Octafx
BTCUSD Monthly View BTC on retest mode and it really need to induce buyers in order to give a great move on short.
Monthly View BTC shows how great move it is since, because of "DXY" Dollar weaken time and now "DXY" Dollar has gain strength and take a ride up, let's be positive with this and see the outcome on BTC 👍📉
GBPUSD SHORT OPPORTUNITY There is a descending triangle breakout happened on GBPUSD at 4-hour time frame, but there is also a strong support at 1.36780. So, if the price is able to break that support then you can Open a SHORT entry with the target of 1.34950 or 1.2 risk-reward ratio.
REMEMBER: Always do your own analysis before entry & take 2-3% risk per trade
HAPPY TRADING
EURUSD 07:03:21EURUSD had a bullish drive up to an all time year high in January{1.23493}. A background USD strength had brought about a bearish EURUSD trend. The (1) impulse wave had been completed, followed by the (2) wave retracement, confirming an Elliot wave pattern. Although the (3) impulse wave is still yet to be completed, a bearish reversal pattern around previous resistance zone (purple) should be looked out for. A long direction could be safely entered in a 4H time frame with a SL of 30 pips from entry point and the trade trailed up to 76.4% fibonnaci retracement of wave (3).
USDCHF 30'' 20''USDCHF Pair still has a huge tendency of continuing in a bearish trend. The price crossover below the 100SMA also gives room for a retest. The Intraday time frame(H4, H1) shows an oversold zone in the RSI. I would most likely bet on a profit target of 40 pips away from 0.88253 and a 30 pips stop loss in the buy direction.