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Majid

USDCAD; Four-hour chart!As you see, after that the chart made the pattern of head and shoulder, the price has been plunging to a pivot point, which is 1.22892 then bullish trend move up to a psychological zone (1.30000), I can see a double top pattern in 4 timeframes and see a false breakout as well, take into account that senior and the way market behaves to the price at that zone (psychological zone) I would expect that the price goes into the downtrend; however, the first zone to be supported would be both price 1.28454, 1.27650. Feel free to share your views and ideas.
Short
by maoooooo
Completion of triangle:We are possibly wrong!Bitcoin Daily ChartWe are on our way to complete popular triangular pattern. But where are we heading ? Thats the real 6500USD or 12000 USD question. In my opinion this time we are making a small mistake . The popular opinion is that upon completing the pattern we will be heading upwards and possibly it will be a start of new ATH Btc price. But i think we are making a mistake and possibly we will visit 6500-6000 level before we move upwards and the reason for that will be posted in the pics below. But i will leave it on time and people to decide which way they want to take btc. although there are many supports and resistances in the the chart above, but these are the final high and low for the upcomming bitcoin rally in my opinion. And i am not saying that this will be final btc high and we will visit 7000 level again but that highest point mentioned in the chart will be the point where bulls will be exhausted for the time being and we will will see a pull back at that point. Please Press LIKE if you appreciate my humble work. Thanks
BITFINEX:BTCUSD
by Crypto_Leverage