BITCOIN: BTCUSD The Parabola
Price was 7181 nearly 5 hours ago and it's 7169 now, just
managing to hold above the nearest support line at 7150
Bitcoin certainly has turned dead (remember the end of Carrie?) -
but we know it's just pretending. Amazingly the low today put
it within 24 points of the parabola, which is rising at a hell of
a lick and is at 7080...
UKOIL: Brent Crude - Brent has moved to within 1 pip of the next upside target at 54.60 and is consolidating recent gains. So long as it holds up off the lower parallel the uptrend remains strong and there should be more to come in near term up to 55.15 and potentially higher still as per comment. So stay with it but be ready to short from higher up tomorrow if we...