BTCUSDT
1D analysis
On the daily chart, the range was deviated recently on the bearish side. Actually, the price is at a decision point. Price of BTC increased to nearly test range low. If the price enter within the range, the initial target will be equilibrium of the range. Due to bullish RSI divergence, we can expect an increase on the price of BTC.
4H analysis
The valid formation on 4H chart is ascending triangle. The top of the triangle was tried twice to break the resistance. However, the price was successful at the third time. This resistance was also a FVG but was filled in the first try. A retest has just occurred. The target of the formation will be $62,000.
XAUUSD
4H analysis
From a larger time frame look, gold was within a range and did some deviations from range low and range high. Nearly two months have passed over the formation of the fair value gap, shown by the yellow colour. At the first touch to the area, reaction was strong and price reversed. On the second touch, price filled the gap. A bearish bat formation is close to occur. A confirmation is the bearish RSI divergence, shown by red lines. The initial target will be the liquidities, shown by red circle.
15 min analysis
Bullish structure has not changed for the current time frame. The significant 15-minute candle filled the 4H FVG. During this price increase, a new FVG was formed. Price made a retracement but all FVG was not filled. On the other hand, upward movement could not make a new higher high. Price can decrease to bullish order block under FVG.
EURUSD
4H analysis
A resistance was identified on the daily chart. It is around 1.095 pair price. The overbought situation of gold makes us suspicious on the penetration of the price through the resistance. The current time frame candles exhibit an increasing channel movement. We are at the end of the increasing trend.
15 min analysis
Open fair value gap is not available on the chart. Price could not make a new high on the current time frame. RSI is losing its momentum. The pair price is close to decrease towards lower values within the channel.
** Important Note: Above ideas are not investment advice!**





