Double bottomed and oscillators showing class B bullish divergence on the 1 H.
Ltc reached the 0.382 fib level of the Fibonacci taken from 107 high to 62 low, some profit was taken on these levels and now we touched the 0.236 fib level for a second time creating what seems like a double bottom with a bullish divergence on the 1H.
Good entry point for taking...
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I am going long on Eur/Usd. I think eur/usd will break down to around 1.11684 then price will go up to around for 1.12800 area. With dxy dropping at a fast pace on Friday a pullback might come when the markets open which supports the idea of Eurusd going down a little before it goes up.
Symbol: Bitcoin, XBTUSD, BTCUSD
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Short Timeframes: Red -> Blue
Medieum Timeframes: Red Series
Long Timeframes – Context: Green Series
Long Wick Candle in 1H Timeframe
Demand Zone: 11100 -- 11350
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As you can see USDCAD has gone to the 1.35000 level numerous of times now and has failed to go much higher! I have entered a SELL with SL at 1.35500... trade smart and have fun. Have a profitable week!
Falling wedge trade with tp: 1.71499. I see a longer term trend on the hour chart which suggests the opportunity for the pair to fall even more, I will post this is the signals group.
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I see a falling wedge with the opportunity for profit from a short position with SL: 1.12717 and TP: 1.11000
Use risk management as if it breaks upper trend line one may want to start thinking about closing the position.
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