EURCHF is back down to all time lows. I'm not just waiting for a bullish breakout to the upside to go long with this pair.
There is not much of a pattern here we are basically trading at all time lows but we are at a point where it can only literally lose all of it's value if it goes lower and a stop loss while fairly wide can be easily applied and justified when thinking of the potential reward. I believe that if it holds these lows that it will retrace back up to the 88.6% retrace...
I consider myself more like a long term investor but here I see a clear short-term trade that can be made. You can buy now or wait for the confirmation above $23. SL is at $20.6. Sell as much you wish in the clear resistance areas. I personally plan to sell most of it at $70.
Will the SEC's decision on a Bitcoin ETF put the breaks on the bear market? If we see an ETF, will this kick start the next bull run??? Will DGB be classed as a security?? This will be one to remember which ever way this goes. Bullish on DGB...
FX:GBPNZD This one is has been in a free fall ever since the Brexit vote. It has broken every possible support and is trading at all time lows. For the next year I really don’t see anything good for pound so I am only looking for a downside continuation, the only question is where to sell... One possibility is the former channel support as the new...