Bulish
USDCHF Comment bellow what you think!If you have some knowlege comment bellow please what you think will happen :D
So what I think is:
The main price action, talking about the trend lines , trend channel, the double top and still have a strong rejection in both sides and is also a rejection at higher time frames makes me think that is possible to still going down and break this strong support zone .
I think this because it seems the trend line channel got a breakout and is maybe retesting now.
But the confusing part is all the bulish moments, that everytime are very strong. And this strong candles should not make sense here.
VERY STRONG BUY SIGNAL ON BTCUSD- ******************************************************************************************************************************************************************************
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We have a channel on BTC-USD which means a strong buy signal to make money. For low risk, the best time will wait for the breaking of this channel and use low leverage if possible or use deal cancelation if your broker has one. I took a small position and use deal cancelation for 6 hours that means I'm able to cancel my trade if the market does not go where I want during the 6 hours and the fee 36 dollars but it depends on the amount traded.
Hopefully, this analyse can help you to have a better understanding of the BTC-USD chart
AUDNZD Long (Continuation Update)Affter got this retest to the support we have more confirmation for strong buy!
Daily Candle very bulishh and one more time the weekly analysis is very bulish and the price must complete the channel that is possible to make at weekly time frame.
Only Canceled if cross the support again
XAUUSD BUYThere is reversal pattern after breakdown of strong resistance line. we will see more upside in gold. Exact figure of target is 1776. if it breaks above it will most probably form some type of reversal pattern above 1776. My s.l is 1678.
Hit the like button if you find it helpful and informative and follow to catch every wave correctly.
EURUSD Affter Break Any LineWe can see two oposite trend lines that can seems like a triangle. This two lines are being very respected by the price so we can expect the main direction affter break any off them and with the right rejection trigger for the enter.
In my point of view may be a long position because we can see a bulish engulfing candlestick pattern and the price got rejection some times at the support.
But we only now affter some breakout.
EURJPY LongWe can see a possible breakout of the trend channel, and we can expect a retest around this two small green lines plus up trend line on the right side.
Affter the retest if the gap dont kill the analysis, we can have a good oportunity for buy positions.
We can also have a possible inverse head and shoulders pattern .
EURGBP LongWe start geting a reversal on eurgbp and at this time the price is respecting very well the price action markect structure. Diffrent than some other pairs that are very crazy lately this pair seems to be a good pair to trade.
With the RSI we can expect the price to come up and when cross the key level of 80 % we can start thinking in sell positions.
Lets see if the gap dont kill this analysis.