Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
NICE INTRADAY SETUP.. PRICE IS CURRENTLY TRADING AT STRONG SUPPORT ON THE 1HR
price is currently at support but the euro is still weaker than the cad making this bear market a very strong one .i am expecting a retracement to somewhere around the trendline before a continuation of the impulsive move
might look for potential setups at the right shoulder or a break and retest of the neckline.my overall bias still remains bearish .
i am still bearish on this pair . i will be looking for a possible re entry if price plays out as i have planned . if not then ill just react to whatever price does . i am a very patient and reactive trader .
two possible moves to look out for . although i am not looking to trade this pair however these are very good setups to look out for . a quick turnaround from the resistance zone or a break and retest of the resistance zone
there might be another opportunity to hop on the bandwagon from this level !
here is what i expect to see from gold in the coming week ! i will be watching gold and hopefully will be able to place my first ever trade on this metal ! enjoy your week !
price has been respecting the trendline so im expecting a trend continuation to the downside