Forextimes
USDJPY started to fallHello Friends!
As i say in past ideas, USDJPY will begin to fall when touching this key line. In addition to the resistance line, the price also reached an important resistance level of 108.2.
I expect a fall to at least the support level of 106.7.
Wait for the Sell pattern and open the short
Time to choose, Bitcoin.Hello Traders!
Here it is, the key point.
The price is clamped on both sides and now she needs to make a choice. From below, the strong support line doesn't allow Bitcoin to fall, and from above the resistance line doesn't allow to rise.
In case of breaking through the support line, I expect a quick impulse down to the support level 8940 near the support line.
If the price breaks the resistance line, I expect a more smooth growth at least to the resistance level 12000 (at the intersection with two resistance lines)
Time to buy GOLDHello Traders!
XAUUSD has almost reached a key support line.
Gold is still in the upward channel and until this line is broken we will consider longs.
It is logical to buy from this line, and the first target will be the resistance level 1522, the second target - a strong resistance level of 1555.
EURUSD at strong resistanceHello Traders!
EURUSD is near strong resistance.
Firstly, there is a strong resistance level of 1.1112 which has been tested many times.
secondly, two lines of resistance. Plus, the trend remains falling. We are looking for sales to the support line. The price may once again rise to this level of 1.1112, after which it will go down.
GBPUSD targetHello Traders!
GBPUSD has broken through the resistance level 1.239 and is now moving up to the top line of the downward channel.
The price should reach this target at about resistance level 1.257, so I expect a pullback to support level 1.239, from where you can search for longs to our target.
Feel free to write your opinion about GBPUSD in the comments
EURGBP good middleterm dealsEURGBP should fall like hell.
This pair has been growing since May 4th without strong corrections.
There was no such strong growth for 2 years.
Now the price in the sales zone, touched the resistance line on D1 and made a false breakdown of the resistance level 0.8985.
BXY (pound index) hit a 2-year low.
3 scenarios for a medium-term deals:
1) Go to the resistance level 0.8985 and fall to 0.888
2) We break through the support level of 8956 and enter on the rollback to it with the target of 0.885
3) We break through the support level of 0.8956 and go down to the level of 0.888
BTCUSD Trading Plan for tradersJust what's important:
support lvls 11100 and 10320
Target - D1 support zone 8900 - 9360
4 support lines (blue color)
Short zone 11900 - 12400
Short after break support lvl 11100 and rollback to it.
Stop - 12100 (sell zone)
Target 1 - 10320 (support lvl h1)
Target 2 - 9400 (support zone d1)