After a break of inner trendline, btcusd is showing bullish momentum in a good risk and reward ratio for a long position.
Currently at good risk reward ratio, showing rejection in ltf at key level
Currently retesting the fib key level, still maintain daily and h4 bullish structure. Bullish rejection in M1 timeframe showed good risk reward ratio for a bullish move.
H$ is showing bearish sign as it rejecting triple top area. Good risk and reward area with daily still maintaining bearish structure.
Currently gold is making pullback after breaking the trendline , expecting for a whipsaw and close as shooting star for the weekly candle.
Still holding bullish structure, waiting for ltf rejection at key level to nring down the risk reward ratio.
Currently good risk reward ratio after retracing after making engulf price action at key fib level.
Good risk and reward ratio, bullish bias with the daily still holding bullish structure
After a break into bullish structure, it is now at retracment key level doe a bullish bias
Looking for bullish rejection in the deeper retracement area. Not so good risk reward ratio but still an opportunity nonetheless.
In a strong fib key level and snr, in ltf show bullish rejection. Good risk and reward ratio.
Currently in key fib level, daily snr and dbd area. Rejection in ltf showing bearish buildup. Excellent risk reward ratio.
Still looking bearish overall, now testing daily snr with drop base drop area.m30 engulf at the fib key level. Excellent risk reward ratio.
Medium term still see bullish structure. It is now rejecting fib key level, With good risk and reward ratio, we are seeing good bullish opportunity on this pair.
In medium term still having bearish bias, after rejecting fib level and creating bearish engulf, good risk reward ratio towards support level.
Medium term bullish outlook, bullish flag pattern , showing continuation pattern. Good risk reward ratio for the trade.
After closing daily candle with bullish engulfing, price seems to still further move bullish upward. Looking for a retracement to reduce the risk in the trade.
Waiting for a break of the triangle pattern to confirm on the bias. Currrently holding at the strong support zone.