Bitcoin may turn to bullish sentiment!!! Bulls defend it!!!In this timeframe, I want to bring you the chart and also, we can to closed up our short position in Bitcoin in the $10,670 USD, that could be a mini-target profit, but nor much, if Bitcoin goes to the $10,670 USD, inmediately we need to take decision to if there will being a bull candlestick of confirmation to buy Bitcoin again.
As yesterday, I present this bearish rising wedge in H3 timeframe. Right now, we could be a possible bull trap on the zone of $10,670 USD if in case that this scenario doesn't break down, becuase if this zone going to break down we could see a drop until the $10,200 USD again.
But right now, as we are making a pull back in this rising wedge, the sentiment of the market could be to chances bullish if the price continue increment!!!
Now, lookin in the H4 timeframe, the trend is clearly bullish, and as we see in the early a drop of 1.50% taht incluse Bitcoin was in the $10,650 USD in the early on the New York Time, we could expect that Bitcoin is leading to the $11,000 USD again.
I will notify here if Bitcoin is goes to the $10,670 USD to then, hope the confirmation bearhs or bullish!!!
In summary, the most probable that Bitcoin do is to up and cheat the bears!!! Because we could see another chartist formation called ascendent triangle!!!
Priceactionstrategy
Alert: Bitcoin formed a bearish rising wedge in H3 timeframe!!!I hope that the Daily candlestck is goes to closed up as in H4 timeframe. Right now, we found in H4 timeframe that we see 6 doji of indecision and that cause a lot confussion oft the trend. I believe that demand supply is weakness becuase we see a squenze of candlestick of indecision formed dojis. Also, I add the MACD in H4 timeframe and we see the volume is losses boughters and bears could be to take the control!!!, So, it's very important to know this manipulation!!!
But, watching in the H3 or H2 tiemframe. The H3 timeframe is better, because Bitcoin is formed a bearish rising wedge if you link he points. Well, also and noticed that MACD are losses ther boughters volume and it's so enarly to the sell croosing, that could be another data as sell Bitcoin.
Well, we see in general that demand is fighting with supply and both created a lot confussion on the market, remember that this squenze of Dojis has the highly possibility that the trend make a reversal again when the price come.
Long Opportunity: Gold make a pull back to up!!!
In Daily timeframe, Gold is formed a possible bearish channel, but now, very important is that Gold make for long-term into a bull rally. Now, as in the past Gold was into the simetric triangle, so we are now going to make the pull back to the $1910 USD.
Now, in H1 timeframe we see a big candlestick and we hope a entry. So, I put a long order limit at $1964 USD. Also, I use the Fibonacci and we hope another entry to this opportunity!!!
Good luck!!!
Remember be inteligent management your capital and your risks!!!
We hope that New Zealand have good news for the interest rate!!!Today, we have 2 news of New Zealand Dollar:
1. Reserve Bank of New Zelanad Interst Rate Decision
2. Reserve Bank of New Zealand Rate Statement
Both news, I hope a good result and recovery in the New Zealand economy
Looking in the technical analysis, we see that Australian Dollar don't have force to continue up, because as we could see a possible sell-off, so i put in short position, but I put 2 position using a sell order limit.
1. The first entry it's in the $1.0826 NZD IF there will being manipulation.
2. In case that touch my SL, so my second entry will being in the $1.0850 NZD
Because when this manipulation occur, we need to take an advantage to earn in the speculate news.
So, in general, we see taht Australian Dollar is into this bearish channel and this apply that we going to down more. So, my own take profit it's $1.7314 NZD approximately
And finally, looking the Dail ysituation, we continue drop!!!
AUDUSD Short Opportunities Looking to short this pair near its smaller channel it currently is in if momentum slows down. Or we wait for price to make a solid third touch. It is important to know HOW we reach this third touch however, because if we get there impulsively we must wait for price to make a fake out and we will enter off any continuation signals. If we get there slower in a more consolidated format, our chances of falling this week increases dramatically.
My NZDUSD outlook for the WeekThis week of September for NZDUSD is seeming to reach its third touch in a corrective manner. Previously we almost made a third touch but with news and continuing momentum price had fallen. Now that we are coming back up in a corrective way we can look for Short Opportunities to the downside, targeting the bottom of the bigger structure.
Bitcoin is forming a simetric triangle!!!In this analysis, in H1 timeframe Bitcoin is formed a simetric triangle, and also, that mean a possible continuation of the trend, in that cause is bullish, meanwhile Bitcoin is going to consolidated into it, we could see a mini-altseason in altcoins.
Now, in H4 timeframe this is the key trend, we continue bullish and we see the simetric triangle so clearly!!!
Also, more interesting is that Bitcoin is into this bullish channel that I could to mark in the extreme points of lower higher in the key, you can get it and it's explain that bulls are still bullish, not bearish!!!
Also, in H4 timeframe we see a bearsh divergence, but that is the price that make a little correction, but that not mean that Bitcoin is go to down, that is natural in the market do to a correction when they're weakness of the bullish or bearish trend and then, it's neccesary a correction before to continue it.
I'm still in long position, but I changed my perspective and I put a target profit at $11,387 USD, and I move the SL at $10,717 USD.
Good luck, just be patient of this analysis!!!
Bought of U.S. Dollar: Fundamental AnalysisHello, this week U.S. Dollar is into the recuperation and we see that United States it's go to benefit the American currency.
In Daily we see a descendent triangle, but the expectative for medium term is bearish, but for now is long in shorting term
That is exactly what I explain in H4 timeframe!!! And also, if you noticed in H1 timeframe, we could see another thing and that thing is a Shoulder Head Shoulder inverted, that is a possible formation to see in the next hours.
Now, the objective it's just to find up 120 pips, its a good profit for us!!!
So, I put a buy order limit at $104.70 JPY with a SL at 25 pips and my profit is 120 pips
Good luck,
Long Position: Bullish Rising Wedge = 170 pips to pick up!!!Hello, I want to share a series of screenshoot that is interesting to explain with clearly whey Australian Dollar/ New Zealand Dollar is go to leading to up!!!
On weekly as we are into this descendent triangle, don't recall that we are in the supply zone!!!
On Daily we see that AUD/NZD is reach in the exact demand zone, and investor are buying AUD!!! So, this is a good news that Australain es into the recuperation and we would allow to following the Australia's trend economic.
One of the most interesting analysis is the studies of the Elliot Wave Analysis, that study that I making, it's show that we could see another formation of bull trend, in that case is a strenghten of the AUD
That screenshoot is also interesting too!!! Because that is so one of the screenshoot that explain so clearly how we are into this support line that in the past was resistance line, it's will retest 3 once and we see that AUD is go to prepare to up!!! And also, in the second screenshoot we see a importank green level if you want to consider this position to put in long!!!
And finally, we are in this bullish rising wedge, so guys, I see that the trend is goes to up and then, we hope it!!!
So, the only confirmation as the AUD is broke down the rising wedge, that could be a fake movement, and then, it's could be manipulated if you put a short position!!! Beware of it, because the trend is wanting to make a change. And the most is to hope, and please do not put any long position yet until we confirm with a bullish candlestick formation.
So, I will going to updated this par!!! As tomorrow the Forex's market it's will closed up, so in case for Sunday we could to take this analysis when Forex's market open up!!!
But waiting for some hours until we cofirm it!!!
The trend is your friend: Sell Australian Dollar!!!In this analysis, we sell Australian Dollar because the U.S. interest rate and that cause that United States is go on to the recuperation.
But, it's suppose that in H4 timeframe we continue up, but as the U.S. recuperation, the Australian Dollar it's goes to the sell, also look that we are in the bearish channel and we continue sell for the trend.
My objective is just find down 80 pips, I entry in the $76.56 JPY, and that we are in short position. So, still support this idea.
Also, more intersting is this timeframe. So, I will going to updated tomorrow!!!
BTCUSD D1 Live Forecast Up DirectionBTCUSD Respect trend line high chance this trade goes to bullish