Dollar is weak in my opinion and looking to run the lows on the daily chart. IF we do break to the upside I will be looking at 91.40 and 91.95 for a reversal. Currently long from last week on Aussie and Fibre. So just managing this for now and waiting for new opportunity. HV News only thurs/friday this week for AUD and EUR
Please see previous video about DXY and Fibre.
This one is just an update to that. Market is still looking good long term even though this week showed dollar strength. But on HTF it was just a little bump to 78s
Link to bitcoin video below
We have come beautifully off the level highlited in the video and I am now looking for this block to break through for a run down to 44k.
IF you are short - remember to pay yourself
So my timing was a little off on LTF and on HRF we needed to make another high here. I am still bearish bitcoin on a technical level. Please understand this is only my view and what I see technically. Fundamentally I have no idea about bitcoin. But from a technical perspective it seems we are in a beautiful short area. Its just about when this wants to drop. I...
FROM THE START OF 2021 WE ONLY TRADED UPWARDS UNTIL RECENLTY.
WE MIGHT HAVE THE HIGH IN HERE WITH LOADS OF DOWNSIDE POTENTIAL ON THE DOLLAR.
WE STILL NICELY ABOVE THE YEAR OPEN WITH A LOT OF DOWNSIDE IN PLAY TO REACH THE YEAR OPEN AND THEN CREATE THE DOWNSIDE FOR 2021
LOOKING DEEP DOWN BELOW 80 IT SEEMS WE CAN RUN DOWN TO 78S TO HIT THE MAJOR LIQUIDITY LEVEL....
Will be looking for longs during the rest of this year targeting 1.3000
Monthly/Weekly/Daily price action is looking really bullish to be. We still below the year open so such an interesting time to see how we expand away in the coming months.
Will be keeping an eye on dollar weakness
Still looking for weakness to take out blue levels - Then off to 91.50
Last week Thurs/Friday was so slow but I liked that we drifted down and respected the resistance above market. I will be looking for trades on fibre, aussie, cable and gold this week. I will also keep an eye on Loonie and kiwi to see if I can pick something up.
Follow for updates - will...