BTC/USD will possibly go down to finish 5th wave. After it B wave in the big correction will start. Bigger view is here:
EUR/USD can possibly shows growth after ending 2nd Wave on the 0,786 fib lvl. At this level price also has big support.
Looking at the log scale of BTC/USD it could be supposed that BTC did not reverse and we see just a price rally in a protracted correction (4th Wave) that can continue till the September'18. In this period we probably will see several ups and downs and finalluy will see price of BTC at the 0,786 FIb level (round 4,5k). Some people call BTC as CRYPTOGOLD, so I...
I've made full review of BTC/USD pair after 17.12.17 (ending of THIRD wave) when it began to fall. It looks like we have big correction to previous wave from 17.12.17 to 06.02.18. It made Zigzag ABC and have structure 5-3-5. After it began to grow and 20.02 we saw the end of the FIRST wave in the BIGGER FIFTH wave (THIRD wave finished at 17.12.17). Now it is in...
Wave "a" is probably finished In pair AUD/CAD, so it is a good point to short it with small stop-loss. Weekly view here:
Monitor BTC/USD and wait for ending 5 wave, than long. Previous forecast here:
As expected, BTC can check lvl 7200, or even go deeper. Previous trading forecasts here:
USD/CAD can show 5 wave. It is similar to pair NZD/CAD
NZD/CAD is in the uptrend and now is a good opportunity for entry with small stop-loss and good profit.
I expect that BTC will check lower level at 7200, where a good opportunity for long. It can go there by two ways: directly from current level (if 4 wave has been finished) or after retrying level 10200 (corrective wave is not finished). BIgger view here: What do yu think?
Looks like EUR/AUD can fall near future. Now it is not absolutrly clear is it prolonfation of "5" wave or "5" wave makes an ending diagonal.
Pair EUR/USD is finishing it's growth part and preparing for big fall. I suggest to monitor this pair and maybe if you are risky to open little long position. Bigger view in the comment! What do you think?