There is a Clear Reverse Head and Shoulder in GBPUSD Daily Chart. I think it's Heading towards 1.4 in next weeks. Suggestion Buy at range 1.3000 to 1.3070 Stop Loss: 1.2960 Take Profit 1: 1.3200 Take Profit 2: 1.3400 Take Profit 3: 1.4000
NFP is the biggest news every month and always makes a big chaos in markets. trading NFP is a very risky deal but with taking very small positions it could be exciting. EURUSD is in a box and you can put buy stop and sell stop positions to engage you in the hurricane coming after NFP. I suggest buy stop at 1.14000 with SL at 1.13500 and TP at 1.15500 and sell stop...
I can spot two head and shoulders in EURUSD. One of them is inside the right shoulder of the bigger one. Maybe there is a bullish wave that can rise EURUSD to 1.17000 territory Suggestion : Go long at 1.13400 TP1: 1.15000 (1600 pips) TP2: 1.17000 (3600 pips) SL: 1.12800 (600 pips)
There is a head and shoulder pattern in USDCHF. I think we are facing a new bearish wave towards 0.97000 area. Suggestion: Short Position at 0.99800 TP1: 0.98500 (1300 pips) TP2: 0.97000 (2800 pips) SL: 1.0200 (400 pips)
EURUSD is Bearish and it is a good place to get a short position right now price is around 1.1363 SL 1.1390 TP1 1.1320
Bitcoin now has a morning star in daily chart. poor baby could face a little uptrend towards 6000$ resistance in short term. In long term the sky is not clear and there is only one star.
Bitcoin broke under 6000$ Support and this support now acts as a strong resistance. i can spot a bullish bat that is not ideal in form but could be a guide to future price movements. after a touch of 6000 resistance i think downtrend will resume with target of 2000. Maybe the best idea is sell at 5800-6000 range.
EURUSD is still inside a Descending Channel. If we live in an ideal world that harmonic patterns finish exactly like the technical books figures, then we should expect EURUSD to descend to 0.91 territory then rise from the ashes. In that case an ideal Bullish bat is going to be born.
Brent is back to trendline and will find support around 65$ . I think in next months price will rise gradually to last resistance around 87$.