USDEUR: Stuck in near term neutral but a break is coming. As things stand now that coming break looks to be upwards, not downwards so long as today's lows continue to hold
DXY: The dollar index has slipped into near term neutral as markets decide the next break. When it makes up its mind the move should be followed on USDEUR
If we get a big candle to break monthly level, price should go up to my weekly level area.
BITCOIN: Bears can't win yet until they can break 2225-2215 and then 2180 below there. But neither can the bulls unless they can take 2350 out. One way or another, if you're patient enough, this is going to break and if it happens to be to the upside it should be worth following
BITCOIN: BTCUSD Approaching major resistance at 2340- 2350 again. It has to break above 2350 now to remain positive and to re-open the way for 400 point rally back to the high
A break, retest and bounce from that bearish trendline and a cross over the immediate zone could potentially see this pair continue further. personally, i'd wait for price to cross over the 0.75 area for a long, and below 0.74 for short. Will have to wait for the monthly close to get an idea of the direction this pair is headed.
MARKET FORMED A 4H DOUBLE TOP & WAITING FOR CONFORMATION OF TREND BREAK TO TAKE SHORT . ..... LOOKING FOR A 90-110 PIP DROP HOPING FOR A BREAK IN DAILY SUPPORT .
There is a well defined support and resistance zone from 115.50 to 112.00. The USDJPY printed a strong bearish candle with its close price well below that zone. So, a move towards the 108.00 is possible, however the pair may find some buying pressure/take profit around 110.00. I entered this trade at 110.88, stop at 112.50, take profit at 108.50. A close above...
*IDEA *Update Drew in the upper and moved the lower trendline...
*IDEA CCI possible future trend break, keeping a close eye on it... possible future update...
Waiting for daily candle to close above TL and price to retest to enter long.