pound yen long okay so what I see at the moment is
- tested the blue outside lines of the pitchfork and skyrocketed off
- higher high and if the market was going south to me we should have seen it by now the mark down
- correlation with eur pound trade: pound is going up euro is down therefore an assumption would be the pound would be in strength and going up to tp2 is my happy spot for this market
any questions let me know or comments I'm all ears
Kris
www.mymentortv.com
Anaylsis
Maidsafe/BTC LongCurrently Maidsafe is in consolidation phase, it could within some time reach a low of 17k before starting its natural and steady growth to at least 23600 again
EURUSD - Trade PlanningHey!
As you can see it on the chart we have a strong support 'area' where the 200ema and my dark red horizontal line cross.
If price can break above the orange-ish line, then, a good long position can be placed - although the red downwards trendline can stop it.
Let's see how it goes - today is a very calm day, I do not expect any major movement.