GBPJPY bears may be getting ready for the next leg down
price hit 1.2700 psycho level breaking a supply zone also testing a supply TL , now price pulls back into the supply zone we may see bulls coming from 1.26700 if the level holds price, here we can see that 1.26700 is also a strong support, base on the above we believe that bulls may continue and possibly head for the key level 1.3000 soon
we do have a bullish pattern on 4hr and price has broken the supply TL so we need a retest on the trend line, for price broke with a strong bullish candle. we should be expecting price to come to 1.08700 for bulls to jump in and possibly target @1.10000 level soon
Usdcad entered into Range since Sept 2022 throw June 2023 which gave us a triangle with high @1.3975 and low @1.3223 , also we can see we have a breakout from the triangle which price may coming back to retest the DTL blow of the triangle before price now head for the Sept 2022 low @1.2953 which we can see an imbalance with bullish order block sitting on a DTL...
We are having an up channel pattern and price is breaching the demand line of the channel, which if price breaks through the DL and retest below, we should see a sharp drop to 30000 level which at that level we may see a double bottom and possibly bulls may jump in
WATCH CLOSELY STL BO AND ALSO 1850 LEVEL, WE SHOULD BE EXPECTING 2070 IN ON DISTANT TIME
HERE THE KEY LEVEL TO NOTE IS 92 LEVEL, IF PRICE HOLD ABOVE 92 LEVEL THE WE SHOULD BE EXPECTING 95 LEVEL. NOTE WE HAVE THE W SHAPE ON 90 LEVEL MEANING THE BULLS MAY BE HERE TO STAY, BUT WHERE 92 LEVEL FAILS TO HOLD ABOVE , WE MAY SEE 90 LEVEL AGAIN OR EVEN DOWN TO 88 LEVEL .
EXPECT MORE STRONGER BEARS IF PRICE FAILS TO BREAKOUT ABOVE 1773/1800 WHILE TAKE PROFITS @TP1 1676.60 TP2 1600 TP3 1520
PRICE ABOVE 46 LEVEL KEY LEVEL MEANING THAT BULLS ARE STILL HOLDING AND FROM THE LOOK OF THINGS BULLS MAY REMAIN TILL END OF FIRST QUARTER OF 2021, SO THAT WE SHOULD BUY EVERY PULL BACK WITH TARGET @70 LEVEL
eurusd may be getting ready to pull back and retest the channel price broke out from
price closed above 1857 if it holds above that level then bulls would coming in taking it to 1900 to retest the supply line
89.7 level IS KEY LEVEL FOR THE BULLS BUT IF BROKEN BELOW WITH DEMAND TL ALSO BROKEN THEN BEARS WOULD JUMP IN
Sliver may be opening doors for free fall expecting $8 level soon
Bulls may be getting to a bus stop @100 level which may bring in the bears but if the bears should lack the momentum and 100 level fails to hold then we should expect more bulls pushing to 150/200 level
dollar bulls may be coming to a bus stop which my bring in back the bears that is if 100.00 level hold that would give a free fall but the if that fails well we should expect more bulls is possible we may see 150/200 level .
we are expecting btc to start its free fall and next bus stop @$500