Bitcoin - Ultimate bull trap, soon a big crash! (must see)Bitcoin really cannot continue in this parabolic uptrend. Why? Because if yes, it would hit around 600,000 USD by December 2025. Of course that's impossible, so the only option is to slow down. Bitcon still hasn't made any bigger correction in past weeks and is currently facing a very significant psychological resistance of 100,000 USD. I am really not buying because the Moon Boys are back and first we need to see a shakeout and a flash crash.
85k is a very reasonable support because it's the end of the massive FVG (fair value gap) on the daily candles. Also, it's the start of the first price action on the volume profile. This is where you want to buy.
What we cannot miss is the symmetrical triangle on the 4H chart. This to me looks like a bull trap on retail traders because everyone would buy the breakout. So there is still a possibility of making a last push to sweep liquidity (stop losses).
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Community ideas
No one telling you this about XRPThe recent analysis on XRP presents intriguing upward potential with a projected long-term target of $64 by 2032. The setup, based on the formation of a bullish pennant, highlights a robust continuation pattern. This structure combines a consolidation phase (triangle) and a preceding upward surge (pole), which, when measured, suggests significant bullish potential. The monthly chart, utilized for this projection, will be updated periodically to track development.
The Relative Strength Index (RSI) is nearing its previous all-time high (ATH) zone, indicative of strong upward momentum. Historically, such RSI behavior aligns with substantial rallies, reinforcing the probability of XRP exceeding its former ATH of $3.28. The current trajectory suggests XRP is poised for an extended bullish cycle, supported by technical confluence.
Additionally, it is worth revisiting a critical observation from July 23, 2023, when XRP traded near $0.47. At that time, it was advised not to sell XRP at such low levels, as technical analysis strongly indicated long-term growth potential. The analysis from that period further validates the current bullish outlook, emphasizing the importance of strategic patience. Those who heeded this advice are now enjoying the remarkable progress in XRP's price action.
Further updates will refine these projections in response to market developments.
TradeCityPro | FETUSDT Progress Toward a New All-Time High👋 Welcome to the TradeCityPro channel!
Let's analyze one of the top AI-focused crypto projects, Fetch.AI (FET), and identify opportunities for both spot buying and futures trading.
🌍 Market Overview
Before diving into FETUSDT, it’s essential to check Bitcoin’s behavior. Bitcoin continues to range, a trend that might persist for a few more days.
However, with the dominance of altcoins on the rise, attention remains on them. Bitcoin’s eventual breach of $100K could temporarily restore its dominance.
🕒 Weekly Time Frame
FET is one of the most bullish altcoins, having risen without revisiting its 2023 lows, largely due to the AI hype.
After rebounding from the $0.056 support, it surged to $3.104, followed by a significant correction to $0.745. This zone was an ideal Potential Reversal Zone (PRZ) as it aligned with the trendline and Fibonacci levels.
FET has bounced off the 0.382 Fibonacci level, and breaking above $3.104 could lead to targets of $4.868, $7.849, and $13.828 (calculated using Fibonacci extension).
Last week’s candle closed above the $1.613 resistance, signaling bullish momentum. You could consider buying with a stop loss at $1.094. For those holding from lower levels, it might be wise to secure initial capital and some profits.
As long as FET remains above its trendline, the outlook remains bullish.
📊 Daily Time Frame
FET is entering a significant resistance box between $1.99 and $2.54—potentially the final stronghold for sellers.
After breaking this zone, the path becomes clearer for higher targets, but expect temporary resistance or price fluctuations within this range. A breakout above $2.637 could provide another buying opportunity.
🕒 4-Hour Time Frame
FET is currently breaking out of the $1.957 resistance, aiming for the $2.637 target.
📈 Long Position Trigger
place a stop-buy above the current candle and set a secure stop loss around $1.739 to avoid being stopped out during minor pullbacks. This ensures you stay positioned for the longer-term uptrend.
📉 Short Position Trigger
avoid trading against the trend in a bull market. Focus on resting and preparing for the next upward wave.
💡 BTC Pair Insight
Against Bitcoin, FET has also shown strength, avoiding drops below the 0.00001390 support.
After breaking 0.00002574, this pair could witness significant bullish moves, making it a good time to hold onto FET.
🛠️ Summary & Strategy
Spot Buyers: Watch for pullbacks within the resistance box and aim for targets using Fibonacci extensions.
Futures Traders: Prioritize long positions aligned with the bullish trend and avoid counter-trend shorts.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
"Bull Run starts Wednesday at 4:00AM PT, expect some delays" Alright, everyone, listen up because this is HUGE! Let me make it crystal clear—our idea, "Stepping Stones to Success: A Target-by-Target Market Roadmap," is NOT being tossed aside. Oh no, it’s alive and kicking. What we’re introducing now is something fresh, something bold—a powerful complement to our original plan.
Here’s the deal: this new idea zeroes in on a specific moment—the potential Bull Run of Wednesday, December 4, 2024, kicking off at 4:00 AM PT. Yep, that’s right, we’re putting a timestamp on it. Of course, delays are always a possibility, but let’s gear up for the main event!
Now, check this out:
• ATR PIPS at 1317.1, translating to a jaw-dropping price of $98,776—a perfect alignment with my ATR long position strategy. Precision? Check.
• Fibonacci—here’s the catch: don’t interpret it by the book. My alignment is the strategy. It’s unconventional, but it’s mine, and it’s powerful.
• Those yellow and orange waves? Forget the old view—they’ve been brilliantly evolved into RSI with ATR.
• Two breakouts—they’re not random. Oh no, these are backed by a razor-sharp measurement strategy.
And the cherry on top—keep your eyes peeled for the Orca. You’ll know it when you see it.
This is a roadmap, a guide, and an exciting leap into what could be an epic market move. Let's go! 🚀
GOLD NEXT MOVE (expecting a bearish move) (05-12-2024)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (05-12-2024)
Current price- 2651
"if Price stays below 2670, then next target is 2641 and 2620 and above that 2680 ".
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
Bitcoin will go DOWN by H&S Pattern!!!Bitcoin ( BINANCE:BTCUSDT )started to rise after every positive news over the past days, but then started to fall again . Did you see the negative news that did not come !?
Bitcoin is moving in the Support zone($95,600-$93,200) and Descending channel .
The rise and fall of Bitcoin over the past 5-6 days has managed to form an Head and Shoulders Pattern . (in terms of Classical Technical Analysis ).
Since BTC.D% ( CRYPTOCAP:BTC.D ) started to fall from the Heavy Resistance zone(63.30%-57.10%) and after breaking the lower line of the ascending channel , we can confirm that Bitcoin's dominance on the crypto market can end for a while. If the cryptocurrency market wants to have a correction , Bitcoin can experience a further correction. If the crypto market wants to experience an increase again, we can say that we have entered the Altseason .👇
I expect Bitcoin to fill the CME Gap($93,835-$93,720) AFTER breaking the Head and Shoulders Pattern's Neckline and Support zone($95,600-$93,200) and then decline to at least the H&S pattern's target(around $91,000) .
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
⚠️Note: If Bitcoin goes above $96,800, we can expect Bitcoin to rise again to the resistance lines.⚠️
Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Do not sell your BTC before 6 DigitsBitcoin continues to trade within the broadening wedge pattern, maintaining a bullish outlook as the market eyes key levels. The immediate challenge lies at the $99,600 zone, which serves as a critical resistance. A breakout above this level would signal a continuation of the uptrend and pave the way for higher targets.
The plan remains to re-accumulate within the current range, using the resistance zone as a focal point for breakout confirmation. Upon successfully clearing $99,600, Bitcoin is poised to rally toward the $115,000–$117,000 zone, marking the next major bullish target. This setup aligns with broader market expectations, signaling significant upside potential.
As always, market conditions should be monitored closely for any changes in structure or sentiment. Let us know your thoughts on this view and how you’re approaching the current Bitcoin landscape.
BITCOIN Where were you when it broke $100000 ??It is officially history! Bitcoin (BTCUSD) finally broke the ultimate (until the next one!) psychological level of $100000. A price tag that was discussed as myth/ desire/ utopia not so many years ago. Perhaps the level that will go down in history as the future global currency's transition from its retail to the institutional phase (thanks Blackrock!) and on its way towards an eventual mass adoption (Amazon, X, Netflix and others are you listening?).
Well this post isn't an analysis. It's a festive one, a well deserved round of victory for HODLers who ignored for so many year the pessimists, the negative ones, the "Bitcoin is a scam", "Bitcoin is a fraud", "Bitcoin is going to zero" ones and kept holding. And those who will keep holding until perhaps $1000000? Who knows? Who can now deny it??
Well, lets have it. In the future you are going to hear the following a lot.
"Where were you daddy/ mommy/ grandpa/ grandma, when Bitcoin broke $100000?"
Indeed, and it will be a valid question. This will be bigger than the classics of why didn't you buy Amazon, Google etc in the late 90s/ early 00s. Or Gold in the early 1900s (yes great grandpa, that's for you!).
So let's wrap it up and this is a call for all of you to answer it and make a fun discussion in the comments section below:
" WHAT WERE YOU DOING WHEN BITCOIN BROKE $100k??? "
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
UBER Technologies, Inc to crash 35%And that might just be the beginning of the end for UBER.
** A forecast for the months ahead **
On the above 6 day chart price action has rallied an astonishing 300% in the past 24 months. A number of reasons now exist for a bearish outlook. They include.
1) “Insider Has Just Sold Shares In Uber Technologies”
“Chief Marketing Officer and Senior Vice President of Communications & Public Policy recently netted about US$2.0m selling shares at an average price of US$72.90.”
simplywall.st
Don’t ignore insider selling.
2) Price action and RSI support breakouts.
3) Regular bearish divergence.
4) The Put/Call ratio. Calls outnumber Puts 3 to 1.
Is it possible price action continue up? Sure.
Is it probable? No.
Ww
Nvidia: Next Leg Coming?Nvidia has been mostly quiet since the summer, but some traders may think another move to the upside is coming.
The first pattern on today’s chart is the August high of $131.26. NVDA broke above this level in the first of October and then pulled back to test it in three different weeks. Has old resistance become new support?
Second, the 50-day simple moving average (SMA) recently converged with the 100-day SMA and is now pulling away. That may suggest its longer-term trend is getting bullish after a period of neutrality. (The activity also resembles patterns in late 2023 and early 2024 before the chip giant doubled.)
Third, stochastics are rebounding from an oversold condition.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
GOLD DAILY CHART UPDATEHey Everyone,
Another ranging day on the charts today, which works perfectly with our strategy and plans to buy dips, as we are able to continue to use the weighted level to take the bounces.
Please see the daily chart update, to give you all an overall view of the range. We are playing between two weighted levels 2629 and 2686. 2629 is still providing support with no ema5 lock below.
This is allowing us to use our smaller timeframe analysis on the 1H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD → Consolidation before a strong movement. But where to?FX:XAUUSD continues to consolidate and we have questionable preconditions that indicate both a possible fall (fundamental background) and growth (technical background).
Gold is holding back after Fed Chairman Powell's speech:
The US economy is in remarkably good shape.We are moving very quickly with rates.
"I am very pleased with where monetary policy is right now"
Unemployment is still very low and progress is being made in fighting inflation
The focus remains on the jobless claims data and NFP at this time
Technically, the focus is on consolidation in a locally rising channel format. A price exit from the channel in either direction may be accompanied by a strong impulse.
Resistance levels: 2655, 2660, 2688
Support levels: 2636, 2620, 2605
Two scenarios due to mixed and stalemate situation:
black: Powell commented on the situation as strong enough for the US market, accordingly, gold is forming a consolidation in a flag format, which is technically a pattern for a continuation of the fall.
blue: On D1 there are prerequisites for local growth. If the price breaks 2655, then 2660, the growth may continue to the zone of interest 2688.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
BTC - Short Term Trade - Long Term Room To Run - History RepeatsBitcoin trade triggered and there is going to be a lot of hype surrounding what seems to be the Holy Grail level of 100k.
I posted this trade in the group as I mentioned a couple days ago. I have been for months mentioning that I was positioning myself for a run to 130k. Nothing has changed. In the 50's I said add some here, at 70k add some here, at 95k add some again, while others are giving play by play of what Bitcoin is doing and giving the great insight that it "may go up, or may go down".
Now does Bitcoin hit 130k in this run? I don't know and neither does anyone else, but I am positioned for it. If I am wrong there is a stop in place to minimize losses so it is not like I bet the farm on 130k, but I am also not scared to take a chance here.
I do want to be clear that the big money has been made already, do not expect the 10-20 bagger moves from here, but a 30% move is a 30% and for a trade that is a nice RR.
Regardless I believe we trade 130k sooner than later and once we break 110k, the race will be on.
As far as your long term investments, I am holding here, there is no reason to sell yet. Lets take a look at the broader picture and why I think there is still a lot of room to run with Bitcoin
Looking at a broad chart of Bitcoin there is a pattern of Bitcoin rallying for months after it breaks out of the previous high. Does history repeat again? I don't know, but I can tell you history seems to repeat itself.
In addition you can see a pretty consistent trend line and then you get that blow off rally lasting for a few 6 months. No reason to not think that won't happen again. Sure maybe I am wrong, but you can't make money if you don't take risks, and there is no reason NOT to be long here, NONE!!!
The same people being cautious at the breakout, are the same ones that were cautious at every breakout. Yeah follow them and you will miss the move to 250k.
Best thing of all? I am free! I trade and post because of the passion I have, I don't need your $30 a month.
Bitcoin - Time to buy again!Bitcoin has completed its third upward wave and is now finishing its fourth corrective wave. Therefore, it can be concluded that after completing the fourth wave and forming a flag pattern, it may reach $104,000 or $107,000 in the fifth upward wave.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD ROUTE MAP UPDATEHey Everyone,
Once again our chart idea delivered the goods with our weighted retracement level providing support and bounce like we highlighted.
We were once again able to buy dips inline with our plans with the movement from 2631 to 2647. However, now we have ema5 cross and lock above 2647 opening the range above.
We have been in a similar play range all week with both ranges below and above now left open. This is typical of ranging market conditions and as always our strategy to buy dips from our weighted levels allows us to navigate the traps and secure the pips.
Our lower weighted levels are in place for bounces inline with our plans, should we see a failure to fill the gap above and see a drop below.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2668
EMA5 CROSS AND LOCK ABOVE 2668 WILL OPEN THE FOLLOWING BULLISH TARGET
2696
EMA5 CROSS AND LOCK ABOVE 2696 WILL OPEN THE FOLLOWING BULLISH TARGET
2713
EMA5 CROSS AND LOCK ABOVE 2713 WILL OPEN THE FOLLOWING BULLISH TARGET
2733
BEARISH TARGETS
2647 - DONE
EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE FOLLOWING BEARISH TARGET
2631 - DONE
EMA5 CROSS AND LOCK BELOW 2631 WILL OPEN THE SWING RANGE
SWING RANGE
2609 - 2592
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
BITCOIN HITS $104K, Target $114-115k!🎉BITCOIN HITS $104K 🎉
Year 2018: “Bitcoin is going to $100k!” – It dumped after reaching $19,878.
Year 2021: “Bitcoin is going to hit $100k!” – It dumped from $69,880.
Year 2024 (Dec 5th): Bitcoin has finally hit $104k.
We did it, folks! We won! 🙌
The patience and perseverance of this community is truly extraordinary.
Remember when we said governments would adopt Bitcoin one day? It’s happening now.
$100k was once a Crypto trader’s dream; now it’s a reality.
If you've been grinding through this for years, you're a real champion. Learn from your mistakes and never let anyone bring you down. You are amazing, believe in yourself. Money follows those who stay resilient.
For me, it took two full cycles to make life-changing wealth. The skills and lessons learned along the way are priceless.
If you're still struggling, don’t worry, stay with me this cycle.
Looking at the chart, $114k seems like a reasonable target before any potential corrections if you analyze the structure. Although no one can predict for sure.
Congratulations again! 🎉
If you’re reading this, you’ve made it. Please share it and like it if it resonates with you.
Thank you.
#PEACE
ROAD TO 125K !!!ROAD TO 125K !!!
Maybe your biggest risk is your biggest chance.
Do you believe that ?
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
"Stepping Stones to Success: A Target-by-Target Market Roadmap"Traders, ladies and gentlemen of all ages, gather around! Let’s take a moment to appreciate what’s unfolding before us.
Today, I’ve uncovered a *hidden pattern*—a revelation that could shift the game for many of us. The candlesticks, as always, speak the truth, and as I’ve said before, their signals don’t lie. The wicks, those storytellers of highs and lows, have revealed something remarkable. What can I say, my fellow traders? This discovery could bring clarity where confusion reigns.
Bitcoin, recently marked by whispers of a gravestone doji, was never condemned by my hand. I simply issued a word of caution, warning of a potential correction. That correction now seems inevitable, but here’s the twist—was it all a bear trap? I’m close to finishing my analysis, and I’ll share my findings soon.
What I’ve uncovered is a hidden divergence. But the question is, what kind? Is it bullish or bearish? Those of you familiar with the drill know the signs: a low and a higher low on price, paired with a low and a *lower low* on the oscillator. To me, this signals **bullish potential**—a chance for the market to surprise us yet again.
I’ve said before, we are in a bull market, but we must always prepare for the bear market. Right now, we’re witnessing an excellent example of this delicate balance. Bitcoin is expected to face a significant fall, yet there’s a glimmer of hope. My algorithm confirms a potential rise, giving us reason to stay confident.
I also want to emphasize an important point: please avoid jumping to conclusions or assuming anything about these targets beyond what I have explicitly shared. My stance is clear—these targets are strictly conditional, and I will revisit them only after the necessary criteria are met.
Here’s where we stand:
Target 1 at $96,674 has been successfully reached, and now all focus shifts to Target 2 at $97,149, which is next in line. Once this target is achieved, I will thoroughly reassess the market conditions. Only if circumstances align will I consider activating Target 3 and possibly Target 4.
The rationale behind each target:
- Target 3: Psychological Influence
The level at $99,879 represents a psychological barrier. At this stage, traders and investors often react significantly, whether by taking profits or making strategic moves based on the symbolic proximity to the major milestone of $100,000.
- Target 4: Technical Analysis
This target stems from the Average True Range (ATR), which measures market volatility. It reflects the expected price movement within the current market dynamics, making it a calculated and technically sound projection.
For now, Target 2 at $97,149 remains the priority. Any decision to pursue Target 3 or Target 4 will depend entirely on how the market behaves once we achieve Target 2. If the conditions are favorable, I will proceed, but only then.
Let’s take this step by step, focusing on precision and discipline. Stay tuned!
BTCUSDTThe BTCUSDT outlook today:
BTCUSDT looks bearish on the H2 chart, with a potential target zone around 88767.25 and a bias towards 82500.
We have a supply zone at 99000, with bearish pressure at (C) resistance. If the price breaks through this level, it will nullify the setup. Additionally, above 100846.57 would be the ideal point for assessing the stop loss (SL).
* On the daily chart, the BTCUSDT is bullish overall, despite looking to be in a bearish retracement.
Happy Trading,
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Yesterday we wanted the support level to hold on the red box and give us the move upside to target the resistance which worked well for us during the early session and again later in the NY session.
We then held back due to the range expecting another attempt at the 2655-60 region which didn't come, however, we managed a lovely long from the Excalibur Hot Spot which lined up with the Red Boxes giving us phenomenal trade to end the day.
We're now at Red box active support, so a bounce here should take us up into the 263035 region which is where we would ideally want to see a reaction in price. Having said that, we have NFP tomorrow so a break below can take us into the extension of the level below 2610-15 on the stretch. We're not really looking to stay active on the markets now, rather wait until NFP tomorrow, assess the chart and the indicators, then decide what we're going to do. For now, it's been a great week on the markets, we don't want to give anything back.
RED BOXES: Break below 2640 for 2635, 2630 and 2617-15 in extension of the move
As always, trade safe.
KOG