I have a few technical reasons to think TLRY is resuming its bull run. I got in a little early, but I still like how the chart looks at this point.
Found support on prior resistance at about 16
Found support on 2 year old Descending trend line
Still on a multi-month uptrend
NASDAQ:TLRY
There is some weakness from resistance line and trend line, which may indicate USDCAD will resume the downtrend. If this is so, this might be a good entry for a short, with possibly a +150 pips move. Will watch and wait for confirmation.
FX:USDCAD
CADJPY is about to breakout from a multiyear resistance. There is no confirmation yet of the direction of the breakout, however on the smaller timeframes looks bullish to me. Either way it breaks out, this is a good swing trade with a +300 pips move. I'll keep an eye and look for confirmation. What do you think?
FX:CADJPY
EURUSD seems to have broken down from an ascending wedge. Will the downtrend continue for the next few days/weeks? I'll follow it closely, but my bias is bearish.
FOREXCOM:EURUSD
XRP suffered quite a drop the past few weeks due to a SEC investigation. It is uncertain how it will turn out long term. But for the short term, I'm liking how this setup looks.
BINANCE:XRPUSDT
