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Thursday

EURAUD: Short From Now Hey guys, we are looking at the EURAUD which is currently at the best zone for shorting it. I drew a down trend line where it stays in the 4h for now. Also price is in a first level of consolidation, marked in the yellow box. The high of the box is my favorite 6.81 fibonacci level. Paired with the trend line and the wicks formed in the 4h chart its actually the best moment to short this pair. Using proper risk management and stop loss above those levels price could move a lot lower. Same situation as on other pairs we are in right now. Gonna link them below. Hope everyones week is going great so far.
Short
by darian_fx
Bitcoin: BTCUSD Trade Points Thursday Bitcoin Coinbase Update A wild night of opportunities has unfolded. Once Bitcoin broke the little channel it was left tracking at around 01:00gmt/20:00est it came back to testthe underside of the same minor parallel at 6800 before falling away ...right back down tothe bigger parallel which was forecast to halt all declines yesterday. It did exactly that in a technically perfect display of parallel power all day long. And then, once it breaks free of the parallels holding it down at the lows it powers back up (long triggered here, ideally) and then moves between the blue lines of fixed resistance as it pushes higher. It's now touched the 6900 next long trigger and should consolidate here back to 6850 and to the dynamic underpinning today's rally - has to break that dynamic to trigger a short from here with stops above the dynamic. And on upside it now has to break above 6910 and hold up at 6900 on retest to trigger next long with stop 50 or so lower.
COINBASE:BTCUSD
by sumastardon
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