any positive developments from OPEC regarding deeper production cuts will underpin prices, and the announcement of a partial trade deal between the United States and China will be the catalyst that triggers the breakout.
THE US-China trade talks which continue to veer on a positive direction. Still, it’s the data that counts and traders will be looking towards...
It's all in the chart,
Even though we are in bear market, ETHUSD still look strong.
I'm still bearish on ETHUSD for the time being, due to BTCUSD downtrend.
Swing traders: Statistics and probability are on our side.
Don't worry about being right all the time.
You just have to be right 50% of the time to Double your initial capital.
Last 3 weeks price moved down with big strength. There wasn't any rollbacks
On next week there could be pull beck to Sell Zone 1.3715 - 1.3765.
It is better to look place for entry for continuation of trend. If you will open deal at Sell Zone you will be able to hold deal till 1.3295 or 1.3045
-A nice rounded bottom chart seen as the cup and handle formation comes in for a possible bullish trend confirmed by the new uptrend formed by the second part of the handle.
-Volume seams to have significantly increased.
-MACD indicates a short correction and also an increase in momentum
-If the candles break bellow trend line it would be expected to bounce at...
Probability for short . I want to see weekly close however. These days market is so indecisive. Most of the trades are stopped by Spikes , better to stay out. It's possible for USD/CAD to go down , up as well.