Divergence in cash rate policy between US and Norway, creates an opportunity for shorting the pair. US is expected to cut its rate, while slower economic growth is waiting to hit the dollar. Norway's economy is doing great, and therefore they expect to increase the cash rate. also looking at USO vs the pair, as it have been highly diverge against each other....
*overall view w1 & d1 sell *2hr price moving in a descending channel towards resistance *expecting a bullish scenario 1.3%
EU short term buy target achieved and will be looking to stay short on the pair from 1.12800 currently in profit with TP1 achieved SL moved and expecting a slight retracement till bears attack again. My descriptions are still not in depth but I stick to EU and will post more
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I made a trailing indicator for GANN cycles. These cycles are based off (at least partially) of the zodiac. The short cycles are moon cycles. (closest to current price 7/10/14/20/21/28/30) So as important cycles approach pivot points, price will react or reverse.
Bullish overall - Rounded bottom with big volume increase - Next major resistance 100%+ from support - 290 is a buy, 748 is a sell / caution
Two targets, lots of potential. 192 day cycle is approaching.
At the moment, the Bitcoin price and the altcoins have started to make a slight correction. Altcoins correction depends highly from BTC but just in case let's prepare for technically good entry areas and currently, let's look where it can be on the Bitcoin Cash chart. BCH has started to form a bearish chart pattern called Rising Wedge. If the price and if the...
Description in the chart. Never trade with more than you are willing to lose, this is not financial advice.
Over the last month or so, we saw LTCBTC leading the way out of the crypto winter. It had 2 consecutive bull flags, That was easily traded. Now i see Flag on both BCHBTC and also on BTCUSD. Is it the same route we will take now? I believe so. This is within the next 2 weeks
#BCH support levels - Support 1 $315 Support 2 $275
we can se GBPCHF nice for a short according RSI, but it can go up to 1.33200, this level is a weekly price close, i will short now, and if it reach 1.33200, i will short more
Hello traders and friends! As usual, if you like this content, please press that like button & subscribe. Today i present a short analysis on BCH - the idea should be easy to follow by the chart so I will keep it short. It seems like BCH is forming a IHS (inverted head and shoulders - bullish pattern) The IHS is located inside a bullish flag. RSI is in...