Currently FX:USDZAR is finding support around 14.32. On hourly it could form a bull flag for the next run up. Current elections could be catalyst!
Price compressed nicely and broke up. If this pattern plays out we could get very close to $6000. Go BITFINEX:BTCUSD !
The last move had some good volume behind it, tried to retrace a bit but came up very quickly. If the setup plays out it can have a good little run from here as well - I am not clear if I will take a trade.. Thus potential long on BITFINEX:ETHUSD
Although the FX:GBPUSD has been recovering last few days I believe the longer term trend will hold and we may see a drop coming over the next few days or 2 weeks or so. With all the Brexit talks going on this could be the catalyst. If we clear 1.29 I think the trend will be broken and will be looking for some longs from there.
BITFINEX:ETHUSD has been recoring nicely last week or 2. It has established. Lots of higher lows been made and also higher highs. This is a short time frame - would love to see $250 soon!
Hope to get some more downside here - target 13.75. FX:USDZAR
I am anticipating a nice drop in the FX:USDZAR Target will be R13.50 odd.
The USDZAR is really looking as if it wants to start a proper downward leg. It broke an 8 month long upward trend line. For more ideas please visit www.practicalpips.com . FX:USDZAR
Spotted this last night after a big pump! I assumed its a typical pump and dump but it held the 17000 levels. If this little flag breaks up it can run wild :) BINANCE:PHXETH
Is there any significance to a head and shoulder like pattern to break out of a wedge pattern in ethereum?
Looks like $ETHUSD could be consolidating for a nice move higher soon.
The downtrend has been broken - lets see if it can run a bit. Nice cup and handle formation too... We could have a very good March if the pattern plays out..
Daily chart looking like a huge pennant/symmetrical triangle! Although technically there was no strong upward move before...
Very rarely one gets a very special chart setup ... Impressive stuff!
Will be keeping an eye on this one - shorting at 1.22 odd down to just above 1.20..