Just some personal speculation on BTC movement without any fundamental basis. Accumulation starts at 8500 and below or when Yellow on Yellow happens - Fast yellow MA faces Slow yellow MA. Caveat!
Looking at the weekly chart, BTC has been regularly creating Lower Lows every month after reaching the 2019 High. It didn’t fail to create another October Lower High following the Chinese FOMO when Xi Jinping positively announces its support in blockchain technology. However, It was short-lived as BTC continued to plunge after the announcement. And as of writing,...
An opportunity to go for long in AUDUSD at the D completion of Bull Cypher and Shark. Also, a possible reversal point at the lower trendline of the channel.
An opportunity for LONG on GBPJPY. Things to watch out: - Risk off market. JPY might shoot up. - Iran-US news Caveat!
Looking at the weekly timeframe, XAUUSD has been playing around the major rejection zone (overhead supply) for a few days now. From here, we have an opportunity for a SHORT at the top of zone from the D completion of the bearish butterfly pattern and at the top border of the ascending triangle. A tight stop in case price breaks the supply zone. TP is at minor...
A short opportunity in EURJPY on D completion of a bearish Bat pattern. SL at 123.8 TP at 122.3
An opportunity to go LONG on EURUSD formed from a bullish Cypher and Shark pattern with a possible bullish divergence. TP1 R:R of 1:1.2 TP2 R:R of 1:2 Caveat!
GBPUSD long opportunity on 2 entries with SL below red line. TP1 and TP2 set on 38.2 and 61.8 of Fib respectively.
A short opportunity for Gold from a Bearish Gartley and deep gartley pattern.
A good opportunity for a long in TRX. Price is currently sitting at 800EMA and consolidating nicely. Coincidentally, It is also the 0.5 of the Fib retracement and has already formed a bullish divergence.
Approaching major support zone at H4 TF. Trendline and 800EMA also acting as support. Possible TP1 and TP2 at upper resistance and channel.