Bitcoin bulls!.When will it star it? From where should l start looking for buying Bitcoin?
the 41k will be very good entry.
I am very much bullish on 43k.
To get the general idea everything is on the chat!.
#Coinboy.
Thank you for following.
Positivetraders
EURUSD
This pair is currently pushing up towards an area I consider to be a Daily Resistance Zone (Green). This is a level that has been tested multiple times by this market in the past and is a level that will possibly cause a nice drop out of this market. Because of that, I will be looking in this area for possible short/selling opportunities.
Daily Resistance Zone (1.11370-1.11540)
It's now of never for USDCAD bearsThis is the most logical setup imo. Of course anything can happen, use proper risk management.
DXY weakness comingWell if you see my other recent trade ideas just posted (AUDUSD, EURUSD, and USDCHF) I'm expecting US Dollar weakness. There's a lot going on on my chart but I don't care it's what makes sense to me. Main focus is the major exhaustion candle formed last week. Also talks of the 4th rate hike not happening this year anymore could cause some trouble for USD. I'm only looking at shorting USD at this point. Invalidation would come into play if higher high's are made.
Imminent downside?Based on technicals and confirmation on daily and weekly charts I believe the most favorable scenario is downside. Targeting 75.00 zone.
Possible USDCAD setupIf the other 2 ideas I posted on DXY and EURUSD work, this pair would follow suit with this similar setup.
Bulls giving up?I believe DXY is gaining bearish momentum. Many technical and fundamental indicators. This will pull USDCHF back down and push EURUSD up. Also just looking at USDCHF from a technical perspective alone, we are rejecting off of parity which has proven to be a major supply zone and we're seeing bearish continuation patterns. In my Telegram group I called EURUSD bottom when we broke yearly low's on November 12th. t.me
EURUSD bottom. Targets up.Check my other post with USDCHF and DXY, this correlates to those, mainly stemming from DXY weakness (99% negative correlation). US Dollar is showing major signs of bull weakness which will drive EURUSD higher on a weak Dollar. These are my targets based on TA. I called this bottom in my group over a week ago when price broke the yearly low's (fake breakout). t.me
AUDUSD low-risk buys happening nowCalled the bottom in my Telegram group in late October. Easy Wyckoff Method spotted (accumulation, then spring). Now currently in the markup phase a re-accumulating for low-risk buys. From a standalone TA perspective this pair broke the major downtrend of this year and AUD itself is oversold. Expected price target is shown above. t.me
Last push? 1.1900 inbound?1.1900 could be the next target for EURUSD. Still overall bearish but in the coming weeks could see another 200+ pip rally from the bulls.
Will we see 1.3400?This 5th wave is a likely scenario. The first 2 impulse waves (1 & 3) measure about 830 pips. The current wave we are in (5) is likely to see a push of about the same 830 pips putting price at about 1.3400. We're able to get a 4.2 risk-reward on this trade. While we see upside on this pair we should see downside on Gold XAUUSD
Possible downside?Textbook bear flag. Expecting support to break and further downside along with this and GBPJPY.
Look on the Bright SideLook on the bright side, it can only go up from here.
Remember to buy low and sell high for much profit.
Correction coming?NZDUSD is at a major supply zone and finding selling pressure (large bearish engulfing daily candle). If the mild USD strength continues expect this pair to continue dropping.
Support trendline holding. More UPSIDE?Very strong support trendline tested and rejected yesterday. Potential further strengthening of this pair to previous highs then possibly higher. Be aware of high impact USD news in about 12 hours.
Option A or BGU is still in the ascending wedge and looking to either continue the uptrend of break out to the downside. Based on GBP weakness my bias may be more to the downside but let's see how this plays out. Sell on a breakout to the downside & retest
Bulls taking control?Another rejection at this Daily trendline. If US Dollar weakness ensues, expect gains on this pair.
Downtrend continuation?Based on technical Price Action this pair could see further weakness. Weekly candle close of last week looks very convincing for further downside.
Further Weakness in Dollar?Based on this technical bull flag we could see the 1300/1310 level reached if current highs around 1290 are broken. Also with bearish remarks from the Fed this could give us the catalyst to put Gold back into the 1300 range.
Downside Potential?From the major trendline we can see a break and retest of former support, now resistance. Look for a continuation of JPY strength and downside on this pair.
Breakout to the upside?Consolidation looking for a possible break to the upside. Recommended to use a buy stop to catch the breakout.
