after such impulse i believe that we can go lower; at least to the level marked on the chart
one of the best around
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13th September 08:28 Bst Shanghai Composite Index SHCOMP A Technically Perfect Bounce This was meant to bounce from the the big double bottom set-up at the 2639 line. In the event it fell to 2647 before bouncing about 1% or so. However this index is so far still stuck below the upper parallel of the original downwave and is therefore not out of the woods...
Looked funny on some guy his videos , looks like the analysis prices this at 22 , i am not a trader so be cautious with this .
Bitcoin: BTCUSD 3 minutes too late... The fall from the right hand shoulder peak at just below the next long trigger at 7425 has been greater than expected for sure. Any stops under buy orders at 7250 have been blown away. Not good. Any day-trading profits from upside earlier to 4725 neck line now reducedby the bad recent long if buy orders at 7300 were...
Looking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe....