BTC REAL BREAKOUT POINT Bitcoin has created a microcycle against our trend and I expect huge BREAKOUT MOMENT after we break our Origin lvl 44 421. We also started to ladder up, so it´s just the effect of the time until we break this area. Probability of retouching 30K area is very low, but still comes in play.
Wait for the confirmation of the breakout: 1D - 44 600 - 44 800
Trade on your own risk, Good Luck
Czechtrader
EURAUD; Retest of support zone = BUYHello world,
basically, this analysis is based on H4 timeframe. We can see that after „ECB storm“ market successfully tested ascending trendline based on D1 timeframe. Now I expect next move UP from RESISTANCE zone, which is now SUPPORT zone. Now I am waiting for price action confirmation - i think that H1/H4 engulfing bar or pin bar would be nice signal to open this trade.
Thank you for your attention and good luck!!