Many traders are looking for a 30k as a price target on bitcoin, but I don't think so. Since the first bear market was very sharp and now the uptrend looks pretty much as a B Wave (too flat) I assume that there is a huge possibility for a new bear market coming (C wave). This C wave could be pretty sharp as well or just keep scrolling down very slow, so we need to...
Possible C wave on the making to complete a running flag before continue the uptrend
After the huge crash of the price of the oil, the market structure complet a perfect B wave, so I expect the develop of a C wave that could reach at least the last top (77-80$ levels)
Is very likely to see gold reach the 1450-1460 levels in the next few hours/days
Clear defined running flat ready to drop
XRPUSD have a good possibilities to retest the previus low before spike again.
gbpchf is developing a possible 3 wave structure before the uptrend continuation. I expect a down move in order to compete the corrective structure
3 wave structure is complete and gbpchf is heading to the upside
Possible wxyxz before the downtrend continuation
Nzcad is already at the top of corrective structure and is heading to the downside.
Audusd is starting a uptrend in 4h timeframe, I expect a move at least to the trend line and if it break, a huge movement to the -27 fib.
This Structure tell us that the AUDNZD is ready to start go down, I expect downside moves at least to the trend line, and if bounce in it, could make a new high before totally fall
I´m waiting for the break of the top in order to complete the corrective structrure and look for sell opportunities
I look for the chance to go short in this pair, great structure and Well defined prz, all in the end of a big corrective structure in major time frame
Good reacton at the PRZ, that´s a great oportunity to go short in this pair