I see Gold trending down for next coming weeks or even months.
US500 broke a long-term trendline. I think we are going to see a pullback on US500 for the next coming weeks / months.
GBP/JPY recently broke a trendline of an uptrend. Also currently the price made a triangle pattern, of which we will see a breakout in either direction. However, we could expect the price to retest a broken trendline or to bounce off of 0.618 Fibonacci level of a recent swing move which also broke previous uptrend structure and gave us a bearish market structure....
Hello, guys. ETH broke below the trendline of a very long channel and a triangle pattern. It may do a bearish retest of this channel, however, I see ETH trending down for the next few weeks and months. Based on Fibonacci retracement and extension, I wouldn't be surprised if ETH reaches the green area, where it could create a gigantic double bottom for great...
I could be wrong, but in my opinion, if we go below 42k-41,9k, we have an opportunity to short BTC once more before we are going higher. Additionally, if we are going much lower, I think this is the great point of shorting BTC, Stop loss is above $43600.