@nzdchf bears?after such impulse i believe that we can go lower; at least to the level marked on the chart
TOO
ONE/USDT Just Look At it!Hello Community!
Before we begin, hate it or love it, please support my idea with a thumbs up and a comment.
ONE/USDT on the 4HR TF, looks like harmony at its finest!
Safe Trading Calculate Your Risk/Reward & Collect!
Coin Donations Are Always Welcomed :)
Simplicity Wins
SHCOMP Shanghai Composite A Technically Perfect Bounce13th September 08:28 Bst
Shanghai Composite Index SHCOMP
A Technically Perfect Bounce
This was meant to bounce from the the big double bottom
set-up at the 2639 line. In the event it fell to 2647 before
bouncing about 1% or so.
However this index is so far still stuck below the upper
parallel of the original downwave and is therefore not out of
the woods quite yet - but it has at least bounced where it
should have done from a technical perspective.
Now has to push up through that same parallel to start
running free to the upside and to challenge the next
resistance zone at 2791-2803 range.
Whilst this index holds up above 2639 trade worries should
dissipate and help other world markets too.
Shanghai Composite Index SHCOMP 12th September 00:59 Bst
Now just 10 to 24 points away from major support potential at
structure lows in the 2653-2639 range.
This index must hold here and bounce overnight.
Failure to do so will trigger further weakness back to 2444.
That would affect other markets tomorrow.
So long as it holds up as it should we should have a positive
day tomorrow elsewhere too.
*For global markets updates in real-time please see last link
at top-left of main page.
RKDALooked funny on some guy his videos , looks like the analysis prices this at 22 , i am not a trader so be cautious with this .
Bitcoin: Moving FastBitcoin: BTCUSD 3 minutes too late...
The fall from the right hand shoulder peak at just below the
next long trigger at 7425 has been greater than expected for
sure. Any stops under buy orders at 7250 have been blown
away. Not good. Any day-trading profits from upside earlier to
4725 neck line now reducedby the bad recent long if buy
orders at 7300 were implemented creating a 60 point or so
loss. Bad one. Sorry.
So now it's flipping around below resistance at 7260-7280 and
whilst unable to break above here 7280 and hold it's still
vulnerable to more selling pressure.
We can easily come back to 7135 and 7077 again if 2780 keeps
stopping rally attempts from here. Pattern not good in near
term..a break below 7200 triggering that next decline to 7135
and then, if this fails back to 7077.
The day belongs to day-traders so far: would rather play short side for now...
EURUSD POTENTIAL UPSIDE TARGETSLooking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe. As always keep it simple, but always look deeper at price action and not indicators which are not reliable. Threw the RSI for shits and giggles. ;)
