Jeepers Creepers.. how is this for a crash pullback, long setup?
The mid-280s level is giving us some trouble breaking passed, therefore, I see this triangle forming, another 280 test and then higher low to gain the final momentum needed to break through 280 areas, then 300+ will come next week!
Hi Guys, We broke down the daily uptrend today on USDZAR after another failed and shortlived rally passed that briefly passed R14.75 and R15.00 with big sellers coming in again to drive the price under R14.75. We broke under the uptrend today and sitting at a support level stable for now. A break below R14.50 and sellers should enter with some support at R14.40...
I am either waiting for a break down and a lower low, resulting as an indication and confirmation of downtrend in channel, Where I would look to open a short and ride it to the bottom of the trend line which is also around 1.68 fib levels. (Yellow line). A reversal where it fails to make lower lows, could result in a re-test of the break out (The thick red line)....
BTCUSD uptrend to continue. Following the end of the weekend (sideways consolodation bullish flag pattern) and the next couple days leading up to the end of the month (2 days) I see volume growing on breakout and taking out the 8,500 resistance area on the 30th July 2018, followed by a test to hit the upper resistence trendlines of the channel which is around a...