("FCT" = Fractured Counter Trend) Here I used a pitchfork based on the first fractured CT from the December 2018 structural low. It seems to fit the action quite well, so, IF Bitcoin drops below its current dip (the low of the larger FCT - high blue arrow), look for the turn around at or near this rising level (as indicated). Likely a hit of the top of the...
EURUSD was down to 1.1190 area which is not too surprising after the nomination of Mrs. Lagarde to be the head of ECB. I think she wouldn't get the majority supports of investors.
As for our analysis, yes, it broke 1.1250 but it could be foretell based on our trend lines. Now, the price has move out of the down trend (Yellow trend) and moving upward in the upper...
Could be a big move some time soon with Fiber needing to cover much ground in light of USD weakness.
FX 5 June EURUSD
Buy at / above: 1.1273 Targets: 1.1300 --- 1.1333 --- 1.1366 --- 1.1398
Stoploss : 1.1240
Sell at / below: 1.1240 Targets: 1.1213 --- 1.1180 --- 1.1148 --- 1.1115
Stoploss : 1.1273