Zooming out to the 8hr BTC/USD looks very good, still clearly on a bullish trajectory and the large volume on the lower trend line touch suggest the Bulls are still in control (for now) There's still a chance for price to retrace lower but it seems less likely in the short term at least.
The first block highlighted was a daily block which brought price to a sell block which price is now retesting back to our trend block on the 8 hour. See parameters to take trade if you'd like. SL placed below the lows.
Technical Analysis of EUR/USD with Fibonacci retracement indicators. Large time-frames (Monthly Weekly) are showing an uptrend that is still intact. The latest counter trend move down (Oct-Nov) has been a classic retest of old resistance now becoming support which indicates a strong possibility of bullish trend continuation. The classic retest level of...
AUDUSD is almost at the top of the range and is forming a short setup for the target of atleast the first trend line which is around 65 pips and if it goes further it would be around 120 pips. Keep a stop loss above the high of the previous bull candle.
I have see some major rejection of this support level in the recent past which indicates price may fail here and drop down. I'm doing a entry order here at .69269 . Stop lost andtarget are shown above.