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H1

Potential Bullish Bat forming on the EuroDollarLooking at the H4 chart (just a little cleaner than the hourly but still valid on both), we could be potentially tracing out an advanced bullish bat pattern at the moment. If price action makes its way down to our entry at the 88.6% Fib on the chart then the pattern would be complete and you could enter long looking for targets 1 & 2 at the green lines on the right. We also have a nice even handle number in that region (1.2200) and some fib extension confluence as well, but just wanted to keep it simple with an aggressive pattern entry idea here for the time being. Let's see what happens! **As always, this is just an idea, you take responsibility for anything you do off the back of this.
Long
by bmck1
BTCUSD_H1_Monthly key levels_Waiting momentumThe H1 chart figure out that the relative bull strenght is becoming weaker, anyway, i don't use to invert anticipating , so I suppose that we can reach the first Key leves near 11.000 US Dollars and after a good pullback and a short momentum setup, i think that the levels mentioned below 10.500 (in the related post) will take more sense. I'm talking about short positions cause BTCUSD presents a clear bearish channel , and until it will not violated the trendline drew on the Highs point , i prefer to consider short positions. If there will be a deep rising above the bearish trendline, i'll consider my long setup and analisys.
BITFINEX:BTCUSD
by E_Trade