great risk to reward. definitely still shorting btc. no long position in sight.
DO NOT TAKE MY ANALYSIS TRADES. THIS POST IS IS FOR PERSONAL DEVELOPMENT. POSTING TO CHALLENGE MYSELF KNOWING THAT ANY CAN SEE MY ANALYSIS AND LEARN AND GROW. DO NOT TAKE ANY TRADES OFF MY "THIS" POST.
if these areas are breached to hunt stop losses it would be great sell opportunities if they are respected. look for bullish close on the trendline tap and bearish candle close confirming a retest on the areas/trendline to take a short position to 122.000
this looks like a great short opportunity for gold. if the trendline is broken back a bove and supported then we could start pushing up more.. for now we are still dropping.
if gu remains to ride under 1.27500 and below the trendline we could roll down furthur.. just watch for smaller time frame reversals/ patterns that could show signs of reversal or upward retrace
gbp aud is coming up to a 3rd trendline tap in the near future. i believe it could be breached end of the week. look for buys above break of trendline or resisting below
i dont like where the market is at currently but this could be a decent trade. great risk to reward. my strategy is aligned and overall should play out. unless market wants to do otherwise.
short if 15m closes bearish could be a sniper entry
if the area boxed off is respected and trades below we should still be pushing to the downside.. no buys whatsoever. u should already be in sells from the top but if not then a good sell opportunity would be if the area is bounced of.
if this zone is respected and trading below with rejections we can expect the price to push lower. if it breaks above and floats above then we will go higher. looking for shorts as of right now. great risk to reward.
only take shorts if respected with bearish candles on 15m and 30m
easy short position great risk to reward:)
eurusd could potentially slide down here shortly. i better confirmed entry would be a break of the 15m trendline. great risk to reward.
gbpaud is currently like a waterfall. if price comes up and respects that level u can take entry's with safe stop loss and great reward at 1.76000