This could mean that 77.575 is imminent, before upside and pumping. Institutional Traders will have more interest in accumulating more and causing burble just like BTCUSD in the 2015. This could also suggest that the market cap for cryptos will be lesser around those levels in time.
More CONTRACTS were resting on the Weekly high and tapped. Further downside could be see as a result of the untapped SMART MONEY resting BELOW causing the drop in PRICE . OANDA:XAUUSD
Expecting the upcoming news release to confirm the structure. I have a believe on negative release. Hence will push the pair to the shaded blue area.
GBPUSD
Fundamentally, The pair is favored to move to the upside. Having the structure represented, I believe in the shaded area that might find a better Optimal Entry. Targeting at upper shaded area and inclining line..
FX:GBPJPY
With The Falling Wedge Pattern Formation On Both M15 And H1, I'm Looking to go to the downside.
Target At The Shaded Area As It Forms The Strong Level Of Support.
FX:GBPJPY
Should also take note of the upcoming dollar fundamentals, but for the cad, nothing much is happening, we may experience upside move overall.
T1 At 1.2300 And TP2 At 1.23235.
USDCAD
No fundamentals driving the price of both Yen and Cad hence, based on the structure is going to move to the downside.
TP1 At 88.422 And TP2 At 88.296
CADJPY
