Opportunity
✅AUD_CHF RISKY LONG🚀
✅AUD_CHF is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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✅USD_CHF MOVE DOWN AHEAD|SHORT🔥
✅USD_CHF is approaching a supply level
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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OP broke through!!! Get ready for an ATH!!my chart here cant be easier to read. its just to show how powerful this OP pump has shown itself to be.
Not only has it persevered and held onto support levels with ease. its managed to break all major resistance levels as an entity of its own. OP has never followed BTC or stocks with much correlation; but this is proof OP has a plan all its own!
$2 OP. feels like this should be the level to short!
A
But i believe OP will take this opportunity to soar as far as it can. Id like to imagine it will hit an ATH before this is over.
THAT BEING SAID, NO FOMO!!
if youre confident, feel free to make an entry one way or the other (long feels right to me). But be prepared for a hefty pullback before it pumps.
Ive found that when a stock or crypto breaks a MAJOR resistance level, it generally pulls back quite aggressively before launching back up. In this case, and with OP being OP, i wouldnt be surprised to see a 10-20% pullback before it makes a move upward to new heights.
And for the sake of anyone who read this...
I DO NOT GIVE FINANCIAL ADVICE! What you do with the information i provide is of your own accord. i hope you find it helpful, and i welcome any feedback and tips.
USD-CHF Swing Long! Buy!
Hello,Traders!
USD-CHF is now going down
But a strong rising support line
Is ahead so after the retest
I will be expecting a rebound
And a bullish correction
Towards the horizontal resistance above
Buy!
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GBP-USD Local Bearish Bias! Sell!
Hello,Traders!
GBP-USD is trading in a local falling
Opening wedge and the price has retested
The falling resistance from where we are
Already seeing a bearish reaction
So I think the price will go further down
Sell!
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✅EUR_NZD SHORT FROM RESISTANCE🔥
✅EUR_NZD will be retesting a resistance level soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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OP reaching strong resistance for the third timeOP has tested this resistance a few times now and has been rejected each time. A short entry in this range is my gut feeling.
That being said, OP has proven to hold onto supports quite well since its major pump thanks to news about their layer 2 protocol and progress!
if OP break through this resistance, i expect it to form a higher high. If it rejects again, i can see it falling into or as low as indicated by the arrow.