ETHUSD Short Opportunity June 3 2018Ethereum Bearish Scenario
Supply and Demand imbalance caused by a NEW Monthly Candlestick, upcoming G7 Summit on June 8 where Cryptocurrency will be on the Agenda prior to the G20 gathering later this month...
Regulators plan to implement RULES in July and many investors are likely hesitant to open positions in Crypto until further guidance
Those still holding onto ETH/BTC could swing price and create a new low prior to the New Moon Wednesday June 13 and by the end of this hour I'd expect Momentum to bring price closer to 615
Mindfulnesstrading
NZUUSD - Double Possibility I think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening.
The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility :
1. The Neckline breakout ;
2. A rebound on the Neckline .
If number 1 occurs, I will wait a rebound on it , where I should insert a limit sell order, to enter the market.
If number 2 occurs, I will wait a rebound on the resistance above us , and there, I will insert a limit sell order, to enter the market, with a target first of all on the neckline, and if this level will be broken, I can think about going on, up to the next support level.
Trick
It's very interesting the fact that the Neckline is exactly where two Senkou Span B extensions are. Ichimoku + Price Action is a bomb.
Let me know in the comment below what you think about this pair :-)