3000 level to be retested at least. Id wait until we se what happens there. I believe though that Sell momentum is slowing compared to last year. We had spend a lot of time with a floor on the 6000 region before it broke further down. A lot of us had that as support. In the over all structure , we can easily fall further down should the market dictate it...
The Dollar could breathe and retrace after a few days of falling.
Nikkei index is set for a Bull run as specified in the previous post.
See the link below for NIKKEI225 setup
I see this market wanting to use that, to COMPLETE THE SETUP.
USDJPY aught to use that momentum to make a move from the
0.25 quarter to the 0.5 quarter , namely 112.5 to 115...
Its been a while since I published.
Ive been checking Nikkei 225 for a while. The market has moved to a long standing Bull Trend line, where its developed Bull reversal this trading week over the last two days.
With Asia session about to begin, watch for strong continuation. Yall know how JPY react. Very solid movers once a move is in play.
This current level...
Its the first time Im analyzing and publishing Bitcoin.
we may have reached a pivotal BUY point in Crpto . Bitcoins movements sift the whole market so ave a look at the chart.
Triple Bottom, with a Higher low developing. All this on a oft tested level of 6000.
Still has to break the Bear structure and may have a retest here or lower, but none the less this...
we have US data out today 12 Jan 2018
the worst case of which will BEAR SPIKE a number of
USD pairs, but the LONG SETUP is well underway ie - HIGHER LOWS ON INDICATOR
and presents numerous buying ops
DO'NT get too excited, keep an eye out and trade with caution at all times
CADJPY is sitting in a powerful zone f support ... if your scalping this might be a nice opportunity....RSI POSITIVE DIVERGENCE and CANDLE STICK REACTION tells me there may be buyers ready to pounce on here for you to make a quick cash. On a larger scale , this maybe a sweet entry for a bigger long on this pair ...
North Korea Missile Launches, NFP, GOLDs Bull momentum ...
Either way, DOLLAR is holding strong ... Check a number of USD base pairs and see them holding in support zones in spite of Gaps
The Dollar is ready to make its move . But will have to break resistance first
Since GOLD has cleared out most of the Bears along multiple time scales up to 4 hours (IntraDay).
Its Left for DAILY RSI to hold support at 50. Which it has done for the whole week. The longer its held, the more legitimate it is. (Check yesterdays Buyers launching at this level)
This is inspite of all the pressure from DOLLAR buyers who want the greenback to be...