reubenroyal

reubenroyal

EUR/USD could possibly present both a long and short scenario. We have a monthly descending trendline which was broken below (purple), and now on more recent price action we have a weekly descending trendline which could push price down to the support zone, or the ascending purple weekly trendline below. In the near-term we could see a short opportunity on the...

reubenroyal Updated 

Litecoin will be dominant this year.

reubenroyal

Stop loss was moved to profit on this one a while ago and it is still running. I believe 70 is possible very soon and we are getting closer and closer each day. Litecoin to follow.

reubenroyal

No doubt that Ethereum has been bullish the last couple years. Looking at the daily chart, we can expect more upside. I anticipate a small pullback and for it to form a new higher high after reaching the counter trendline. These are the zones I'm watching.

reubenroyal Updated 

Litecoin touched the $250.00 mark and now we are seeing a pullback. It may come back down to the .5 fibonacci zone before a further run up.

reubenroyal Updated 

Crypto pullbacks happening and very nice entry positions for long holds are presenting themselves.

reubenroyal

GBP/USD on the weekly from my point of view has broken through a resistance zone, and now looks like it is ready to re-test that zone as an area of possible support. We could ride this down using intra-day trades to this zone, or wait for a bullish entry to the upside when we see it hit this zone. I would look for candlestick patterns such as a double bottom...

reubenroyal Updated 

A possible short setup has presented itself on GBP/USD. We have a strong bearish engulfing candle just as DXY begins to pick up some temporary momentum. On the weekly chart, we see a cup and handle pattern forming, which this could indicate the beginning of the "handle" which would show some downward movement.

reubenroyal

EUR/USD surged down through the channel bottom, but now it appears this could have been a fake breakout. We are currently going back into the channel, and this could also prove to be a fake bull move. It is time to wait for a successful break and re-test, or wait for rejection at this zone, then check for possible entires on our smaller timeframes.

reubenroyal

Bitcoin has managed to stay above the key support zone and we could see continuation to the all time high zone and may see it break this zone as well.

reubenroyal Updated 

DXY broke down out of this bear flag / channel and now seems to want to re-test. It is possible we will see the dollar further break down as to be expected with US printing trillions, interest rates still bottomed out.

reubenroyal Updated 

On EUR/USD I see 2 head and shoulders patterns. One on a higher timeframe (8 hour or daily) the other on the 4H. I see DXY going down and EUR/USD going up.

reubenroyal Updated 

AUD/USD is gaining strength and I believe that GOLD will also launch, which I'm using to back my claim that AUD/USD will reach new highs over the coming weeks / days. We have a strong uptrend and I am targeting a previous high on the weekly chart, which is the next target in my opinion for long positions.

reubenroyal

On the monthly and weekly charts we can see significant push to the upside. We now have bearish price action at this key zone and price has turned down. We may see it return to retest this zone and 2 scenarios could play out: 1) We could see price break and with a proper re-test, resume it's uptrend to extend further. 2) We could watch for another strong...

reubenroyal

Bitcoin pullback was well overdue. We have an opportunity to buy.

reubenroyal

All crypto pulling back to key levels for great buy opportunities.

reubenroyal

Crypto pullbacks happening across the board. Time to buy.

reubenroyal

Bitcoin has made an almost nonstop push to nearly 60K with back to back pushes. It is possible we will see a pullback to the .5 fibonacci zone before another run up to 70K.