reubenroyal

reubenroyal

EUR/USD has been uptrending on the weekly sharply over the last several months. The trend has been a bit sharper than normal on the weekly. If it does not respect this weekly trendline, then I anticipate that it will break down onto a more sustainable 45 degree trend unless the DXY continues to go down.

reubenroyal

Crypto is pulling back this day and yesterday and I believe it will find a bottom soon.

reubenroyal

Pure speculation. I anticipate some strength with Tesla in the coming days.

reubenroyal

Bitcoin is pulling back and could present another great buy opportunity. I believe that we could see price stop at this point at which point we can go long with price action confirmation. Otherwise, price could move down beyond into the next zone of support at the 27,000 level where we might see an even better opportunity to buy.

reubenroyal Updated 

Ethereum is moving in an ascending channel. We may have a potential buy opportunity at this channel bottom as I see a double bottom pattern, as marked on the chart.

reubenroyal

Ethereum hit it's all time high and passed it. I believe we may see it push far beyond as DXY continues to lose strength for many reasons, I think the FED printing so much is a major one. We may see a pullback near-term to form structure before a further push upwards.

reubenroyal

I believe LTC/USD / Litecoin will move upward as DXY continues to weaken and the crypto markets gain considerable strength. It has broken above the daily zone, found support there, and we could see it move past it's recent high and on to another previous high from 2 years ago (Feb 2018). Of course, I think by the end of the year, it will move much higher as I...

reubenroyal Updated 

Ethereum has seen some bullish pressure the last several days. Overall I think we are bullish, but I am keeping myself open to 2 scenarios. On the first, I think if we see some bullish candle patterns form at this zone, we can go long. On the other handle, if price breaks, re-tests the zone and I see wick rejections, then I will go short. Overall, my bias is...

reubenroyal

NZD/USD Looks like it broke down out of an ascending channel, and seems to be forming another channel underneath it. If price descends below this zone of sensitivity and re-tests, we could see a short to the zone below, which is a weekly zone of support. Waiting for price action confirmation of course.

reubenroyal

There is a great potential short here if your plan allows you to trade ranges. We can see that price has been respecting the lows and highs of this rectangle for a while now. It is possible that since we are at the top now, that it could reverse for a good short opportunity. For entry, pay attention to price action confirmation on lower timeframes.

reubenroyal

EUR/CAD is now at the bottom of this channel and we can expect a long opportunity to the top of the channel.

reubenroyal Updated 

Stellar has reached a significant zone and we are beginning to see bullish price action at this zone for a potential long position.

reubenroyal

I am anticipating price to form a double bottom. If this happens and price action confirms this, I will go long and attempt to hold to previous all time high levels.

reubenroyal

EUR/USD has broken an ascending trendline, re-tested and is now heading down. I expect some further downside, as I also anticipate DXY / USD strength.

reubenroyal

Silver broke the ascending trendline, pulled back to 0.382 fibonacci level, and now we see sell pressure due to wick rejections.

reubenroyal

GBP/JPY is moving in a bullish weekly channel. A long entry could work here as we now have a strong bullish engulfing candle at this resistance-turned-support zone.

reubenroyal

As with many cryptos, DNT has come down to a potential zone where we can anticipate a long opportunity.

reubenroyal

I believe at market open we could see a decent drop in price. I am basing this off of Twitter's recent move to heavy censorship which could lead to some negative attention.