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ETH/USD LONG - Up to 176$ (and maybe more)Hey everyone! A fresh trading year start of 2020 deserves a spot on call and I think ETHUSD has given us what we were looking for. First off, a great Risk-Reward-Ratio (RRR) with a great compliance with the Point of Control (POC) of the Volume Profile. Didn't even apply Fibs to this one as it looks primed, ready to attack - like a snake - for a further move up. Had to publish this ASAP and I'm writing this description later as the breakout could occur at any moment. With that being said, given that I felt a sudden rush in writing this to you, the call could be premeditated which leads to this pattern failing and another pattern appearing that then performs to target. In either case, you've been warned :) Take care, Vlad the Crypto Trader
BITFINEX:ETHUSDLong
by Be_Independent_Tribe
EUR/USD losing momentum ahead of important US reportsThe EUR/USD pair is printing an indecisive candlestick after a bull run last week, signaling that market participants are taking a break to assess latest news from the Fed. The USD consolidation phase may not last long as important US reports are scheduled for tomorrow: US retail sales, core retail sales, and Fed's Powell is delivering a speech. The pair will likely continue to trade sideways until markets get a clearer picture of the future US monetary policy. We're overall neutral/bullish on the pair. The price made consecutive higher highs and higher lows since May, and we've already traded the recent wedge breakout combined with a hidden bullish RSI divergence. Like our analysis? Please support us by hitting the "LIKE" button. Thanks!
by MujkanovicFX
XAUUSD Look ForwardGold has recently tapped into our weekly area of liquidity. With the strong bullishness beyond 1400, it is more than likely in these upcoming weeks that we will see higher prices. The next short term target will be 1425, followed by 1433 If we get a dip into 1398 this could present a nice buying opportunity. We will likely not get any sign of this happening until later in the week For an indepth walk through on how/why we were expecting the bullish price action to arrive where we are now, please view the June 20/June 21 recordings on our IML Tv Cryptochannel so you can see the before / after, and have a better idea of what is to come If you do not know how to find this, message me :)
FX:XAUUSD
by ZacharyHogan