BTC has had a fast retrace after the massive breakout from an 8-month long upwards sloping triangle formation. 50% fib retracement aligns nicely with the breakout level of that triangle (467$). However, I will start adding longs at 500$. After the retrace is over we go back to the wild wild west im targeting 1200s but could much higher.
Testing neckline from previous head and shoulders, expecting resistance.
We have consolidated at the weekly high, we are goin to push higher towards monthly high. Long eu and watch the pips come in, also equities are bearish for the week so should help the euro
We have bullish divergence, lets see if we put a wick at the bottom of channel and then we start adding longs.
Good time to short around 1.40, dollar death is due soon...
Looking to buy apple, still think sp500 will retest 2100s and apple is cheap imo
TSLA is starting to reach the levels that I want to add shorts at. Long term still bearish and we have a resistance level which is within the 50% retracement of this last down leg.
Shorted yesterdays rally, stops above the high holding.