Decoupling in Stellar?Stellar appears to be decoupling. In Stellar's history these trends do not last long. They often predate a big move for either BTC, or STR/XLM. My assumption is we will see some added volume in Stellar, and see the price raise slightly higher before either a BTC rally, or a Stellar fall will recouple the two. But there can be no better opportunity to make free coins than to take advantage of these types of conditions.
Keep a sharp eye traders!
Break
EURUSD 60Price forming a nice triangle pattern, I am leaning towards a break down to make a higher low on the 4 hour time frame. But price action will be the factor if we break higher or come down for a retracement..
XAUUSD 4HUptrend line broken, now watch for a flag pattern & break of 1325 support for a correction down to 1310 & potentially 1300 monthly support. This will be on the watchlist but only executed after further confirmation
AUDNZD 4H3rd touch to the descending daily trendline, now the counter trendline is broken price is headed down to daily support
GBPCHF 4HPrice now back above previous strong daily resistance 1.33 that has held for a long period of time. Now turned support, price could pullback to this level again before continuing higher or a break or resistance price is at now & a retest will be good for buy opportunities
CADJPY Weekly Price formed a double top to strong resistance at the 91 area, now sitting on its weekly uptrend line. Will be watching for a break or bounce on the smaller time frames
USDCHF 4HThere is now a possibility that price could now see some further retracing to the upside, as price has been in a strong downtrend now looking for some breathing room ..
GBPAUD DAILYPrice is showing a lot of pressure in its 140 pip consolidation range, after its previous strong bullish engulfing candle bouncing off weekly support, showing that price may be ready to reverse its trend. Watch for a clean break of daily resistance ..
GBPCAD 60Potential double top to daily resistance, now watching for a break of price's uptrend line for shorts down to daily support. Retail sales were weak as well so it could mean a pullback for the pound now
CADJPY 60Price broke out of its consolidation box, now moving sideways above. Now forming a bull flag we could see a move up to daily resistance from here watching for a break of the flag
EURNZD 4HPrice broke its CTL, now watching for a potential retest for a continuation down to make a new low
EURUSD 4HAfter price failing to break above 1.23000, it looks like price may be looking to enter some exhaustion. Price action is getting weary, showing a bearish engulfing candle break below support, now acting as resistance. After all the bullish momentum taking place in a short amount of time, we may see a pullback back down to daily support 1.20800
NEW CLAW PATTERN STRATEGY INDICATOR FOR FOREXThis indicator was designed for the Bitcoin market but you can see it works just as well in the FOREX market.
For more info. on this indicator leave a comment below
NZDJPY 4HBreak & retest of uptrend line, rejecting off daily resistance as well. Price could now make a correction
NZDCAD 4HAt a very important decision making zone right now sitting on previous resistance now strong daily support.. Price is in a uptrend making higher highs & lows, I will keep my eye closely on this for CAD news in the morning!
EURUSD 60Double bottom to daily support, now price broke its CTL now moving up to create new potential highs!
GBPCAD 4HPrice is in a tight range currently, we could see a potential breakout to the downside to retest its broken trendline, before continuing its uptrend.. Watch price once at the green zone
Lisk View After The RallyFollowing the previous idea on Lisk , it has reached the final upside target near $40 and rejected it. Now the picture of the further development of Lisk against USD is not that clear. After rejecting $40 resistance price went back and currently testing the support at 527.2% Fibonacci, that is $28.
It remains to be seen if this support level will hold or not. Break and close below the $28 should push Lisk further down, perhaps to the next support level at $20 area. While if the $28 support will be respected, there are all chances that Lisk will continue the uptrend and could go up to $56, that is another 100% growth potential.
All-in-all, currently Lisk is not the most attractive coin as the downside pressure remains. Only a break above the $38 could confirm the continuation of the uptrend.
GBPAUD 4HNice potential short this week, double top at strong resistance. Now will be looking for a break of that trendline for potential shorts down to recent lows or a new lower low..
EURNZD 4HPotential break of the downtrend channel & resistance broken. Now coming for a retest before making a strong move to the upside!
