Breakout pattern of retesting lows – Bitcoin

Breakout pattern of retesting lows – Bitcoin

Bitcoin / Dollar BITFINEX:BTCUSD


I Believe there is an 80% Chance we hit 5k

I see little reason for Bitcoin             to fall through this support as none of the past rallies did – I Think we can consider 5k as the bottom which lines up quite well with September/October which would allow consolidation for December run as always.

There are a few other charts i have and have reviewed that would line up with this – Lets hope so 🙂

eurchf 09-17/08/2018

eurchf 09-17/08/2018


Technical Analysis :
Pair in very strong resistance areas represented:
1. Historical Resistance The pair has been very strong and has fallen strongly represented by point C of the Saifir pattern
On the daily perm
2 – Strong Buy Boundaries Close to the top at resistance levels in Stochastic , RSI and CCI
3-opportunity to sell another list at the highest resistance 23.6 FIBO
4 – We note strongly and over more than two months falling price from the highest point of point C falling more than 400+
5 – The pair broke the rising trend and proved below it and did not retest if the pair rose again it is possible to re-test the broken bullish trend and complete the downward path
6 – Goals on the neighbor before you and possible in the case of stability below the resistance of the arrival of the husband to the support area mentioned before you at point D
7 – The areas that have been identified are not pending orders but areas can reach the price and then rebound and rises with the advent of signs of purchase, for example, vibrations or vibrations or Paris Action and …
8. The OB indicator shows you that the price reached the peak of the purchase and the large volumes of the purchase contracts and the decoupling of the price and led to strong selling
9-MACD in negative areas

CADCHF 09-17/08/2018

CADCHF 09-17/08/2018


Technical Analysis: The pair is in very strong resistance areas represented by:
1-resistance represented by the levels of mory meth and strongly resistant at W1 D1 H4 H1
2. Very strong buying signals at resistance levels in Stochastic , RSI and CCI
3. Very strong resistance levels with Fibonacci levels at 78.6-61.8
4 – sell opportunities another list at the highest resistance R2 at the highest 78.6 Fibonacci and sell it after the signs of sale

GBPUSD intraday setup

GBPUSD intraday setup


We already have swing trade setup here :

For intraday setup,
We can buy GBPUSD             -0.06% right now, and aim for channel down resistance as temporary target.
If this resistance break up, we can set new target at classic support and resistance .

Check our video analysis to understand better about this setup

Open buy long : 1.2849 (at fibonacci support)
Temporary target : 1.3074 (at channel down resistance)
Temporary target in pips : 223 Pips (4 digit)
Main target : 1.3796 (at classic support and resistance )
Main target in pips : 947 pips (4 digit)
Stoploss : use stoploss base on your money management or set stoploss below 1.2794
Risk reward ratio : 16.8

GBPUSD swing trade

GBPUSD swing trade


As we can see, bearish still perform here,
but if we zoom out, 1.2858 are fibonacci 618 from october 2017 low to april 2018 high.
If this fibonacci point able to hold bearish movement, we have 2465 pips profit target at ABCD fibonacci projection .

This is long term setup, target will reach in more than one year.

to get more understand about this setup, please check our video analysis.

Buy long : 1.2858 (at fibonacci support)
Stoploss : 1.2579 (below next support line)
Target : 1.5323 ( ABCD fibonacci projection )
Target in pips : 2465 pips
Risk reward ratio : 8.18