Quarterly
2nd HIGHEST QUARTERLY CLOSE IN BTC HISTORY by $18.12!!BTC QUARTERLY HIGH WAS 10760.10...Tonight another Quarter was set in stone and a ever so slight higher high by $18.12 on Stamp...VERY BULLISH SIGN! Not too may Quarters to go off of, but going in the right direction.
Quarterly Stoch and RSI Looking good as well
GBPAUD Long Term Short, Waiting for pullback to Enter.Higher Time Frames make a case for a pullback and continuation short.
> Quarterly chart has bearish engulfing rejecting 50ema, which has acted as resistance recently.
> Monthly rejected horizontal resistance with bearish pressure, now looking to retest a minor resistance level on the pullback.
> Weekly forming a pullback to 50ema, horizontal resistance, 0.382 Fibonacci. At that point, looking for deceleration & reversal candles.
> Daily now starting to pullback, once it reaches weekly resistance level, I'll be looking for deceleration, price action patterns ( double tops?, ect... ), and reversal candles. Trade will be entered on the intraday charts.
> Target 1 - Horizontal support & Daily 0.382 Fibonacci for short term play.
> Target 2 - Start of weekly pullback, daily horizontal support.
> Target 3 - Weekly horizontal support area
I will be staying patient, at this point anything can happen.
#CHFSGD [Daily] 90% : 10% to Long over Short?Read this carefully if you want to grab an opportunity next week! Spot on SAXO:CHFSGD .
Bringing you today a unique opportunity that might turn out to be a mid term long trade to target recent highs.
Price last week has hit a triple key levels and reacted on them.
Price since November 19 has been respecting an upside channel where it made a high on March 13 2020. Now is testing the ascending lower wedge and at the same time has tested the previously broken upside wedge of a massive broken channel. .
It is important to bear in mind that price may test the Annually demand below around 1.43900 some thing like 100 pips below. However, i don't recommend to keep the contract open to these lows, If current upside channel lower wedge is violated next week then take yourself out.
A violation to last week's low will cancel the bullish setup.
Analysis is based on #SupplyAndDemand, #Channels #Breakouts Strategies.
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#AHMEDMESBAH