We should expect that BTC will form a MA20/MA50 Bullish Cross to search for highest level by the end of the month.
Since we didn't cogently reach the 4544.8 level (which correspond to 38.20% of Fibo 1), we cannot estimate to gain the next level, at 5026.9. This retracement was applied on the down trend starting from 24 Feb 2020. After that, I applied Fibo Retr once again on the up trend starting from the 19 Mars 2020, to its actual highest level 20 April. If CAC40 breaks...
Already triple bottom reached, and the Breakpoint at 392. it's time to search for its highest level.
Applying Fibo Retracement 3 times allows me to know some interesting support levels. At (i) level, after applying 1st Fibo Retr, the 69.8% level (1455.2-) is very significant, because it appears as 100% level for the 2nd Fibo (ii), and as 161.80% level while applying the 3rd Fibo (iii) . (It could be explained by the increasing trend respecting Fibo level). The...
First post in trading_view, let me know in comments your ideas regarding USD / JPY.