Lots of confluences for this trade to get SHORT as u can see from the chart: Resistance Fib level High test candle Deceleration 50 ema bounce
So, 1st Fib. level has been broken. Target is 50% now
NZDCAD - Selling Set Up - CAD Strong at this time !
Last time i saw a set up but it doesnt triger , lets see if this Set Up Breaks out nicely
Looking like a flag at this stage, which may terminate at the .618 range. Upwards trend should continue and with the next push up we will test the previous high at 3130. Whether we break through this time or not is still in the air. However I firmly believe that we will ultimately break this line and move on to test 3340.
After the crash of the chinese stock market (which happened twice!), a BUY oppourtunity up seems like a very strong opportunity that exist. Currently USDCNH is in a pendent formation. My bet is that it will go I've personally never traded this pair before, however it is a rare opportunity and possible capitalization exists.
EURAUD POsible consolidation before it goes up again !
My analysis - bullish gartley pattern + symmetrical triangle .
Looks like we could go either way here. Still a way off, but these are on my radar.
go long because of: - increase in media attention - lots of international organizations are now supporting the value of blockchain and bitcoin - macd is pointing up - crossing rsi pointing up - increase in volume - steady growth in price & volume since november/2015 Maybe the big players are trying to replicate the 2014 spike to 1K USD per coin?? Who knows...