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Sellsetup

AUDJPY Forecast: Fib Retracement Level and Support ConfluenceThe AUDJPY is currently in a downtrend on the 4-hour chart. On the 1-hour chart, it has broken a significant trendline and a key support level at around 88.600. I'm anticipating a retracement to this level, which also aligns nicely with the 618 Fibonacci retracement level of the latest impulsive move. To monitor price action at this level, I have set up an alert. However, I won't enter a trade immediately upon reaching this level. Instead, I'll be observing the price action closely before making any trading decisions.
Short
by natron
Bottom found for bitcoin Final too I see and expect 30-35K at least for a long drop. Feds are still raising interest rates but will do 1 more in May. The economy are feeling the pressure of the inflation but very shaky; Unemployment is nearly almost 5 percent but might expect to hit 10 percent as the recession are coming hard landing; something bigger going to break but buy Bitcoin Wisely, choice hard to sell the high and buy new entry with big money until bitcoin hits the bottom. Russia and China teamed up in Ukraine even Belarus just made a nuclear threat.. World War 3 will start soon and big feeling Putin will start it off using nuclear weapons. Wonder what will happens next it is coming closer than we think will be. Now the news out of the way .. bitcoin is near at the resistance if it breaks out it will not go fully as we speak because the Feds still needs to finish the job to bring the inflation down. Bitcoin has to hit 30-35K in order to complete the correction and will expect Zig-Zag bearish structure and sideways consolidation; * HINT,HINT* bitcoin will forcefully collapse to drop down into a recession. Bitcoin bull run won’t start until 2024 and until also Feds finish the job. Bitcoin halving takes place in 2024 of April. Short buys and sells will still on a go ; trade safe and economy isn’t really in a good shape.
BITSTAMP:BTCUSD
by JoyBoyVegae
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