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Longerterm

EURCHF Longer Term Shorts - Massive Consecutive Candle count Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Short
by CromerKing
2
CADCHF Exhaustion Longer Term LongI've been tracking the selling of this pair for some time and I think it's time for a correction. Yesterday we saw a big sell off presumably to clear out some stops which lead to buyers coming in and an interesting daily candle close. That's just the story but if you're looking for technical evidence it's lining up nicely with the parallel dynamic support/resistance trendlines as a great place for long entries giving good risk reward for those willing to wait it out.
Long
by CromerKing
2
Bitcoin is not ready jet?I think bitcoin has a good uptrend but there is to much of emotion in the market because everybody wants to get millionare. The Price does jot even break out over the Middle support and than it has to turn from resistance into Support and than you coouuuld say it is a bulltrend to the upside and reach the higher price level. Not i think the price has in longer timeframe to correct untill the 20k. Maximum 14-16k. Beacause 14-16K is a price which trust me everyone could handel with and more people had the opurtunuty to buy one bitcoin. Whem this happens than there is a possibility to reache the 100.000 or 200.000 price level.
BITSTAMP:BTCUSDShort
by Giorgiopagidi
1
NZDUSD Longer Term ShortWe've seen some rapid bullish movement on this pair over the past few weeks, almost 10 weeks straight up. This pair is well overdue a major correction and I really like this area to take a short. We're just about on the 886 reversal on what is a HTF bearish chart. Until price action breaks those previous highs this is still bearish in my eyes and this area gives us a great RR nearly 6 to 1 to short to the 38.2 retracement, that is a modest target I feel as well because if this decides to make another leg down there's a huge trade to be had but let's not get greedy!
Short
by CromerKing
2