Usdjpy has failed to break its previous low and now continues to rally upside
BTCUSD has been consolidationg from last 2 days,if breaks below, sharp down move
There is strong resistance at the current level, if price breaks this level, we can see temporary bull run, analyze your risk properly and take the trade.
There is a nice fib resistance and the market has to fall to complete a structure, option buyers can buy OTM/ATM Puts and can expect 40-60 premium points, use proper risk reward ration
There is clear resisytance at 43585, if the price breaks this level there is a strong bullish move, option buyers can buy ATM or OTM call and option writers can sell PUT.....
If this 15M candle forms a hammer pattern then there is nice upside move, also the market is sustaining at an important support, use proper risk reward and remember to always trail your profits and cut your loses
As there is a strong support on the 43000, there is a chance of reversal and option buyers can take entry in call trade, if the price breaks the 43000 support then we may see a grea fall till 42850, but my analysis is that price may take support and be bullish
There is a strong resistance at 18240 and a chance of reversal , we take a trade if we get any confirmation candle...
The current 15M candle is making an hammer on the key support, Call buyers can take the trade with the SL of 30-40 points and target of 80-100