$BTC ready for reversal? | romatorba on Binance Square

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$BTC ready for reversal?
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$ETH quick and easy +2.6% on ethereum. closely observing today, we might see a move to the upside

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$BTC 1 loss and 2 quick wins tonight! +6% in total

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weekly trading plan #49 $EUR ---monthly: short term monthly close looks bullish, but long term still expect euro to test 1.10 level ---weekly: taking out a fractal at 1.165 looks like a good target. beyond that there is just a huge liquidity compression and a lot of levels on lower timeframes ---daily: daily chart looks bullish for now - a nice reaction from the daily fvg, with clear targets in a form of previous fractals at 1.1656 and 1.1668. previous day close with a huge wick below add points towards potential longs ---4h: so far eur respects bullish order flow. i expect a continuation of the bullish move after testing 4h fvg or 4h ifvg below. will look for long positions within these areas

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weekly trading plan #49 $dxy ---monthly: so far price is stuck in a range, with a month closed sweeping closest fractal - short term bearish. a bullish fvg below makes a lot of sense as the target for next week or two. after that i'd expect the price to continue moving up into the monthly bearish fvg ---weekly: apart from the fractal that formed monthly bullish fvg, there are no targets below. instead there is huge compression. next week i expect a bullish monthly fvg test and then expansion into global target - monthly fvg ---daily: inversion appeared and was tested on friday. i have multiple scenarios for the next week: - continue going down - take out friday high + drop - test daily bearish fvg and then drop ---4h: huge bearish fvg was created on 4h, which can be tested next week. if price gets into this area, i will look for a drop from here towards monthly fvg, or take out closest fractal and then drop

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$LINK had a better run few weeks before, that explains less aggressive movement recently. after taking out major weekly fractal, it makes sense delivering the price towards ~$20 or even lower

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