Next Tuesday it could be bullish again.
For short grab the moment - on a daily basis, when the TENKAN crosses the SMA 20 down. See the blue circle on the left.
At the intersection of the two, at the same time, the price should leave the orange-dashed line, which would be a convincing confirmation of falling prices.
As long as there is no break and close, on a weekly basis, over 12579, then next target would be 12037 respectively 62% fib ...
Generally, the DAX should sooner or later fall to SMA 50.
Thereupon had to be re-evaluated, because both directions would be possible
Which path will be taken this third quarter: blue, black or orange ?!
That depends on the weekly closing price.
With weekly close over the top black line next week I would prefer the blue path and expect 3306. To reach 3306, the price may be bullish even without stronger resets.
If, on the other hand, next week closes below the black line, then the black path...
1.3068 should fall because 1.3011 is a "must-have target".
Well, July runs deeper than June.
1.2974 is first support ... after that either / or ...
If USDCAD is indeed in a larger A B C correction, that could have a positive impact on WTI.
Because I expect a HH in July than in June, I would like to see if NZDUSD can rise to 0.6810... in the first 2 weeks of July.
Watch for 0.6712 this week.
As long as there is no break and a clear closing above it, we can expect falling prices, and for this either the blue or the red path would be a possible development.
Hello guys, from the holidays here a BTC chart ...
"December Matrix" (see vertical lines every December):
*** ATH = December 2017,
*** last low = December 2018
*** next high = December 2019
Currently wave 5 is running (from the blue a), which should be ended either at the beginning or at the end of July.
The first next resistance zone is between 11553 &...
If BTC does not fall under 1917, then everyone can be glad, because even deeper could not be excluded.
(See red dashed lines below 2K on the chart.)
This scenario would negate the closing price on a weekly basis over 14500.