dephil

dephil

Overall trend remains the same but the waves have changed since my last posted idea.

dephil

I think 5500-6000 is a good entry point for long term. Short term: Bullish Medium term: Bearish Long term: Bullish

dephil

There are lots of support/resistance points on the cup as you can see. Let's see how it plays out.

dephil

A possible bear leg(5) on USDCAD

dephil

I found something interesting by messing around with the cup on bitcoin. By matching the border of the cup with at least two turning points, we find out multiple supports and resistances. There's a possible double top at around 20k in mars 2019. Everything is possible, let's see.