1st do not get confused with my other charts posted on twitter: @fxpiptitan ... This chart shows a continued move downward and as mentioned, look for a possible bounce up: Be Ready. However, keep in mind that the trade signal generated here on this chart has not changed as of yet.
After seeing not much of a reaction from Cable on Friday after the release of the...
With both Cable and Euro, the main overall trend is down.
Cable gave a confirmed sell signal a while back and the signal is holding. Pivot Points to look for are 1.2017 & 1.1986 but my concern - at the moment - is a potential move up to 1.2700's before hitting the lower Pivot Points as mention. I will have a better view come Sun/Mon of next wk.
After reaching 778.00's I expected a pull back, even though I stated I was neutral at that time and now bitcoin price is currently 978.22, I must say this is the only financial instrument that looks to me that the PEOTUS is actually giving a boost. Nothing but gains since the Nov 8th election, no big sell-off occurred before or during election night. However, I...
Trend channel is pointing down: check
Subwindow 1 & 2, both trade signal lines are breaking below the zero mark: check
Look for pivot point 1.0504 to hit (not a trade recommendation, just me sharing a view).