Bitcoin is forming a ascending wedge on hourly timeframe within a descending wedge on daily timeframe.
We should expect a small correction (bearish) in short term and the price will resume it's impulsive bullish trend in weeks to come.
Recently broke down from an uptrend line, presenting a SHORT opportunity with at least 3:1 Rewards to Risk Ratio.
AUDNZD Pair is teasing the resistance level which also happens to be at the SUPPLY zone.
Offering a very good Reward-to-Risk Ratio on Daily Timeframe for SHORT position.
Bitcoin has formed a big and small ascending triangle on Daily Timeframe.
Currently on a short term downtrend.
Showing a couple of rejection candles on H1 timeframe.
May offer a very good Reward-to-Risk Ratio for a SHORT opportunity.
EURUSD is on a downtrend. It may however, offer a counter trend opportunity. Shall look to go LONG at the support level and may take profit at the previous swing high.
USDJPY is showing an uptrend pattern. Engulfing Candlestick Pattern appears at the bottom of the uptrend channel.
May target to take profit at the previous swing high.
