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azizelliott Updated 

Hi guys! 👋🏻 🔔 There is a breakout confirmation from the falling wedge on a 4 hour Gold chart. The price broke the resistance and retested it as a support. 🔔 The situation around Evergrande and negative NFP and employment data in the US will increase the uncertainty in the markets. Several Central Banks, including the Bank of Japan increased their Gold purchases...

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Hi guys! 👋🏻 🔔 USDJPY looks extremely bullish, however a retest of 112.1 - 112.3 levels is most likely as the pair hit an important resistance on a 4H and a daily chart. 🔔 MACD and RSI are showing signs of an upcoming correction ahead, which might generate another uptrend potential of the pair. Probably up to 116. See daily and weekly charts below. 🔔 USDJPY...

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Hi guys! 👋🏻 🔔 Bitcoin is under pressure and some analysts even predict a heartbreaking decline to $36000 and some to a terrifying $19000. 🔔 It is clear for now that Bitcoin's price will be fully dependable on the global ecnomic data especially the US economy. The reason is not only the migration of mining powers to the US but Bitcoin ETFs and Bitcoin futures...

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Hi guys! 👋🏻 🔔 EUR/USD is traded inside a downtrend channel. The price action of June 25 has formed an expanding ending diagonal pattern, which is yet to complete its formation. 🔔 4H EUR/USD chart, whereas the RSI is near the oversold level, hence to balance the strength, EUR/USD might retest 1.17700 before it continues to proceed downwards to complete the...

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Hi guys! 👋🏻 🔔 FOMC announcements are important today. The most important note expected from the FED Chairman would be announcement of the tapering asset purchases by the FED. The no-clue tapering asset purchases date might play a negative role to the US Dollar Index and since there will be a volatility, USD/CAD may jump to $1.2890 level and retrace to $1.2720...

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Hi guys! 👋🏻 🔔 There is a strong support zone at $43000 and $43800 levels which Bitcoin tested and for now keeps above them. 🔔 This support area is also backed by EMA50 and MA200. First strong retest is at $48000 if closes above then will reach the $51500. www.tradingview.com 🔔 Keep in mind that $52900 is a Fibo 0.618 of April 13's correction, so for new highs...

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Hi guys! 👋🏻 🔔 Currently watching this rejection from the dynamic support of the uptrend channel, which was tested as resistance 🔔 There is a strong support at $46300. If that support is overtaken, the price may fall deeper to $43800 and $42500. 🔔 Although, if the support withholds, we can expect a jump to $51.2K and $53K. CME BTC futures expiry are set for...

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Hi guys! 👋🏻 🔔 I congratulate everyone with overcoming the 50k mark. At the moment I want to pay attention to some similarities in Bitcoin's price, which prompt about the beginning of a small correction before the next bullish movement. 🔔 It is possible that Bitcoin may try to overcome the level of 49800 at night, perhaps even 50,000 and roll back to 48200,...

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Hi guys! 👋🏻 🔔 Following this setup for AUDNZD. Looks like the pair will be rejected by the dynamic support which is currently tested as resistance. Not a perfect Gartley pattern is also on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 #Bitcoin was rejected by a very strong resistance. So, fair enough, I believe we should go down to $36430 to test the resistance as support, to touch the EMA50 as support and swing high to $44-$50K 🔔 100MA as resistance, RSI overbought, MACD line on a green histogram and looking downwards, so one last correction pls! ✊🏻 Good luck with your trades!...

azizelliott Updated 

Hi guys! 👋🏻 🔔 Euro is below the trendline of March 23, 2020 and tested this dynamic support as resistance and was forced downwards. 🔔 Currently Euro is testing the 1.18400 support line and if closes below, will continue the downfall. The current level is also Fibo 0.786 of the uptrend of March 31, 2021. 🔔 Positive US NFP data might support the downtrend...

azizelliott Updated 

Hi guys! 👋🏻 🔔 GBPUSD is about to complete the Ending diagonal pattern to end this correction move. 🔔 There is a Head and Shoulders pattern which is clearly traced on this 4H chart, so keep an eye on that too. 🔔 There are no clear signs of a strong bullish reversal for Pound, although as seen on a larger time frame, it's most likely that GBPUSD will continue the...

azizelliott Updated 

Hi guys! 👋🏻 🔔 There were large announcements made recently by Goldman Sachs, whereas the banking giant will be launching the cryptocurrency trading desk as a part of the company’s Global Market Segment. Goldman Sachs will launch Bitcoin futures trading later this month. 🔔 PayPal, which is expanding its crypto offerings in the UK, is assumed to purchase the...

azizelliott

Hi guys! 👋🏻 🔔 Made this chart on Monday and didn't post it here though as had to leave. s3.tradingview.com 🔔 What is going to happen to BTC right now in my opinion is Bitcoin will make choppy moves upwards. Consolidate 🔔 What are three Golden rules? When it's overbought - goes down, when MACD line is over the histogram will go down, every Monday-Tuesday it goes...

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Hi guys! 👋🏻 🔔 There is a symmetrical triangle is formed on a 4-hour BTCUD chart. 🔔 Although it might look like that the uptrend is expected and there is a clear ABCDE correction pattern, I'l like to point out on a very important detail here, D didn't touch upper edge of the triangle. 🔔 In a strongly bullish formations like this, usually D touches and...

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Hi guys! 👋🏻 🔔 Possible bearish bat spotted on NZDUSD 🔔 There is a strong resistance at $0.70300, must close above that to continue the uptrend ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Bitcoin is testing the dynamic resistance, upper edge of the downtrend channel, breaking above this level could get BTC up to 38100 and 39300 🔔 Waiting for closing above $35000, small correction for retest of this level as support is also possible. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.

azizelliott Updated 

Hi guys! 👋🏻 🔔 Oversold in RSI, in my opinion, has reached a minimum, the channel was broken, as it usually happens, rather to absorb stops, in general I expect a retest of the upper border of the channel at 34600 🔔 Important resistance levels are also located at 33900 and 32000. We are also watching support at 31000, which Bitcoin will test shortly. ✊🏻 Good...