Goodmorning traders!
IF this candlestick engulfs and closes under the candlestick I've circled and also under 0.25000 i will enter a sell. Also every time price closed under the green structure price kept falling until it hit another key zone, eventually price will test the support line of the ascending channel. if price heads back up from here it was testing the...
Here’s some insight into Bitcoin, as you can see on my graph we are currently squeezing into a wedge which is generally a sign for a large price movement incoming. My overall bias on Bitcoin is to the Upside, seeing that the majority of markets are over inflated at the moment, Bitcoin most definitely has room to grow. As a technical trader, I have illustrated 2...
BTCUSD has just broken & closed over a strong Daily Resistance zone. That was one of my key zones to watch out for. Predicting bullish movements if bitcoin fails to retrace or reject new price. I'm currently waiting for a confirmation to place order. What are your thoughts on Bitcoin? Post your Analysis Below..
Friends, in this operation we will look for 411 pips. and we're going to risk 58 pips.
It is a good long-term trade so prepare your sales in this asset !!
I wish everyone success in their trade, and if you want to contact me to support you in more ideas you can do it by dm.
USDCAD is at key level where it may bounce down, due to historical key level that price has bounce off it multiple time.
Looking for a breakout is where i will open a sell position.
I've made this analysis last week, 2 week ago waiting for the good buying confirmation.
It is now at the key level where it may bounce up or bear are still in control to 2nd buy scenerio.
The price is in the key zone near the strong mirror level of 147.500 which previously acted as both a resistance and as a support (the areas are marked on the graph) And also next to the lower boundary of the rising channel.
Options for the development of the situation:
1.The price will bounce off this zone that will be a signal for the purchase and continuation...
RSI in the D1 is overbought. The H4 timeframe shows a possible Doubletop in the keyzone. Also RSI is overbought on the left high and shows a bearish RSI divergence. Nice short possiblity if price breaks and closes below the neckline.
This could be another scenario on the EURUSD. Weekly chart shows downside potential. Furthermore the price build a rising wedge and reaches a resistance zone on the D1 timeframe. Could be a good short opportunity, if price breaks out of the rising wedge.
![GBPJPY: GBP/JPY Break through or Bounce?[Key zone]](https://s3.tradingview.com/5/56fTFhbI_mid.png "GBP/JPY Break through or Bounce?[Key zone]")
