MARVEL baby upIt sounds like you're describing a positive trend in the weekly and daily charts for a particular financial instrument. The price has successfully retraced, and you're currently above significant weekly and monthly levels. Given the upcoming holiday season, you anticipate a potential upward movement in prices. Your primary target is set at a historical weekly level. It's great to hear that you're finding opportunities and have a clear target in mind. Best of luck with your trading endeavors, and may the holiday season bring favorable market movements for you!
Weakly
USDJPY Continues To Retain Its Pullback Threats.
USDJPY the pair rejected higher prices to sell off on Thursday opening the door for more weakness. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109.50 level on a break of that area. A cut through here will open the door for more gain towards the 110.00. On the downside, support lies at the 107.50 level where a break will target the 107.00 level. Below that level will turn focus to the 106.50 level and then lower towards the 106.00 level. On the whole, USDJPY faces further downside pressure in the days ahead
Bitcoin. Looks bad#BTC
The month-wide RSI goes below the past minimum visible on Bitfinex. As you can see, the market has not received adequate support, globally it is very likely that the RSI will continue to decline further to the oversold area. MACD on the same scale continues to look not promising, apparently, and will continue to decline. It does not seem that the market has globally reached the bottom, there is still much to fall in, in case of going below 3000 we can even get closer to 1200. A 1-day scale shows a symmetrical triangle; on the downtrend, this pattern indicates the likelihood of a further decline. At the moment, the price is below the area (green range) necessary to maintain a positive and the possibility of further growth. We need to lock in above and head to the upper face of the triangle, otherwise we will continue to tighten the flat. The negative scenario, which is most likely now, is the breakdown of the lower edge of the triangle and the test mark of 3570, in the event of a breakdown of this support, the market will continue the bearish trend and we will further decline.
EURNZD!! Amazing Zone.EURNZD Respetando Area de reversion de precios (desde el 2010); Deberiamos Plantearnos ventas por el curso que esta formando.
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EURNZD Respecting the area of price reversal zone (since 2010); We should raise sales for the course that is forming. FX:EURNZD