Bitcoin Update Bitcoin is still trying to grind higher, now testing critical near term resistance at 7717 where the fixed and dynamic resistance lines meet on the chart. Even if it's low volume, this breakout, should it occur at any point, should be followed for a move back to 7990-8000 where look to close out and short (only if day trader) with stop 50 points...
Bitcoin BTCUSD need to be carefulnow to watch htis isn't turning here by making a right shoulder off support at 6300... Earlier, it was noted that 6300 marks 20% from the top, standard text-book stuff. It's Ok to fall 21% intraday, but not fall more than this (19% to 21% is standard stuff, right?) - well, spookily, 21% off the top is 6240 - and the low so far is...
Looking to break triangle and there to possible moves. think that short move is stronger that uptrend gl
I think usdjpy could have a correction
looking at the current levels of resistance we may see an opportunity to short this pair on any pullback on a 4 hourly to 1 hourly timeframe after a strong sell off yesterday with a fully engulfing bearish candle.However I would remain cautious until post NFP announcements .
DXY - USD Dollar Index could change Long RR Ratio >3:1
Howdy, This could go either way so worth keeping an eye on this pair as today's candle has not finished yet We have as you can see resistance but that could break through and retest as new support to go higher or create a new lower low. As always any feedback welcome good or bad.....still learning before I go LIVE