BITCOIN falls below 9500 and we could see another 1500-3000 point drop. Over all I think this market will find buyers if not here around the 5500-7500 levels. If buyers dont enter now i expect them to come in between 5500 -7500 Like share your thoughts!
Breakout, now a retest to the 61.8 is a good entry to ride the deeper pullback that oil is looking to make
Triangle pattern, will be watching for a break to the upside or of the bottom to daily support.
Great big candle might signal buyers in this area. Looking to create a higher high Dollar still looks bearish so this trade makes sense Like Share your thoughts!!
At 200 Ema support 88.60. In 2014 price broke out of this zone with a strong move, but never came back for a retest to validate this zone as support. Now we may have a potential retest to this level & price could potentially be making its way up from here.. Previous resistance now support. Lets see how next months candle opens up!
Price is in a channel, ill be watching price at resistance for a reversal pattern of breakout
Price rejecting an area of resistance & strong monthly downtrend line. Price now at a reversal area will be watching price action for clues this upcoming week
Bearish engulfing rejection to weekly resistance.. Awaiting breakout of channel & support for shorts down to potentially monthly key level 1300
After about 6 weeks of bullish price action, price is now at weekly resistance. Watching for a break of support & channel for shorts potential swing trade..
Price back at strong support, & its weekly uptrend line that has been respected though-out time & I believe will be extremely hard to break though. So from here the bulls may return..
Traders. Take a look at this Monthly chart on the left and Daily chart on the right. The purple Fibonacci levels are substantial and represent psychological pullback levels that will act as support if EURUSD decides to test the quality of the trend. This Fibonacci sequence is ran from the high in 2014 to the low found at the beginning of 2015. EURUSD is in the...
As I posted in November 7 the US Dollar was trying to go higher first to get a big drop, and well it didn't for long, so now is going straight to a bad level for US Dollar and we can see the index maybe smashing that 85.10 target. See the chart since November 7.
Lets take a look into the fundamentals behind the dollar index with the RS Stage 5. I will continue to monitor the DXY as we continue to make progress into Trumps presidency.
Silver formed a cup and handle. So what is next? RSI @ 75.3, signaling it to be overbought. MACD narrowing, looking to cross over. Bollinger Bands widening as breakout continues.
Hello Traders. With EURUSD getting way up there I'm at a place of caution. My expectations of EURUSD most recent bull run have been met after a beautiful 5 wave impulse pattern. How much farther will it climb? I have no idea short term. Long term I believe DXY is due for high 80's, but presently I feel our fuel has been used up getting this far. We will need to...
Price at trendline support. Will we see a break or bounce is the question ..
Looks ready to push higher, & price broke its counter trend bouncing off support
Price stuck in a range between weekly resistance 1.25000 & daily support 1.24100. Price failing to break above resistance, price now could be done with its manipulation after making its 3rd touch to its 4 hour descending trendline ready to head down now & create a potentially new lower low. Will be keeping a close eye on this pair for a reversal candle back to the...