Smartmoney
GBPNZD: Bearish Continuation & Short Trade
GBPNZD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPNZD
Entry Point - 2.1703
Stop Loss - 2.1759
Take Profit - 2.1602
Our Risk - 1%
Start protection of your profits from lower levels
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BTC - Strong Historical Resistance at $107,000 USD. Bitcoin is currently hovering just below a historically strong resistance point which has existed going all the way back to the December 2017 high. On this current cycle, that level is $107,000 USD. If its going to break that resistance for the first time in almost 10 years its going to take a lot of smart money to do so.
Be careful going long here. If you were going to make a bet at this level, short BTC would have a higher probability of success.
On the other hand, if BTC is going to break this historical resistance line, it would be during this cycle, so don't count it out. I'm a long term holder so I'm not sweating it, but this price level is not the place to make crazy bets in my opinion.
Trade with caution. Watch the news and ask yourself, why do they want me to think one way or the other and if I take their view how would that benefit me. How would it benefit them?
AUD_CHF SUPPORT AHEAD|LONG|
✅AUD_CHF is about to retest a key structure level of 0.5660
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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Why Bitcoin What is Happening?!Dear Gents,
I hope you are well and enjoying profitable trading.
Lately, a Higher TF Order Block acted as Supply price. Causing the market to shift its structure.
There is a high probability Order Block, at Demand price 93,700, that I am speculating. It is very possible that the Buyers pressure will increase at that price due to Psychological patterns.
This is simply a correction for the 1h Trend, and another confluence is that the OB is at a Discount Price, particularly presenting an Optimal Trade Entry.
I am personally in a Short Trade down to 93,700, and I have a Buy Limit position waiting to be triggered at that level.
Let me know your thoughts, and good day to you all.
ETHEREUM Strong Resistance Ahead! Sell!
Hello,Traders!
ETHEREUM keeps growing
In a strong uptrend and the
Coin is locally overbought so
After it hits a horizontal
Resistance level of 3975$
We will be expecting a
Local bearish correction
Sell!
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Check out other forecasts below too!
EURNZD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The price is coiling around a solid key level - 1.7840
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7895
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK