oversold on the higher timeframe. Would go long is confirmation is recieved.
GBPCHF is currently oversold on the H4 timeframe. It's in a long term uptrend also. It's also on oversold on the D1 timeframe. In a long term uptrend on the D1 timeframe too. Seems like a win win set up if confirmation is recieved.
BTC is overbought but the candle sticks shows there is strong bullish momentum. As we know, financial markets have two phases:a bullish and bearish phase. BTC is due for a bearish phase but no exact timeline is known.Price of BTC may have gone as high as $100K,no one knows. BTC is still on a long term uptrend but it's due for a correction or retracement. That's...
GBPJPY is oversold on the H4 timeframe. It's also oversold on the D1 timeframe. Price is above the 200 EMA(long term uptrend) The trend is also strong. Waiting for the STC entry trigger to go long.
BTCUSD is oversold in the H4 timeframe. Price is above the 200 EMA so it's still in a long term uptrend. BTC is also oversold on the D1 timeframe. Waiting for an entry trigger to go long