AE/BTC (Retest of Previous Resistance?)AE/BTC
-Aeternity is almost back at previous trading channel
-Since the strong pump up to 2400 sat level
-Where do we expect to see a reaction bounce up?
-The area between 1700-1600 is ideal for a potential reaction
-This zone is a confluence of previous resistance zone & 200D MA support
-Take note also of the upward trendline of support
-This will give extra confirmation that this level is important
-I will always recommend waiting for a bullish reaction at key areas
-If the level will react to turn into new support territory
-Always let the trade come to your
Aeur
AE/BTC (Bullish Daily Pattern?)AE/BTC
-bullish reaction on the 50D MA
-holding off the strong area of confluence
-forming a bullish pattern
-you can enter the break/close above the trendline
-target is the recent top at 1762 sat or higher
-stop-loss is placed under the green support zone
EUR/AUD Daily Update (17/03/17)Many trenches above the price.
Should price retrace higher to the 1.42 zone, it will be a good opportunity to take a short trade.
Next support zone ~ 1.3666
