Seeing if I can pick where BTC goes next. My thoughts are 65500. Lets see.
BTC looks bullish in the short term but has hit a line of resistance, break above and we could see 65500 ish. Break down and 52500 is likely. Fingers crossed for that push up
Bearish outlook technically for ETHBTC, with a possible correction to 0.025BTC if the support of 0.03 is broken, hoping it finds support because I'm a long term HODLer of ETH
I'm long ETHUSD for the shorter term and bullish if the channel is broken to the upside
Bullish inside and above channel - bearish outside, I'm long to ATH's once again
Bullish till 58500 again - believe that this neat channel ive drawn it could follow, before a correction at its all time high. Could go either way but my bias is bullish
With bond yields curving up unless curve control or more QE are put into place by the fed then we could see a big drop in gold, bullish above the trendline of 1700 bearish below with targets of 1400~ USD. Look at gold long term! With increase in cash we will see inflation, but this could be the new baseline for gold before we see a leg up. Choose positions...
Nice reversal on ETH here, lots of fundamentals in the market pointing to cold storage of ETH increasing plus supply shortage looking interesting for a long, has broke megaphone pattern so looking for TP1 and 2
I'm long on the AUDUSD for the foreseeable future, here is a low risk to high reward setup that I am doing following a mid term trend that's been established since early June 20'. DYOR - not financial advice. Almost a 7:1 reward vs risk ratio on this. Time frame would be the next week or 2 for this to play out for myself
Inverse head and shoulders possibility on NZDUSD. Im selling into the new year with take profits set at 0.65 and stop losses set at 0.6850 will continue to short as it moves closer to resistance
Inverted hammer candle forming on the weekly's could be a great BUY from very long down trend where the AUD/USD was at 1.06 -divergent RSI -hit oblique support -looks like a fake break of 0.6720 strong level of support I have bought from 0.6750 with my stops set at 0.6650 and TP1 at 0.70 -3.5:1 reward to risk
Sell on the AUDUSD confirmed bounce of long term negative trend line down to take profit target of 0.6920, 110 pip reward vs SL of 0.7070 40 pips risk. Nearly 3:1 reward to risk ratio.
AUDUSD hit top of trendline and has bounced down, trading within a pitchfork at the moment down to the take profit of 0.6820 and 0.6750. Stops set at 0.7115
GBPJPY short term buy stops set 137.48. Take profit 138.25. 20 pips risk 60 pips reward. Following short term ascending trend line
USDCAD forming a ascending triangle, price action entered on a negative trend suggesting a bearish exit, breakout looks imminent if correct, my stops are set just above 1.38 with a long term take profit traget at 1.25. Entry suggested closest to strong weekly resistance line
Hit lower level of trendline, could bounce for the upside if trend line isnt broken. Strong support at 97.00
SELL down to take profit 1 and 2
sell to 1276, head and shoulders formation on the daily short term movement <1 week. Stops set 1292