RyanXavier

RyanXavier

On the Daily TF, we can see that BTCUSD formed a higher swing low on the region of $33,500 which most analysts including myself expected to be broken with a further downside leg. However the bulls remained strong which is evident on a strong daily candle closure above my moving average & $36,670 - signalling that we have the momentum to continue pushing to the...

RyanXavier Updated 

BTC has failed to break above $41,500 so we could expect a short term bearish move to the downside retesting support of $33,500. We had a strong 4HR candle closure below $38,660, I do expect a retest however I wont be surprised if we roll down with momentum.

RyanXavier Updated 

We have been consolidating in a 150 pip region that's clearly highlighted in blue, the setup moving forward is quite simple to say the least. As you know from my title I am bearish only because we rejected 141.00 twice, However I'm not sold on that only factor, to consider this concrete we do need a solid break and retest of 139.500 and from that we can see the...

RyanXavier

USDCAD has been downtrending as of late, throughout the day it has made some phenomenal moves, confirming a lower swing high on market structure, our MA's are still bearish and if we manage to have a daily candle close below 1.2700 I am quite confident that USDCAD could drop 170+ pips to my downside target of 1.2500.

RyanXavier Updated 

Lately btc has been rallying parabolic on this bull run, so I decided to hop on. As we all know what comes up must come down, here we do have some bearish signals being provided by the candlesticks. $32,500 support has been broken and if we do have a close below and (fingers crossed) a retest of this level we could easily have a short term correction to $29,500...

RyanXavier Updated 

Here on EG it looks like we are set for a bull run. We have reached the support of this wonderful descending triangle, lets see if we can break to the upside to 180 pips. I could be wrong, I could be right :).

RyanXavier

I was late to the show but not late for the main event. We have quite an interesting setup on GJ from the occurrence of an ascending trend line breakout followed by a retest and now we might be in a bearish continuation. Currently we have now touched a support region of 135.750, in order to consider a short trade is for a daily candle closure below 135.655. If...

RyanXavier Updated 

Caddy looks like it could jump 100 pips to the upside. I do expect a bullish retracement leg after the 220 pip drop. I suggest we need to have a 4 Hr close above 1.314 on the respective timeframe in order to achieve this.