Broadening top formation, easy money on shorts, no real value behind this worthless coin....
Every summer btc makes the same move, see you in the following months
No value just hype and manipulation, you are funding for free binance operations...nice!
Looking for leading indicators, AUDUSd might be the canary in the mine for SPX, has give great signals lately...keep an eye on that!
Even if you dont care about the news, you should probably care about this...the trigger would be the break below 1.11, this is the level to watch, take care! #fxtrading
$GBPUSD There is a massive window that I dont find a reason why shouldnt be filled, 1. Brexit uncertainties still hanging and will be for a long time 2. Coronavirus still has no major impact in the UK 3. really no other reason for BOE to hike for a long period of time, on the contrary there is scope and extra pressure to cut rates soon so with all that in...
A think its time to take profits here, we are going to correct a bit here...lets see
We see reversal coming to test the recent highs above 1.1170 if euro can reclaim first the 1.1040 level. lets see!
Being rejected by the 200ma we see this scenario now in play, a bit consolidation inside this rising wedge and ten breakdown to retest 105/106 levels in the next weeks
Start building shorts from current levels and up to 109...
$EURUSD If you thought that it was gonna break down massively without news, you are very very wrong...Historically all big BO have happened after ECB meetings, so bears wait until next week but after today's PMI I am afraid the tide has turned.... #eurusd #fxtrading
too much down pressure for the pair, depite the hawkish ecb comments yesterday, CPI data today, lets see, you see te levels u need to beware in case of short/long 1.1050, 1.1065 and 1.1080 is the ultimate that u should close shorts if still by then
This target is very low, noone believes now that btc can go to those levels anymore, but after all it was there just before 6m, nothing has changed if you think it, and back then noone believed that it can go to 14k...so place your bets pls!
For how long you think mkt is gonna ignore this gem, 4m supply, most of it locked in the WORKING platform, real product real use case
We are near a mid term top at least, be ready hedge your portfolio or take profits
If neckline gets triggered then expect correction 15-20%...
Buy this correction, a bounce is coming...stay tuned!