otitus77

otitus77 Updated 

NZDCAD overrall trend has been bearish looking at the weekly and daily time frame , with series of LH and LL. nzdcad has pulled back to an important zone which previously has acted as a solid support now turn resistance @0.87500. theres been a strong rejection candle from last week closing which further solidify my bearish bias. from my technical angle, the 100...

otitus77

Given the previous analysis, price slashed through our Take Profit level . now watching for continuation correction or reversal

otitus77

Ater the price has made a significant fall to my trendline and also a support zone, bullish reversal tweezer bottom has been formed on the daily time frame as well as the RSI and and stochastic are at oversold area giving a valid confluence to take a long position with a nice RR from the current zone.

otitus77

The price is an uptrend channel which has pulled back to the 0.786 fibonacci level which is also a supported by the trendline , although the price has been ranging at the support level for quite sometime but finally has broken through 120.70 resistance level to the upside. i expect a pull back to the broken resistanc, now support and then a shoot up to continue...

otitus77

BTC/USD currently bouncing in a rising channel and is at the top of the channel. Price has reacted at the supply level of channel. I expect price to fall back to the demand level of channel.