Market Update: BTCUSD & EURUSD – Sep 24TH, 2024
NOTE: This Market Newsletter is developed by using Daily Chart Time Frame, and a relevant price chart is attached to each market.
BTCUSD: Selling On A Retracement Higher & After Price Action Setup/Signal At Or Just Below $65109 Resistance Level
Comments: Price is now trading just below the $65109 short-term resistance level (As of this writing).
Potential Trade Signal: We are looking to sell on a retracement higher and after a clear price action sell signal, at or just below the $65109 short-term resistance level.
To Trade This Market With Our Preferred Broker, CLICK HERE
EURUSD: Buying On A Retracement Lower & After Price Action Setup/Signal, at or around the 1.1001 – 1.1025 short-term support area
Comments: Price moved briefly higher from the recent Bullish Tailed Bar Signal that had formed late last week (We did not consider trading this signal).
Price moved briefly lower from the prior Bearish Pin Bar Signal that had formed mid-last week (We did not consider trading this signal).
Potential Trade Signal: We are looking to buy on a deeper retracement lower and after a price action buy signal, at or around the 1.1001 – 1.1025 short-term support area.
To Trade This Market With Our Preferred Broker, CLICK HERE
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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.
