The price has not reached its main price level.
Possible bullish pullback price movement towards the resistance 1.04000 within the next period.
We need to wait until Euro will break or reject resistance or support zone .
BTC Daily Chart
We can see that price likes to explode when reaching support lines.
Slowly dies after
Vertical lines show corresponding RSI movements to BTC Daily chart
Trendlines on RSI show overall movement after pump
Green arrow + red line predicting next pump???
Do your own analysis ...
Dont Forget Moving Stop-loss At Break-even
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
GRATLEY "BULLISH HARMONIC " PATTERN WAS FORMED AS WE SEE AND IT RESPECTS FIBO VERY MUCH WHICH WILL SUPPORT THE IDEA OF LONG POSITION AS SHOWN
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GBP/USD falling inside minor
Next sell target – 1.2350
GBP/USD continues to fall inside the minor c-wave which started earlier from the resistance zone lying between the pivotal resistance level 1.2720 (which also stopped the previous impulse wave 3), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse from...
Fibonacci Retracement:
- Reversal began at 50%
Candle Stick patterns:
- Evening Star on 15M
- Railroad tracks on 1H
Moving Averages Cross over
Stop Loss/Take Profit: Take profit 2 times more than Stop loss. Came right to my area then retraced.
- will watch to see if it will come back down to the clone leg area
it looks like a rising wedge and a bigger ascending triangle on this pair which both indicate a probability of a short position. we will see what will happen.
