The Ace Trading (Backup)
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PRO Trader and Trading Mentor With 6-Year Experience

Trading Education & Technical Analysis

This channel is made for beginners who wants to learn, Invest & understand FOREX. We will post Forecast, and trading ideas.

Contact - @Ask_linofx1
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Forwarded from LINØFX1 VIP SIGNALS (LINØFX)
BITCOIN (#BTCUSD): Can 100K Support Hold Strong? A Pullback in Sight

Bitcoin may experience a rebound from a significant daily historical support level.

Following its test, the price formed a double bottom pattern on an hourly timeframe and has successfully broken above its neckline.

I anticipate a bullish movement towards 104,000.
#EURAUD: Local Bullish Reversal?!

I spotted a notable bullish reaction to a significant daily/intraday horizontal support level on πŸ“ˆEURAUD.

Following a test of the highlighted blue area, the price started to consolidate, forming a horizontal range on the 4-hour timeframe.

The resistance of this range is broken which we interpret as a significant indication of buyer strength.

We can now anticipate a bearish continuation, at least towards the 1.7800 level.
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4-hour time frame
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My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08
#EURCAD: Technical Outlook

πŸ“ˆEURCAD formed a significant inverted head and shoulders pattern on a 4-hour timeframe.
The neckline for this pattern is identified between 1.6226 and 1.6210.

Should the price successfully break and close above this neckline, it would indicate a strong bullish signal.
In such a scenario, the market could potentially advance towards the 1.6560 level.

Please note that the neckline currently acts as a robust demand area. Shorting opportunities should only be considered after a confirmed breakout of this level.
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4-hour time frame
β€”β€”β€”β€”β€”β€”β€”β€”β€”
My broker πŸ‘‡
https://one.exnesstrack.org/a/u0exuwlj08