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 📈EURAUD.

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 👇
https://one.exnesstrack.org/a/u0exuwlj08

#EURCAD: Technical Outlook

📈EURCAD 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
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#USDJPY: Another Trend Line Based Opportunity

The USDJPY pair may continue to ascend following a test of a robust support cluster, which consists of a horizontal range and a rising trend line on the daily chart.

Subsequent to the test of this support cluster, we observed a positive bullish reaction, accompanied by a bullish Change of Character on a 4-hour timeframe, indicating significant buying interest

Our target is 155.00.
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Daily/4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#GBPUSD: Bullish Reversal Confirmed?!

📈GBPUSD formed an inverted head and shoulders pattern on the 4-hour timeframe.
The breakout above its neckline serves as a strong bullish reversal signal.

The broken neckline of this pattern is now expected to act as a significant support level.

We anticipate a subsequent upward movement from this point, targeting at least the 1.3216 resistance level.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

The US Consumer Price Index (CPI) will be released in 25 minutes, traders.

Please anticipate high volatility.

#ETHEREUM (ETHUSD): Consolidation – The Silence of Volatility

Even though ⚠️ETHEREUM is trading in a bearish trend since October, 📉
The pair has been in a deep consolidation, since the last 3 days 🗓️

The price is currently testing a strong horizontal support level where the price is consolidating. ↔️

Because the trend is strongly bearish, chances will be high to see
a further bearish continuation. 🐻

Your reliable confirmation will be a breakout and a 4H candle close below the underlined support. 🕯️

The next goal for the sellers will be 2840 🎯

Alternatively, the market may continue consolidating and trading within the range. 🔄

#NZDJPY: Important New High

The NZDJPY pair sets a new higher high violating a significant horizontal resistance cluster.

This development suggests the potential for further upward movement.
The next target is identified at 99.10.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

Strictly for Gold, no forex pairs

https://t.me/+aXN0jtL562A3NmI8