linofx1

linofx1

​​ It looks like 🔻Bitcoin broke a major weekly demand cluster to the downside. Weekly candle close below is a very important bearish clue and it signifies that sellers are willing to push the market lower. Here are the next two major supports on focus: 18870 - 19815 narrow demand area based on 2017-high. 12468 - 13832 demand zone based on 2019-high. And above...

linofx1

BITCOIN is trading in a downtrend And the pair broke a key horizontal level Made a rebound and is now about To retest the level again And we are expecting a bearish reaction And a move down towards the target below Sell!

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EURUSD fell down sharply Just as I predicted in my previous analysis But a local horizontal support is ahead From where a rebound is to be expected Buy!

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NEOUSD is trading in a downtrend And the pair just broke out of the bear flag pattern Which reinforces our bearish bias And we are expecting a further move down Sell!

linofx1

​​ AUDUSD formed a head and shoulders pattern on a 4H time frame after a test of a horizontal key level. Then the price broke its neckline to the downside. Now we see its retest. I believe that soon the pair will drop lower. Next support - 0.705

linofx1

​​ 🔰EURUSD is stuck between two structures forming a horizontal trading range. To identify a future direction of the market I would suggest waiting for a breakout. 🔰Bullish violation of the resistance of the range will trigger a bullish continuation to 1.0936 resistance. 🔰Bearish breakout of its support will push the market lower to 1.0462 support. To confirm...

linofx1

EURCHF is going up in a strong uptrend But a horizontal resistance is ahead And while the short is somewhat risky I think it offers good risk reward We just need to wait for a confirmation Pattern to form before we enter the trade Sell!

linofx1

! NZDCAD is trading in a downtrend However, a horizontal support is ahead So despite our bearish bias A local rebound is to be expected Buy!

linofx1

​​ EURCAD is trading in a long-term bearish trend. The pair started to consolidate within a horizontal trading range on a daily from the beginning of April. Now the price is approaching its support. From a current perspective, I see two potential scenarios: 1️⃣If the price breaks and closes below the support of the range on a daily, then a bearish trend...

linofx1

AUDUSD is trading in a rising channel But the current price action is somewhat bearish So IF we see a bearish breakout from the channel Then we can go short on the pullback Sell!

linofx1

​​ AUDJPY was consolidating for quite a while within a horizontal trading range. Its resistance was finally broken today. I believe that the pair will go higher now. Sell!

linofx1

​​ GBPCAD is trading in a long-term bearish trend. The pair started to consolidate within a horizontal trading range in March. On Friday, the price finally broke its support to the downside and closed below that. I believe that it may trigger a bearish trend continuation.sell!

linofx1

AUDCAD Potential Long! AUDCAD is trading in a bearish wedge pattern So the overall bias is somewhat bearish But until the breakout happens We can still play the pair off the rising support Having the target half way towards the resistance Just In case the rebound isn't that strong Buy!

linofx1

#GBPCAD Will Go Down! GBPCAD was trading above a horizontal support But now this level is broken and has turned into A horizontal resistance so I think That after a pullback we will see further bearish move Sell!

linofx1

#AUDNZD Short From Resistance! AUDNZD is retesting a horizontal resistance And there is a good chance for us To see a pullback and a move down Towards the target below Sell!

linofx1

EURCHF Local Short! EURCHF is trading in a range And the pair is retesting the horizontal upper bound Of that range, from where I am expecting a bearish reaction And a local move down towards the target Sell!

linofx1

#USDJPY Resistance Ahead! USDJPY went up today, just as I predicted In my previous analysis But now the pair is almost retesting A strong resistance level So a bearish reaction is to be expected With the correction move reaching the target below Sell!