Impulsewave
Possible Downside to Bitcoinhello traders
Bitcoin is still inside the wall of sellers and it is possible that we will get another bearish impulse wave, so we are now looking to sell, but there are conditions for executing a sell trade
First, the level of 19858.98 is not broken
Breaking the last wall of buyers, and the reaction of buyers after the break is corrective, and sellers also overcome it
If these conditions are met, a sell trade will be executed to target the level 18568.12
The potential downside of goldhello traders
There is a bearish impulse wave and we have a correction in the form of running flat. It is possible that we will get another bearish impulse wave, but the sellers must break the last wall of the buyers and the buyers' reaction be corrective after break and the sellers overcome it as well
If these conditions are met, a sell trade will be executed to target the level of 1611.500
EURJPY Short from resistance - +200 pip potentialWelcome back! Let me know your thoughts in the comments!
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Possible Up Side of Bitcoinhello traders
In today's session, I bought bitcoin, the target level is 20460
Analysis We have a strong support and resistance level centered below the purchasing liquidity and we have an upward IMPULSE wave and a correction pattern that I expect to be running flat and we will get another bullish impulse wave