BTC/USD Looking For Final Leg DownBTC/USD has been trading in a downtrend these last days. I am expecting another push down before buyers start accumulating around 1/3rd of its highest selling price. Entering short as close as possible to $8600 with stops above $8800 and looking for 2R/3R targets around $8000-$7600 seems reasonable.
Fiboextension
OIL FIBO EXT SHORT SETUPGet ready to open SHORT at FIBO EXT (especially for 1.414 and 1.618) according to the candle reaction.
Please aware of the key thing is that we need to pay more attention on the target/retracement of this SHORT setup, need to make sure if the breakout is true or not. In case true, then the AB=CD in weekly view will be confirmed, have a nice weekend ;)
GBPAUD (60) Bearish Bat Completing Soon Bearish Bat making its final path towards the D leg completion. We also see a potential bullish gartley in the extension.
We have lots of material to building a case here, previous structure (repeatedly) multiple fibo confluences together with this Bat pattern. The earlier previous lower highs also contributes to our case. (seen from a wider perspective)
Well, we're not at the D completion yet - but lets wait and see! My if-then is at least locked and ready.
Entry, targets and SL marked.
Lets see if we get filled.