Fall
DXY: Dollar Index: testing critical support at 97.43DXY: Dollar Index has come back down to retest the recent lows at 97.43 - support extends down to 97.33 - so some kind of a fight should be expected in this range. The pattern is bearish, still (so only a speccy buy for contrarians with a stop just below 97.30) but be aware that a fall below 97.30 will tip DXY into full-on bearish territory again, signalling the next phase of dollar weakness back to 95.93, then, once this fails, to 95.02 (about another 2.5% - same as the last decline). Minor support at 96.90 could trigger a weak rally attempt back up to 97.3 during the early stages of this decline. London's waiting to see if NY steps in here to defend $...if it doesn't ride to the rescue around the open it will show that right now the Dollar hasn't got a friend left in the world...it should start to fall away as quickly as it did on the last decline at that point (barring possibility of a minor bounce at 96.90, as above). Go long Euro on the other side if/when this trade gets triggered (see Euro comment)
CRME recently broke its highrecently broke its high, if it struggles to break the Resistance it will fall back to around the low 3's (make sure to wait for indicators to show signals for reversal)
Short on EURGBPMultiple confluences as to why I'm going short on this pair.
Long term Ascending trend line aligns with the retracement projection as to where price can go.
Prices have also been rejected around supply level of .87500.
I do believe we can break the ascending trend line in the near future to go even lower. Will definitely be watching this pair for further price action.
Risk/Reward: 1:1.30
Squeezed OUT - XRP FLIP iminnent!XMR has enjoyed a nice ascent to glory the last couple days, and the time of reckoning is here. The downward wedge is pretty much always indicative of a price decline. I am going SHORT on XMR here.
Entered position at 1420.
Target: 1180 - 1230
Stop: 1480
Comment and let me know whether you agree or think I am going to lose all of my money.
Dis gun b gud.
EUR/USD BEARISH DIVERGENCEPrice rallied up to 1.1180 making new HH, but Stoch failed to make a new high.
BB moving horizontal and narrowing. Middle line is no longer supporting the instrument. Upper band is expected to be the closest resistance and lower at 1.1148 is the support.
#Price broken down the lower border of the sideways channel and support line at 1.1185, which now has become new Resistance. Expect price to retest this level and watch if its gonna hold or rejected. If pullback, likely this level is a good entry for short.
Pls comment below if you have any suggestions.
BREXIT WILL COME...very high numerological potential for a BREXIT! To destroy the EU with the EURO is part of the plan to the NWO.
The date today (23rd of June 2016) and the time 23:00 for BREXIT or BREMAIN is important. The number 23 is a occult number for the elite and has a numeroligic background. So the possibility for a BREXIT is higher than the official Poll numbers for BREXIT or BREMAIN show right now. BREMAIN is stronger at the moment, to let the EUR and GBP rise, so the BREXIT this night can be a lot bigger – that's at least what I think.
NEXT TARGET @1.1100 until @1.0900
NZD/USD big fall is about to come. Shorts highly recommendedA quick look at the weekly chart :
NZD/USD looks ready for a big downward impulse after a few weeks of correction. Prices have started downward impulses at the top of the trend line.
Downward trend remains strong on this pair. Shorts are recommended as long as trendline holds.
READY FOR THE BIG FALL!
Goodluck and all the best to everyone (:
USD/JPY SELL SELL SELL !!!Also another sell setup
1. price has come to previous structure and shown a huge bearish candle
2. price put in a bearish engulfing candle
3 price is downtrending
4.previous candle was a doji
on the daily previous candle was a bearish hammer sign of more sellers in the market :)
Reaffirming short from Dec 20, more trouble ahead for BTCAs I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway following this slight recovery. The one and two day MACDs have still not bottomed out; and worst of all, the 1week and 2week MACDs are looking like they've peaked. This would be their first downward movements since Aug/Sept when we were at 1500CNY/235USD. The StochRSI at 1week is showing its first downward cross since the early Nov. drop as well I would NOT take this lightly.
I'm still optimistic in the medium-term and I'd be very surprised if prices got anywhere near that low, but January could get really cold, really fast. If you are still in BTC I would have your alarms set and be ready to trade or at least hedge with a put option or two. If you are out, just don't get back in too quickly, it can be tempting to see the 2-hour MACD/RSI going positive and panic-buy, but I'd advise against it. 1 day indicators should be able to show us the way when it is time to return.