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as we can see we are in important zone right now that we may have : a. breakout and reaching the targets =1.2000 2.2400 b. or like previous time we may expect some rest here and then again the chance of breaking channel high If channel break we may have retest after reaching 2000 then after retest that get completed we may reach 2400 too Traders let me...
as we can see we expect that when wave get completed open sell position or take profit on long trade we believe that end of this would be around 50K---51K based on Fibooancci structure or even 54K then we can expect some falling all the way to 45K that is important support taken from trendline there is two more scenario shown on chart with orange path and...
previous analysis on bitcoin reach the target here we have an update about it blue path :last drop(48k--->44K) ends on 0.50% of fibooancci and we can expect this movement again or strong movement to 50K (even55K)and higher purple path: even if BTCUSD show weakness and be range here for while then we can expect retest on previous resistance that is now support...
GBPUSD as we can see is in channel and break new resistance on 1.3760 and this breakout may be fake and we will see huge drop and back to 1.3700 soon or else we will get retest on 1.3760 that was previous resistance that turn to new support for now so we add more shorts at the top of channel as we can see on 1.3860 targets :1.3670 and 1.3460
as you can see gold is really bearish and breaking 1830 support and that is strong resistance for now so if gold touch 1830 we will add more short on gold you can see pervious trade on gold that link below and is more obvious cause its on 1day chart . targets are : a.1770 b.1740 c.1707 good luck trader and let me now your opinion by your comments thanks .👌✔
Fundamental: The price of bitcoin reached as high as $48,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000 Technical...
EURUSD as we can see we are in nice zone that we can add some short (sell position) 1.we are around 0.50% Fibonacci and we have some valid rejection on this area ((1.2140))so it can fall from here like red path as you can see 2.strong resistance on 1.2170 3.final and best time to enter as seller or open more shorts or even for buyers to take profit...
as we can see (simple and easy) we put our pending order at the top of channel with high reward on it, if the channel doesn't break and we put our stop loss at the top of Chanel (sl =50 pips) EURUSD is still bearish and we have upcoming targets like 1.1920 at least if channel break then we have powerful resistance on 1.2050(R1)---1.2070(R2) for opening more shorts
As we can see we are in great bullish channel and movement right now and may continue But if we loss support on 38K(previous resistance that is support now) and falling out of channel then huge drop will surprise us . Trader let me know your opinion about this trade by your comments .
BTCUSD for now we will open some buy position on BTC with good risk and reward as it shown but I know this trade as high risk cause BTC has potential to fall more 32---34k$ buy target 39---41k$ traders comment and like thanks a lot pervious signal on BTC we 22% profit linked below
Black path :trend line broke and retest completed Red path: Usual channel movement that may follow again Orange path (my favorite one):as we can see Ethereum is getting bullish maybe once more we have retest on trendline that broken on 1600 and then breaking channel high on 1760--1820 ,after breaking channel we can expect 2000---2150 Traders let me know your...
GBPUSD as we can see it break strong support and even trend line after breaking trend line and retest completion now again we seem to have another retest on trendline and again after some reject falling will continues .(blue path) however we can expect more push to upside and but major reissuance 1.3700----1.3750 will kill that move soon too . traders feel free...
BTCUSD is in range for while then we can expect fly or drop on it if it breaks major resistance or support at the moment we have trendline that break and retest completed .so longs are winner for now on the other hand major resistance zone on 40k---41k is still valid but support zone on 30K if breaks then we will expect 25K soon we put two position for now in...
XAUUSD in long term : gold is getting weaker and weaker : and creating lower high and lower low and continue to fall . this time gold will created lower low too (lower than 1764 previous support) so targets are : a.1770 b.1747 c.1707 Trader comment below and let me know your opinions about this trade previous gold trades are liked below
the position that we set was 143.50 and why beacuse we are in 50MA 4H support that we may have some support there but shorting GBP pairs is what I am totally agree on because of GBP index falling that is just started so our target from now is : a.142.30 b.141.40(near 200 Ma ) and here is another GBP idea that is doing well and reason of weakness in GBP...
as you can see green trend line it has potential to retest 26.00 and maybe even breaking that resistance be careful about trendline if it break and support on 20.00 break then we will have different scenario .
here is head and shoulder with nice volume on head of it that is getting completed and we will enter as soon as possible and our target is 0.9000----0.9012 if there is any concern about DXY so you can wait after right shoulder get complete and then enter and open trade . comment and like for support .love you all