Price has broken resistance from bearish pressure and is showng signs of strength. Price is looking for support for another possible climb. The resistance that was broken was strong and previously we can see that it broke as price was still looking for stronger support.. Using the fibs as my guide take profit levels.. I am optimistic for Bitcoin Cash's future.
Price is creeping below support with a couple of breaks. Lookin for a drop with a retest to resistance for a short entry. Possibly this week this move will be made. Lets see what price wishes to do. Watchlist with short bias.
Price has made it to resistance but I dont think it will stop there. Strong push through 200 EMA.. Looking for price to break resistance with a retest for a long opportunity. Will be watching this week for the price movement.. Watchlist with a long bias..
Nice price action at a major level of resistance. Price may still climb up but at this time, looks bearish.. This week price should make its move to support the direction it wants to go in. My bias is bearish at this time. Looking for price to break my cloud to support a short position. -Watchlist with short bias
Price has ripped through and climbed above an important level. Its been a long time since price has seen this level. What now? I am looking for a retest of the level. If no retest, price may either proceed into the bullish landscape or break back down below the level.. If I dont catch the fish this run, I will watch for the next wave. - Looking for buys with Long Bias..
Price appears to be in a prime position for a retest at a broken level. Will be looking for a retest with price action for a short opportunity..Idea is invalid if price runs back up with the bulls.. -Set to watchlist
Price is heading towards a strong resistance zone which may potentially cause the price to dive. Watching this level of resistance for a weakened price to support a reversal. This trade has the potential for many pips with a short if price respects the structure. Keep an eye on it.
Price is climbing towards a hefty level of resistance. Seeking a reaction to price to determine if Aussie will decline.. If permissible, price will be shorted to red line shown as take profit target.
Price reached a heavy fib level. Watching to see what price wants to do. Potentially a declining point for price… Potential target listed in case of decline.
Looking to see what price does at this level. May possibly be a declining level for the Pound..
Price has reversed into a bullish landscape. Higher highs and lows are present. Strong support from the cloud supports bullish momentum. My target is open as long as Fib levels are broken.
My bearish bias remains.. Expecting to see a sell off in coming days. Possibly some sideways movement towards resistance. Price is in between two significant Fib levels 1.27 & 1.618. Personally I believe that price will eventually make it down to 1.618 level in due time before a major reversal.. Until that level is reached, I will be seeking short opportunities.
Possible printing of head and shoulders. Price is currently at a 382 level of resistance from daily time frame. Seeking for price to decline and possibly create a right side of a head and shoulders harmonic pattern.. Overbought conditions support the resistance level and will see what price wants to do from here..
Seeking a strong level of support to break for a short opportunity.. Fib levels are the shorting conditions.. Ultimate target at the bottom but would still be happy with a nice short to 618 ratio... The break looks to be coming soon.
Previous double top idea invalid. Price has reacted to structure of daily fib resistance. This is a good zone to short a weaker Euro in my opinion.. SL should be placed high enough above resistance level.. Take profit is 1.272 fib ratio..
Finally what the short traders were looking for... Price action present on daily fib of resistance and decline of price.. I updated my target to .95762... Patience was definitely needed here.. Enjoy the pips my friends ;)
CAD has been weaker recently but Ive been tracking this one.. Will see if price wants to decline at resistance above...
-Price was rejected multiple times at .98 level.. -Price action with bearish engulfing candles indicating bears are in control -Price reached .78% fib level indicating good probability for full retracement -Price remains under clouds in bearish landscape -RSI has not found support level from momentum on the 4hr yet Alternate Scenario: Price returns to .382 for a...