EUR/USD POTENTIAL LONGSAs predicted we came down from ECB news down to 1.108-1.1100, down to the key trend line. EURUSD is now rejecting this trend line + 200 EMA + 50% Fib. Swing traders should look for tomorrow's news FOMC for a break past the 61.% Fibo and a break of the downtrend line shown. NEEDS TO BE CONFIRMED FOR LONGS!!!!
Positivity
BTCUSD3M Possible stophunt prior to move higherThis is what I'm looking at for BTCUSD3M on OKcoin.
We have the area 360-365 which is a +OB, nice confluence with FIB OTE.
We recently made two pretty much equal lows.We should have liquidity below, people who got in at +-360 and moved there stops below these recent lows are an easy target for the MM/woodchipper. If we hit this area and trade away from it agressively it's a very bullish sign.
Stall there and break 359 would mean looking for the next targets downwards imo.
Feedback welcome.
ALERT: GBPUSD Bullish Deep Crab Completion.Updating the earlier posts about this bullish deep crab pattern, prices have now reached it's PRZ and completed this deep crab. RSI is showing oversold condition. However, as of this post, I am waiting for a bullish candle close on the hourly chart to take the trade. Prices may penetrate deeper into the PRZ before reversing as is usually the case with extension patterns like crabs, butterfly's and sharks.
Doing so will also decrease your S/L and increase your R;R.
Good luck!