It's that time again..
Without skipping a beat.. Like Xmas carols in late August. Like a bad rash from your favorite sweats.. Yep.. Time to sock those stockings with some PEPE and travel insurance.
Buy from current level: ~$0.0000012500
Target: ~$0.00000193600
Traders as we can see GBPUSD has hit a trendline break and retested right down to our daily bullish order block zone, we could see it drop lower into the next area and this could be a false breakout but for now we will be looking for confirmation to enter long positions. Good luck and Happy Trading Everyone!
1) Strong support level
2)ichimoku cloud up
3)50 moving average below to candles
4)currency strength meter ( GBP strong and NZD week (4H))
5) strong buy candles in 4H time frame
I think GBP NZD prices will go up ( BUY tread )
Bitcoin
A fantastic point perfect test of the parabola has held up
Bitcoin so far. It's rallied to 7150 and stopped, coming back
down to give a buying opportunity close to 7080, so look to
buy as close as possible witha stop under 7050.
If this ends up failing, we've had a valiant try and a faily small
loss compared to potential gains if this is the to be the...
An ABCD corrective move could end up at a significant daily resistance. Bullish Gartley potentially retesting the upper band of an already broken descending channel could be use as buy entry level to ride the BC leg of the entire "big" correction.
