Had to hand draw the MIDAS lines as I cannot post MT4 images. All just to show the next resisantances for LTC at 64.50, (the MIDAS curve and the sell orders) plus a long channel going way back that it must break out from ... it probably will as BTC is due another 'little' push.
We all await the EUR news this week and it had better be a significant move from Mario. My humble play is that the EUR will spike (maybe to 1.1XX) then dive (like GBP). EUR loves the 50% retracement and this fib level conincides with a S&Demand level / a previous top on a downtrend / the extreme of the most current trend channel.
My first so simply idea. Pure Sentiment. ---- Elections and Scot Ref are priced in real late (the night before!) ... Brexit is different. GBP is strong, especially against a muddled USD ... BUT sentiment around the Brexit issue is so very nervous. What will trigger the main decline even if months away? Carney today may be that trigger? Look what Boris's political...