BTC may be looking to break upwards into the $24,000 zone. A flag pattern formation suggests that the pair could not go any lower. On the higher time frames, I do believe BTC will test a certain resistance level, per my MA's. Will the bulls charge this pair upward? Let me know your thoughts in the comments below.
ETH has been retracing for a minute. The MA's look to be crossing on the upward momentum, giving way to some breathing room for bulls to come in and lead the pair up again. If you see something different for ETHUSD, let me know in the comments below.
Ahead of the FOMC meeting, I'm eyeing a potential downswing for USDJPY. With so many rumors and (potential) market sentiment pointing towards a recession, the USD may very well show some signs of weakness against JPY (with the stochastic signals on the daily time frame showing an "overbought" region). I'm taking a very short term approach to this trade, as this is...
With ETH leading the way - and rumors of a huge transition for Ethereum coming up in a few weeks - I am looking at an ETHUSD Buy opportunity. Let me know what your thoughts are about this setup.
Here is a look at WTI Crude oil's potential sell idea trade. With the price of oil going up in the past, there have been reports of oil prices slowly going down. What are your thoughts?
Since ETH and other coins have gone up, so has BTC. This long position is for a potential long-term upswing, should the Crypto markets continue to show some possibility of a trend change. Let me know what you think in the comments below.
So far, along with BTC and other crypto coins, ETH has been bullish over the past 24 hours. On the 1hr timeframe, both the 50 and 200 SMMA's look to cross on the upswing.
UJ has been hanging around the most recent resistance levels for a while, now. On the 4hr chart, it shows some instability on the bullish side. Perhaps a swing down is in order. Not much is clear until we get the latest NFP release, which is set during the latter half of Market close. Let me know what you all think of this pair.
Currently taking a buy opportunity with ETHUSD. ETH has shown potential for a break out to an uptrend. What are your thoughts, as the majority of cryptos look to rebound soon? Let me know in the comments below.
Here is an idea on AUDJPY's seller market trade. Let me know what you all think about this trade, either on the long term or short term spectrum, in the comments below.
NJ looks like a promising breakout-sell trade, showing signs of momentum on the lower time frames. Do you think it will break lower and completely out of its sideways trend? Let me know in the comments below.
Things are looking bearish for UCAD. Depending on the CPI reports and upcoming inflation data, we may see it continue lower. The double top looks like a promising sign that UCAD will go lower. What are your thoughts on this trade setup?
Here is a long/short term sell idea. What are your thoughts on this?
GBPNZD, according to Marketmilk on Babypips, indicated an uptrend. The bull market, based on the Chain pattern of HL and HH, can be expected to hit two take profit peaks. This is a good swing trade idea, if GN continues sustaining the bull run. If you would like to enter this trade, please use proper risk management.
NJ has been showing bearish signs, especially testing the previous 78.6 level. Use proper risk management on this potential bearish swing trade.
EJ, according to the 50 and 200 MA crossover, is showing signs of a potentially confirmed bear market. This is between a swing and position trade. Use proper risk management.
AJ on MarketMilk shows a strong bear market on the highest timeframe. Since this is a position trade, please use proper risk management.
NJ is making a bull run this month. According to Marketmilk on the monthly timeframe, JPY is on the lower end of the spectrum. There are two buy setups.