CADJPY Long.... numerous Price Action signs for a long
BTC in a clear channel up, I believe a break up and out of this channel is a very bullish move, if this happens a respect of 13850 is what i'll be waiting for. A bearish move down and I'll be waiting for Price Action on the 4 hr to give some sign of a bearish move. Hammer, Engulf, Tweezer top, Double top. Divergence is there.... now we need consolidation...
Silver has hit support and wicked off twice. This is a key level that has been respected as support and resistance multiple times. Fibs from previous market structure lands the current 4 hr candle on the 61. I am waiting for confirmation of a bull hammer off this support on the 1 hr. Price action is a must. No trades until all criteria is met.
Hi all, I have xbt retesting the trend or support and bouncing. Keeping it brief as the chart is what the chart is. break or bounce... I'm feeling bullish. cheers all.
Hi Guys, Really brief..... Looking at a retest of the trend line down and a possible rejection. Back down to meet the bottom of the channel.
Hi guys, My thoughts on Bitcoin or a possible scenario that could play out. I think she's in the middle of a somewhat symmetrical triangle. I think short term a retrace between the 38 and 61 before heading down is my strongest play. the 61 has strong resistance and it doesn't look ready for a break out.
The 61.8 Fibs has played out numerous times historically. I've simply put a chart together showing only reversal points... In my mind this is just one more small indication DXY is going down. The last weekly candle is a big one and I'm guessing has a lot of momentum behind it.