stefann187

stefann187

IF this structure repeats itself, which it has done before the last few days, then AUDCHF will go down slightly and break the upward trend a little bit. Will touch resistance level around 0.66200 a few times before going down to 0.65750 approximately. Always wait for the confirmation and the real repeat of structure before going short.

stefann187

If the structure continues, Bitcoin will come to the upper line and breakout downwards to around 18000.00, there you can find the higher low line of the uptrend. Wait for any bearish reversal sign + confirmation before going short. If it breaks the structure, there is a chance that it will breakout above to 20000.00 because of the still ongoing uptrend.

stefann187

It's already on a downtrend, made the head & shoulders, the EMA cross confirmed the downtrend, there is a fibionaggi retracement AND it just made a doji on the 15min timeframe. That are 5 confirmations that it's going down! :)