GBPUSD broke out of the wedge and we are heading to the 127% extension price of 1.4585 Not to rule out an even further extension to the 150% extension sitting at 1.4790 I have already started buying cable and will look to add to my trades when it retraces on intraday charts. I wish you all prosperous trading.
EURUSD has wide range play area For now I am expecting price to drop to the bottom of the wedge .... but will it stop at the 4hr support line or go on to test the daily ?
Targets are shown on the chart Once target 1 is met, stop on remaining position should be brought to entry.
..... but the moon is under water !!!! Price should drop to the support level in green where we should expect a significant bounce.
Should ripple pop through the $1 before it goes lower than 0.85, then $1.40 is potentially achievable.
Bitcoin 2.56% has dropped to the 38% fib after rallying from $6000. With signs of some strength showing the risk reward on this trade is great
The risk reward on this trade is a no brainer.
A break of 165 will take us to 140
Price moving into a tight range and getting ready to explode. It knocked on the door of resistance 3 times and failed so needs more strength to go through. For now it is still looking good for a bull run.
Pretty much like BTCUSD, XRPUSD is sitting between support and resistance. Expecting it to make its way to 1.50
Bitcoin broke through the 11000 mark all the way to 11500 before falling back to 11000. The question is will it carry on going down or is this a pullback before rallying to the resistance sitting at 12000. Do the bulls have enough to take it to 12000 ... we wait & see.
Failing to break below the 150 recently means a try to the upside is in order. There are hurdles before price can reach the next target: Price is trying Resistance 1 at the moment with R2 at 200 and R3 at 215, target is 230
Price seems to be moving in a range and a bull pattern showing. Long with a great risk reward