EURJPY below down trend ,Highly respect it's tend
Pair broke important Key level @ 117.50 , now it's strong resistance
Price just touched it's down trend and should rejected strongly now
Pair running below 100 MA
MACD & RSI show weak momentum price show congestion , so explosion is soon
The most popular cryptocurrency could not confirm its presence above $8,300 and on Thursday, October 3 initiated another correction. It moved down to $8,238 after dropping as low as $8,035 during intraday.
We saw the price of BTC dropping even lower on the last day of the workweek when it ended the session at $8,151, but not before testing the $8,000 support one...
As expected BTC dominance started dropping. I expected 74-75% but it came up just short.
My custom indicator "Top Goon X" gave the signal and the dead cat bounce to the .786 which is where we expect it to continue down.
What will happen next?
It's likely that dominance drops a small amount more. Once my indicator breaks below that blue zone we will likely see a...
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I published 2 videos this morning on my YouTube channel - Dumb Money Trader. The first was on why the market is up today, and the second was showing you my analysis on this very chart publishing here on Trading View.
Check out the videos, hit the like button, and subscribe if you haven't already. I'm working on other video projects for the channel, and I think...
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GBPUSD touched 61.8 % ( 1.2200 ) Fibo retracement , it was very strong support hold pair from more decline
GBPUSD Now breaking down trend line
the pair breaking also symmetrical triangle
When confirmed breakout happen it means Bullish Trend start
pair running now above 100 MA on H1 chart
Bullish Divergence on recent low.
Bottom candle printed today
Sitting on very strong support at 15.50.
Recent selloff will give way to second tier stocks such as IQ.
Great value here.
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P/E Ratio (with extraordinary items)
It would be a bit risky and you should definitely wait for a bullish candlestick formation from 1H or from 4H timeframes.
3. Fibonacci retracement
4. Fibonacci Extension
5. Previously worked support
6. EMA100 from the Weekly
7. As said, it is a bit risky so, wait for a bullish candlestick pattern formation.
GBPJPY on H1 chart finished bearish correction wave
Broke minor trend line and continue it's bullish original trend
Pair rejected on very strong support @ 132.25 and form H&S pattern
Volume analysis show that pair success to penetrate strong area of supply and demand
Bullish signal through MACD confirm the new direction
GPBAUD Still respect it's down trend
past correction up wave it was just correction wave
pair find strong resistance @1.8290
still moving below 100 MA
Target of sell when price touch the major up trend
NASDAQ Still moving below it's short term down trend
Minor Resistance @ 7730.0 stop it's advance
Past bullish up wave it's just 50% correction for main bearish wave
price still running below 100 MA on H1 Chart