ETH is definitely at a make it or break it point. It will be very interesting to see how the crypto market reacts this next week. Let's see how low ETH and the other ALT coins can go.
Gold is looking really good for next week. I am going to let it play out a bit, I feel like we could find support soon. I will be watching to see if we start climbing back to the upside or if we are going to completely melt. Definitely on my watch list for next week!
EURUSD Slight push down with EU I felt like we would see more downside pressure, but we seem to be maintaining current support. I do feel we could still come down to 1.10 but now I am going to be extra cautious because we could start pushing to the upside.
Bitcoin is at a very interesting level. I am very happy to see that my previous key level was met precisely. Overall I am favoring more downside movement I honestly feel like 3500 is definitely possible. HOWEVER I believe we may retrace to the upside first before continuing to the downside. I do believe in order for us to finally see another bull run we needed...
EURCAD Looking very interesting. EC pushed to the upside made a new high then melted back to the downside. I feel we are going to come down further but it is going to be key to wait patiently for a pullback so we can secure a clean entry. Keep in mind that we are still in an uptrend so we need to be cautious.
GBPCAD After making a new high we have rolled over to the downside. I will be watching to see if we can push up and make a higher high, or if momentum slows down and we fail to make a new higher high giving us a great entry for a short.
NZDUSD Looking like a really good short opportunity. It wasn’t as clean as I would have liked but definitely is looking like a good short.
USDCAD We need to wait patiently. We might be able to secure a nice short position from the top which could end up being a very big win for us.
EURAUD Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
EURNZD Potential reversal developing, we may go long soon. It is still too early to tell, still holding on to previous shorts.
Still holding a small UJ short. SL at entry.
EURUSD Still expecting more downside movement with EU I would like for us to be able to secure a clean entry so waiting patiently.
NEW SIGNAL EUR/NZD LONG, buy Entry: 1.734 Target: Open Stoploss Below: 1.727 Personal Risk: 1%
EURUSD Trade currently active. I believe we have a made a lower high and we will be pushing to the downside to make a lower low. We could push to the upside where we may take another sell position but this trade is looking really good and I am favoring downside movement next.
I believe that the market is going to have some big movements soon. I think the market is going to pull back a bit then surge up hard tricking traders into thinking a true bull run has started. I think there will be at least one more massive push down to retest support to shake out traders before another true bull run starts. With the bitcoin halving coming soon...
EURAUD As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short. To see our full market break down join our Forex Telegram Channel...
AUDUSD Looking very bullish right now, 0.67 seems to be holding nicely as support. Overall AU is weak but for the time being it is looking bullish. I believe a retest of 0.69 could be coming next. Do we have enough pressure to continue climbing or will we roll over and retest 0.67 once more. To see our full market break down join our Forex Telegram Channel link in my bio!
USDCAD Big movement to the downside as previously expected. We are currently floating around strong support, but overall we are looking very bearish. After a big push down there will always be a short retest to the upside followed by possible strong movement to the downside to continue the overall trend. UC is a tricky one because if we do sustain at these levels...