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Rangingmarket

BTC in Ranging Market 8400-10150Action : Sideway Trade (Bias Long) Prediction for coming few days BTC will move side way in range 8400-10150. For today movement something like stay at middle of the range. For whole morning, it is bull day. Until now there is no sign of bull get weaken yet.To prove it is bull weaken , at least something like lower high in lower time frame like M5 . Direction : Ranging bias Bull until it form a lower high in lower time frame and turn bear. Resistance level might be 9700 / 10000. Wait for signal long until that resistance level or Wait to short when bull is weaken.
BITMEX:BTCUSD.P
by jeanne_k
USD RALLY...STILL NOT ON, BUT. As I mentioned here , the USD is looking to rally after a long downtrend. Currently she is sitting in a range, but has put in a few signs of possible upcoming strength. MACD recently printed divergence and the RSI is sitting right above 50 as of this post. Last three days have culminated in a Bullish Morning Star pattern and price has bounced off of area of demand support and is currently nibbling at recent supply resistance. On the technical side, analytics showing a strong trend weakening and though today's NFP wasn't convincingly strong, but it wasn't negative. This could provide even more impetus for a strong dollar in the weeks to come. Outlook: Trend is still down though strength of trend is weakening. Price must push up through and close above recent supply resistance zone, my preference is above 91.00. Expect the range to continue indefinitely.
D
by jrashaadtrades
Taking Some Profits on EURSUD SHORT.As per my discussion here and here the EURUSD is still ranging with price oscillating around the 1.245-1.235 mark. Although I'm not a huge fan of candlestick patterns, previous three days put in a Bearish Evening Star after hitting up against trendline resistance, area of supply, and the 61.8% retracement level. I've been short since 02.16.18 with several lots and decided to take +150 pip profit on one of them at the end of the New York session yesterday. Currently sitting on +130 pips between 3 lots. As I'm typing this the EUR is rallying intraday as the USD declines after a muted NFP announcement. As I wrote here , the USD rally can't be considered on and the prevailing trend is still down. As I see it, only a decisive break and close above 91.00 signals a Bullish dollar. Trade accordingly.
Short
by jrashaadtrades