MFinlow

MFinlow

Here you can see sell side Liquidity was taken at $6.30 before it made a Dubble Bottom and then broke to upside to $8.11 If Price can hold this level then next level will be at $12

MFinlow

here is my thoughts of where the price is likely to go any feed back would be appreciated :)

MFinlow

As you can see price got rejected by the top resistance zone between 1.2200 and 1.2300 I would short sell at 1.1920 and take profit at 1.1000 this would give you a 1:3 risk to reward This is long term setup

MFinlow

short at $ 1.38020 TP at $ 1.36836 ST at $ 1.38367

MFinlow

could see a re test to 1.390 then get rejected if so then next support would then be at 1.388 if 1.388 can not hold support then the next support would then be at 1.385 stop loss set at 1.392 risk to reward = 1.92 first profit would be taken just before hitting this level at 1.386 if we bounce off this level price will likely retest previous support at 1.388...

MFinlow

this was the low set back in April of this year

MFinlow

this was the high in October 2020 if the triangle brakes down then the target is 0.724

MFinlow

BTCUSD is in a holding patten soon we will either going bullish or bearish

MFinlow

will we find support at 6910 now we broken the rising wedge

MFinlow

here is a failed bullish patten that now has turned into a nice short on any USD pair

MFinlow

BTC is in a continuation patten looking to brake down to 42,400

MFinlow

As you can see the XJO index is in a rising wedge this is a bearish patten and looking to brake down target is 5800

MFinlow

As u can see UK 100 is in a uptrend this looks like it is now exhausted and looking to reverse back down. we have been in a rising wedge from 17 march and looking to complete on 3 may where we could see a potential short position play out target is on chart

MFinlow

here just what monthly saying if BTC.D falls BTCUSD follows

MFinlow

target 40k

MFinlow

look on chart

MFinlow

As you can see bulls tried to get above bearish trendline and failed and tried once more before bulls gave up. because of this the bears are now forming a triangle patten and looking to bring price down more if daily bullish trendline is broken target for sellers is $1604 stop loss at $1847

MFinlow

NETFLIX IN descending triangle