on GBPCAD next week I will expect bullish continuation in a rising parallel channel.
On my focus will be a supply zone around 1.64 level,
I will be looking for a short trade in this area.
Bearish breakout of a channel will be a perfect signal for us to open sell.
Target levels: 1.62 1.60
@Allmypips #Ripple long term analysis.
Looking back to 2017, we can see that there was a very similar lateral support zone.IF we can see before 2017 support resistance level crypto market always repeat circle (HIGH VS LOW).At the moment price holding the major support level. You can see on the chart current price, moving the same pattern like 2017 bullish rally....
google news and business media screwing for this kind of business.
aws, googl,e ibm, microsoft, siemens,t-mobile entered now this business.
We will see a lot of partnership for this new technology in coming weeks and until end of year.
x6 minimum, x20 with good luck until 31.12.2019
Other than a small HODL bag I am in USD waiting to buy on break out above 10540. Might take some profit in the 10900 range if it struggles. However I am hoping for a straight shot to 11500 in this scenario. Honestly if we go down from here below STOP range I don't know if 10k will hold again. If that happens I will wait, reflect on my life, and most likely be...
Excelente confluencia de señales para entrar en corto para un buen swing trade. Rompimiento de tendencia alcista, pullback en nivel 50 de fibbo y formación las ultimas semanas de una tendencia bajista en crecimiento.
S&P500 currently consolidates around strong level of resistance 2940.
I am focused on 2895 minor structure support level.
If bears break and close below this level,
for me, it will be a signal to short the market.
T1 - 2860
T2 - 2805
*if the market closes above the resistance setup will be invalid.
During overnight session market has rallied to 1.618 Fibonacci level of day before yesterday's RTH level.
Until tariff news came out of China, market sold off aggressively.
Most of the time, market will retrace and test 50% or 61.8% level of sell off.
Today might be a good day to keep an eye on all Fibonacci levels for this weeks RTH session.
Level to watch...