are TVS horses ready to run! #IchimokuNSE:TVSMOTOR
RSI Divergence!
this is for educational purpose only
Ichicmoku
CAD JPY - Fantastic Long OpportunityA lot of confluence on the charts on this one. As usual do your own research but from my analysis:
1. PA is correcting itself and is moving up.
2. Above the cloud with a prediction of resumption
3. Sitting nicely on a bunched moving average pattern.
4. This is the second CAD buy trade I've identified showing some strength in the Loonie
I shall be taking this trade all being well on Monday.
BITCOIN (#BTC): Daily UpdateToday, We saw huge dropdown occured by bearish Rising Wedge pattern. BTC dropped down, below EMA21 and EMA50 again. It can be seen that these two trend lines are a strong opponents for BTC. We saw some false attempts to break EMAs trend lines, but the true breakthrough still did not happen.
Today's goal is to close above $7550, above EMA trend lines. Then targets at $8K and $9K are still reachable. If BTC fails again, we will have new opportunity to buy some BTC at price around $7150.
I hope you enjoy my charts, please writte your comments, hit that like button or follow me. Thank you!
Bitcoin drop to 7k before bounce up into 10K+After the rejection at 10k I believe we could be heading back to the 7k range and finish filling out the triangle. Price is holding above the 12 hour cloud so there's also the possibility price consolidates over the cloud and then breaks downward through the kumo twist and down to 7k. Depending on if we enter the 12 hour cloud I might take a short position. If price holds I will short after a move towards the kumo twist. If this happens and price bounces at 7k, I am very optimistic about price as it should break the triangle upwards. Something is definitely in progress with bitcoin but it is hard to say exactly what and this was my thought after looking for a while but feel free to leave other ideas or different scenarios.
