Price is at a decision point near 1.17450 daily support, will price break lower or respect its uptrend line & bounce back to the upside? We will have to wait & see. Also looks like a potential inverse Head on shoulders pattern, so we could see bulls come back in.. Patience is the key
Rising wedge pattern, watch for price at the 3rd touch to bottom trendline or a break to the upside for buys! GBP Data at 1:30 am (Pst) can give this pair a nice boost to the upside potentially
Support and resistance levels drawn, price broke its daily channel to the downside, may come to retest before continuing lower. Watching for a 4 hour close below 1.18100 ish area before shorting .. Price could potentially come down to retest 1.14600 (Weekly zone) before continuing higher..
Watch for a break of channel bottom for long term potential shorts! or a bounce up towards monthly resistance. Price is at a decision point right now & will have to choose a direction soon
NEO SHORT TO 43$ 5-6 days we will break triangle and go to $52
Looking for a continuation to the upside, looking to add positions on the break of the CTL & close above 1.19250..
BCHUSD Update Near Term and Break Points Near Term BCH ran out of upside momentum, double topping at 1461 though this level was actually briefly exceeded, snapping at any bear stops just above it before fading, and showing first quite big red bull engulfing candle off the high of the day...mild rejection, not hot but not cold either, except in very near term...
AUDUSD did not move much recently, so our view remains unchanged; we still see pair making a corrective set-back in wave B which is now trading into some interesting Fib. Support zone with sub-wave c, here at 0.7579 area. We think bounce may occur from here, but keep in mind that wave C leg may occur only if price crosses above 0.7620, which would be a...
DASHUSD DashDollar We got stopped out of the long from 305 at 599 which was cruel considering it bottomed at 596. Just bad stop management - should have lowered it to cover the lower parallel but didn't pay enough attention in truth, so busy with those other 3 favorite girlfriends to pay this enough time. Bad. And got punished for that lapse. Back on the...
Potential breakout of downward channel, looks like a inverse head on shoulders pattern could be in play here so I will see how price reacts to daily resistance
Break of trendline & retest, under daily resistance zone. Short until weekly support before a potential bounce to the upside
At trendline support, will there be a break or bounce?! Lets see how opec effects this pair Tomorrow ..
GJ Fell nicely this week I took it at the top of its channel, now waiting for price to reach weekly support where I will look for a break below or bounce to the upside. Watch for a bullish engulfing for longs or a break of the CTL, price now may build up enough momentum to break out of its sideways channel its been moving in for some time now heading to its next...
Potential trade of the week here as price is sitting above its broken counter downtrend line / daily support. Waiting for a daily close for more confirmation.. Lets see how it plays out! :)
Looking on the daily chart and 4h chart , it looks like price will rise to the next resistance zone but I'm aiming to the second resistance zone which is 19.0 zone - marked on the chart... Best of luck :-)
Watch for a break of resistance & close above for longs or break of the 4 hour uptrend line & support for shorts.. A correction is likely soon however price could reach 10k before doing so
Short at counter trend line / support turning resistance.. Another push down to weekly support is likely