Longsignal
AUDNZD potential buy SetupAUDNZD is getting rejected from W1 Support Zone by D1 bullish "Engulfing" candle. Once D1 candle closes as a Bullish "Engulfing" we may look for short opportunities on smaller TFs to minimize the risk and increase the reward.
On H1 TF we may spot that Price has already formed Left Shoulder and Head of Inverse H&Sh pattern, also Head of the Inverse H&Sh pattern completed with Double Bottom pattern.
Once Price pulls back to test the broken neckline of Double Bottom pattern, it may also form the right shoulder of Inverse H&Sh pattern. Currently waiting for the clear confirmations and if in our Major level Buy candlestick price action pattern will appear, I will enter long on this pair with Stop Loss below the Head of H&Sh pattern
BTC USD In the next couple of HoursDear CryptoCommunity,
Here is the analyse for the 22nd of March. I think the scenario 1 is more logic with a potential coming bullish flag. BUT like we can see the volume is normal (not Low) : I am still worry about the next acceleration that can be today ... or tomorrow morning because the volume still normal but the volatility is low... Divergences?! RSI?! Really be careful
Let me know if you have questions about target price I will answer to the all CC.
PS: You can also use my indicator : Daily_Crypto_Moriceau-indicator
Best
H.M