with price failing to break above the 4320 resistance revel and making lower highs on smaller timeframes im expecting the stock market to start to trend bearish again. still need a break and retest of the 4264 level and retest of it as resistance for the ultimate confirmation.
with bitcoin rejecting the 24-25k area for 4 weeks now i think we may get the next push down on bitcoin. for a better entry i want to wait for price to break the 23k support and retrest it as resisnatce for me to have enough conformation
with gold bouncing off the weekly support at 1700 and now breaking above the down channel there is a chance we will continue to see higher prices for gold this week. the only issue will be the cpi data coming out on wensday. if we fail to make higher high and fall below 1760 at any point this week then i will be looking for sells.
gbpjpy is on a overall huge uptrend on higher time frames presenting a few high probability opportunities to continue on with the bullish trend.
first opportunity is for a h1 closer above the recent 167.800 resistance and then going with the momentum on lower time frames to take price up to 168.400.
second opportunity is for a pull back into the big demand...
