EURO - Price can bounce up from support line to $1.0825 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently, price started to decline inside falling channel, where it some time traded near $1.0955 level and then broke it.
Next, price fell to support line of channel, after which bounced up to resistance line and then continued to decline.
Some time later price declined to $1.0825 level and then bounced up to resistance line of channel.
But after this, price turned around and then bounced down, thereby breaking $1.0825 level and entering to resistance area.
EUR tried to rise, but failed and continued to decline inside falling channel, and recently reached support line.
Now, I think that price can correct a little and then bounce up to $1.0825 resistance level.
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Bounceup
Bounce to HL possibly?holding the recent low is key. Back above and hold the high of today will move me toward Tgt 1 & 2. Tgt 3... maybe. Looking for double top.... doesn't have to happen, but that's what I'm looking for.
below 537, 531 possible target.
Let's see what Aug is made of. PCE 7/26, EOM 7/31
PERP, look very nice for huge profit. BINANCE:PERPUSDT.P
It was so hot. Look at its nice chart. It currently has a small bounce from its trendline and from fib 768.
With a tight stoploss , I think this will be a good setup. You can enter now or wait it retest the trendline to go in.
Enjoy! Moon it!!!
Do your own risk management.
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Patience is the key to success.
DYOR
ABNB looking to reverse a retracement LONGI look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA with
the fib levels.
Price sitting on strong trendlinePrice just landed on that trendline as shown. I just opened a long position, not a big one. I'm giving it a wide SL, If I see a nice bounce off on the daily timeframe I'll add. I could wait for a buy signal to open a position but sometimes it happens overnight and I miss it.
Correction Drop to 25k followed by a Bullish SurgeBTCUSDT may see a brief dip to the 25K support level before potentially surging towards 49K. The bullish move is still active on the weekly chart (from a previous post I've did).
So I don't think it will go below the 25K level, since the bullish power is still strong. This is for me a correction before a realy move to the top
The 25000-25800 range can be an ideal zone for a BUY.