mouton464

mouton464

If it busts through the support it's on, it'll likely continue heading back down. The purple stop-loss zone is a solid confluence area, so if it's selling season, I expect to see signs of the bears hanging around. If it has a hard time breaking the 50 period ema to go back up for the retest, I would like to see it start the retest from the next purple zone down....

mouton464

It's looking like it's time for GBPUSD to follow suit and drop. Nice sell setup otw. After the retest, following the break on the one hour, it dropped heavy. I'm looking for that to continue. There may be a potential buy-up from here, for now, so long as the support holds. Let's see! I like the idea.

mouton464

XRP is currently in a downward channel. After it completes it's move back up, I see it resetting for either a continuation of the downtrend down to the .18 area, or a complete breakout. If it breaks, I would like to see it hit the .2935 area before anything else. Let me know what you think, I'd appreciate the feedback.

mouton464

SPX has been looking solid for a short off the 1 hr/4 hr. The trend began within a channel, but there has officially been a breakthrough. It experienced some resistance around the 3380 price reversal zone. Should it break through and reach all the way to the 3438 area, there may be a complete reversal or a strong resistance @least. I've been trading for almost 3...