MyBtcZoneOfficial

MyBtcZoneOfficial

GOLD is recovering from deep retracement. Price dropped below 0.68 Fibonacci level. Currently price is heading towards major resistance level and I will be selling gold for short period. My entry will be 1860 resistance area and my target will be around 0.38 fib level around 1824.

MyBtcZoneOfficial

AUDJPY is in downtrend on 4 hour time frame. Last week price closed below previous low 82.261 and made some recovery to 82.846 resistance level, but pushed downside. I will be taking sell trade once market retraces to 82.482 fresh resistance area and my target will be 81.394 support level.

MyBtcZoneOfficial

EURUSD made new low this week, pair is in bearish trend. Currently price is heading towards major resistance area 1.18566. Price will be possibly pushed to downside from this level. I will be taking this trade once pair reaches 1.18566 resistance area and my target will be 1.7743 support area.

MyBtcZoneOfficial

GBPCAD was in choppy market since last week. However, market is showing bullish pressure and price heading towards 1.74340 daily resistance level. I will put buy trade once market retest 1.73001 support area. My target will be 1.74340 resistance area.

MyBtcZoneOfficial

EURGBP is under bearish pressure and price is heading to 0.84784 support area. I will take sell trade on this pair once price retrace to 0.85406. This will be my entry area and target will be 0.84784 support level.

MyBtcZoneOfficial

AUDNZD dropped 80 pips in last four hour. This was big drop as their was no liquidity. Price will retest 1.06077 support level and will possibly make some recovery from there to 1.7194 resistance area. However, price could break this level and drop to 1.05418 support area.

MyBtcZoneOfficial

USDCAD is making bearish head and shoulder pattern. However, the pattern is not complete yet. If price drops below 1.24424 level and candles closes below that level, on retrace back to same level I will be putting sell trade and my target will be 1.23663 and 1.22989 support levels. Head and shoulder pattern plays with 80-90% accuracy if properly identified. I...

MyBtcZoneOfficial

USDJPY ready for a drop .

MyBtcZoneOfficial

GBPNZD is in uptrend on 4 hour time frame. Price around 1.99579 resistance area, and will possibly make some retrace to 1.97717 support level. 1.97717 will be my entry area for a buy trade and my target will be 1.99579 resistance level and if price manages to break this level then my next target will be 2.01669 resistance level.

MyBtcZoneOfficial

EURJPY making sell trade setup

MyBtcZoneOfficial

Head and shoulder pattern bearish market structure, what else confirmation you need to trade.

MyBtcZoneOfficial

AUDUSD is in bearish trend, market structure is also bearish. Currently price 0.74802 support level and price is heading to 0.7374 support level. I will entry for a sell trade on this pair once market makes small retrace to 0.74802 resistance area, and my target will be 0.7374 support level.

MyBtcZoneOfficial

USDCAD made a 190+ pip bullish move yesterday. Price retested 1.23065 support level and shot to the upside. Currently price is retracing. I will be selling this pair around 1.24574 level and my target will be 1.23663 and 1.23065 support levels. Price created an imbalance with long bullish candles that is why I am expecting a retrace.

MyBtcZoneOfficial

GBPCAD broke 1.71629 major resistance level yesterday. Price retraced to same level and was pushed to the upside. Currently price is above 1.71629 support level. I am expecting price to reach 1.73001. If price stays above current support level, I will be buying if market shows some bullish pressure. My target will be 1.73001 area.

MyBtcZoneOfficial

GBPCHF Analysis: GBPCHF is at a major resistance level 1.27830. If price breaks this level and full body candles close above that level, on retest back to the same level I will be buying. This is a strong resistance level. Going to wait for clear bullish pressure.

MyBtcZoneOfficial

AUDCAD Analysis: AUDCAD is making a recovery, currently price is at resistance level. Overall trend is bearish and if price shows bearish pressure from this level I will be selling. My target will be 0.96864 and 0.92558 support levels. However, if price breaks this level with full body candles, I will be buying. My target will be 0.94506.

MyBtcZoneOfficial

EURCHF recovered back to ranging zone. Price broke 1.09317 resistance level and will possibly reach 1.09826 support level. I will buy this pair and my entry area will be 1.09317 support level. My target will be 1.09826 resistance level.

MyBtcZoneOfficial

AUDUSD is making bearish market structure. Pair is under bearish pressure and could go for long-term down trend. Candles closed below 0.74802 support level on smaller time frames yesterday. Price could fall to 0.73745 support level and in long-term it can fall to 0.70159. I will be putting sell trade once market some retracement to resistance level.