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BTCUSDT 1D | Bitcoin market overview: Attack on resistanceHello, dear subscribers! In the previous report we have looked at the current up trend, we have marked the current support and resistance areas. The current bitcoin price is $11,860. At the moment the buyers are attacking the resistance zone $11,800 - $12,000. If the resistance zone is successfully overcome, the next bull's target will be the zone $12,300 - $12,500. In this review we consider the daily chart, fixing the price above the current resistance zone will be relevant at the close of the day. This approach will allow to filter out false shots of the price up or down. Subscribe to the channel and stay with us!
Long
by CatalystsFinance
GBPJPY Weekly Market Analysis. Inverted Cup & Handle Pattern.GBPJPY formed a beautiful Inverted Cup & Handle pattern along with a Bearish Flag pattern in 1 day time frame. After that price broke both the patterns with high Bearish momentum and is now on its retrenchment move and almost retesting 0.61 or 0.78 on the fib levels. Thus indicating the price to go short in the long run. Draw an uptrend line in a lower 4hr time frame and wait to enter when price breaks below that trend line on a lower time frame. That would make your entry much more safe. FX:GBPJPY
Short
by fxtradearmy505
USDNZD on a falling wedge? 🦐USDNZD has found resistance on daily trendline and created a double bottom over it. The market recently has been moving in a falling wedge formation and market found resistance on the possible break area around 1.51 area. If the market will manage to break and close above the 4h structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
4
BTCUSDT 1D | Bitcoin market overview: Bull's victoryHello, dear subscribers! In recent days, the bulls were able to develop a large-scale attack and push the price of Bitcoin up to $12,123. In the previous review of the bitcoin market, we talked about the bulls approaching the $9,700 zone to attack the bears. After strengthening above $9,700, the bulls rose rapidly to $11,300 and then to $12,100. At $11,800-$12,000 there is a resistance zone, to overcome which the bulls will have to accumulate strength. At the moment the price of the Bitcoin is $11,230. We remain in ascending movement. Yesterday the sellers succeeded in dropping the price to $10,500, but it was just a downward correction movement, successfully bought out by the buyers. Subscribe to the channel and stay with us!
Long
by CatalystsFinance
1
EURNOK look for a retracement? 🦐EURNOK has been moving inside a discending channel between the orange trendlines. Lately the market has move inside a minor channel and currently is consolidating below a daily structure. If the market will manage to break and close above the structure we can set a nice long order according with our strategy . ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Long
by InkyGrip
AUDUSD; Monitoring a possible short trade at daily resistanceThe market has memory and it returned back to an interesting daily resistance. It has bounced on it several times so we are adding the odds in our favour. We have to trade what we see until the market proves us otherwise. Currently, I don't have any setup yet as I'm patiently waiting for Price Action at a level but its definitely in my watchlist. We may be one day away for a possible setup if occurs. Please, be patient. Happy Trading
Short
by Fractal-Trader
1