From a daily chart perspective this is how I see how price may move in the near future. Price is at or near a potential resistance area on monthly and daily. <><
Be aware of the current price area that this pair has risen to. It is a potential resistance area on the monthly. <><
AMD is at a level of potential support on the monthly and daily charts giving us a reason to look for a long opportunity on the 4hr chart. Wait for price to close above the trend line before deciding to enter a trade. Even then you may still get a pull back to support, so be careful where you place your stop or you may get knocked out early. <><
Bitcoin has returned all the way back to a more normal range area. Will it enter the channel and begin a more slow and less volatile uptrend or will we now see a quick rocket up? Definitely an area to watch.
Maybe a short opportunity here with a decent risk reward ratio of 1:2. <><
Maybe we have a fractal forming here with an opportunity to go long. This is a 1.5 risk to reward ratio. So, not too bad of a trade opportunity. <><
EU bears taken over. Look to short at retrace.
This price area was support many times in the past but will it now become a spot for resistance? Certainly a place to watch. <><
Looking for a possible retrace up then bears coming back in and an eventual new low. May have some chop before getting the new low. Just when it looks like the bulls are back, look for a fall.
Could buy on a pull back if target area is not hit before the pullback. Target is already close.
This analysis is based off of a prior smaller fractal up wave. Price has now shown the bulls have begun to step back in. Look for an entry on a pull back.
Looking for a move up here repeating similar wave. Target blue line.
potential move back here, see chart.
We have a potential buy here on UJ. Also, price curve trending up. Fractals formed for longs at this area 3 times prior on way down.
Bulls are in charge. Bears will be trapped. Overbought? Nope.