Just watched a doc on tele about bitcoin.
I was "around" in 2000 when bitcoin was on the inside agenda. :)
I like the idea as a natural scientist of a Economic Asset outside official interference.
so Dear Bitcoin be a grown up and act accordingly to basic Tech. thank you $$$$$$$
When 450 million $ is lost there ...
The pair has bounce on fib channel baseline, and has had 2 minor range area in H4.
Forming a strong Rs area at 1.62500 +- wich coincide with Chanel Baselin.
Caution. trend line is new with only one contact
as long as it's intact, its open for major pips 500 min
Ti is 1.6900
The major bear move today open a posibility for a long position. 1,52200 is key Rs on severalo ocasion. Its' trading below Major Rs and above Local Rs.
Entry 1,52300 - 1,52500
Tp 1 1,53600 Tp 2 1,55000
Eur cad has shown Sup around Major Rs and stays tuned both in acending Major - and decending Minor Fib chanel
A head and shoulder pattern is forming in 4H
It Bounces on its major Rs Completing it's old range.
High reward since Sl are kept at Major Suport and posible high payout
Entry : Around 1,4900 Sl 1,4950
betting on a small swing above fib then a return to range bottom
RSI and mACD confirms slight bear
near range and Major Sp.
Flag on 15 m confirms a swing above Fib
Entry 137.8800 Sl 137.4500
Tsrget 135,62 or 133,700 Major median
Reason. Euro has satbilized it's long term bull trend Grexit is done More or less. I am firm on Euro long term trend
RSI - MacD slight Bear
T1 137.20 T2 139.000
Entry 15m: 135.000 or below 135.4000
As long as 134.6400 is intact it stays in Fib chanell
Wich has a trend line from july 2012 ...
Normally I dont play this baby far to expensive if it goes wrong, But with WTI jumping up like a nut case and NGAS waiting for a break out this could be an intriguing play. I'l wait it out a bit more but looks okay
The Bear is Out
My previous Flag on gold panned out nicely with about 5000 tick And I missed it !!!!
This time I tried it on RSI, H4. Where it fits nicely. WHEN you adjust it manually, it pans out all the way to 15M.
May bee one break out or spike to about 1.250,00 If not it goes straight down with ultimate target ...