FxDollarz

FxDollarz

Waiting for price to come down to trend-line at 1.1850-1.1860 and a bullish candle. Target 1 ~ 80 pips (1.1960) Target 2 ~ 120 pips (1.2000) SL - 50 pips

FxDollarz Updated 

Will go short if price breaks below 111.20 25 pip stop-loss 35 pip target 1

FxDollarz

Its been a wild year for Bitcoin, up almost 700% YTD, but it looks like the party is getting exhausted. Price keeps making new all time highs on low volume, but we are seeing a different story on our RSI momentum indicator. Both the previous two major price corrections were preceded by momentum falling off and once again we are seeing the RSI diverging from price....

FxDollarz

Potential 38% retracement down to the lower bound trend-line.

FxDollarz Updated 

WEEKLY- Looks Bullish Price was able to hold the 23.6% retracement and we were able to break the high of the previous week. Looks like price might want to retest the highs again. DAILY - Possibly Bearish Price has entered a very strong inflection zone and has hit the monthly pivot point, which also coincides with the 61% retracement from the daily...

FxDollarz Updated 

Possible rejection from all time high resistance back down to the lower trend line. Confluence at $4200 price level from the 0.382 fib line and trend.

FxDollarz

Are we going to break through the all time highs or will we retrace back down to $3000 before taking off? I Don't Know