For those who want to play safe and don't "buy the dips" it is *almost* time for $SPELL to pick up and grab a train for an upward movement🧙♂️ A closure above the .02 level and following retrace not below the previous low would suggest a strong BUY signal🔼
Cardano has shown more bullish power compared to other coins but heading at least to 1.32 before next impulse (to be determined)
BTC creating a flag that if broken will lead straight to 30k, panic sell could lead the movement to 20k. Reddit "trader" kids hodlers advised.
I will buy with 100 pips stop loss if an H1 candle will break the trendline at closing price . I see AUDCAD in a strong correction of an uptrend on the daily chart, just looking for a further breakout upwards. This could be a good chance to jump on the train quite early!
AUD is performing well but i see this retracement a good chance of catching some good pips. 4h is breaking, might not but 1h has already broken on a good divergence, I will take this trade now. 100 pips stop loss. If this trade goes down nicely it could give 200+ pips.
The short momentum is weakening, a lot of divergences and a 3 point trendline will mean a buy if broken (broken at close price). It should give a 80-100+ pips profit. Wait for Buy at retrace after the close of the breaking 4H candle!
Yesterday price bounced off resistance and today it is testing time for support, if broken on daily close will mean further down movements!
Might look like there is an easy short on the GBPUSD 1h/4h but I consider it very dangerous, since there are no divergences AND a huge triple divergence on the daily. I'll be looking for a Breakout on Daily timeframe of the trendline to go for an easy and neat Long. Just IF the Daily candle will close above the trendline.