BTC has bounced from a major support zone of 29000 but at 4HR time frame it looks like completing AB=CD pattern. If the Support is Broken, we can see a massive bearish trend. After the massive fall from around 40000 the scrip is currently bouncing back for a new Lower High Formation. We can expect resistance at 34000 followed by a bearish rally as mentioned...
BTC has tested an important support level at 34300 and bounced back after making bullish candles. We expect the trend reversal as we can see bullish RSI divergence on 1 Hr Time Frame. TP 1 is set at firs resistance.
After Bullish Bat Pattern and Consolidation the script is into bullish trend after making a HH and HL followed by another HH. Long Position is recommended with stop loss as last HL.
GOLDUSD Seems to be in Bullish Trending since the same is making HH and HL. Long Position Recommended Since the bullish engulfer is formed before the current candle. TP1 near R1 SL at HL
Bearish Candle Stick Patterns for BTCUSD including Shooting Star, Bearish Engulfing, Evening Star, Dark Cloud Cover,Hanging Man and Three Black Crows.
Looks like Bears continue to keep control of this trend. Stop Loss at nearest LH.
Looks like Bulls continue to dominate GOLDUSD trend. Stop Loss @ last HL
Gold going to bearish trend. Short Position recommended with stop loss at LH
After a nose dive last night, it looks like Bulls are taking control of the BTCUSD this morning. Long Positions Recommended with Stop loss at nearest HL.
Entry: 1.35527 Stop Loss: 1.35434 The trends seems to be bullish as per the given trade pattern.
Entry: 90.348 Initial Stop Loss 90.109 updated Stop Loss: 90.931 11:17AM PST 08022022
CAD and JPY is showing bullish trend and expected to continue the same as per given analysis.