fractal from ETH 2017 run, SOL will play out the same
Risking small % of ADA bag for futures trade
BTC, as noted a few days ago, had a rapid move to the upside and needed to find and make some support. The issue with these violent not organic moves sometimes is that we don't get proper fresh resistance and support levels in the market like we should be getting. BTC really failed to crack that $10,500 level and is back down now sub $10k. I would be looking to...
On the weekly chart, we can all see that nothing has been stopping XRP the past few weeks. After a strong weekly close above $0.24 and recently $0.30, we can see that wights are being sent on higher levels. If this pair can get a strong weekly close above the $.34 level we should be able to continue this momentum higher over the next few weeks. Something to take...
BTC may have just made a little short term support around the $10,150 zone. I think a little pullback to find some support it always good in these types of rallies. Compared to the ALTs, BTC has been lacking this week so I do think it will try to take the weekend and play catch up and we see a strong push towards that $10500 or $11,000 level. Longs should still be...
BTC on the weekly chart, looking for a solid push and weekly candle close above $11,000. If the paid can get a solid push above that region I can easily see if trying to reach $11,500 and start hitting some of the levels we hit earlier this past summer. If going long I would be careful of that $10,000 level or even down to $9,800 as we look to make more solid...
Simple trade taking USDCAD for a short position. We were unable to break above that 1.344 region, and if we get some bearing pressure from today we could see this go lower this week.
Current trade I'm in, AUDUSD short. I would have like to gotten earlier at the 78.6 level on the fib, however, the fact that we tested that level 3 times shows me that some downside pressure was building up. My target is set for 0.7075 however we could drop as low as 0.705
Looking at EURUSD here I have a short idea coming into play. We have made a series of swing highs and swing lows, and I can see that we just made a swing high. Coming off that trendline I have an 80 pip TP level, however, we could fall much lower creating a lower-low.
Looking at the Euro chart here we have been having a negative week. After breaking the uptrend Tuesday, I believe that we will come down and see at least some more downside pressure as the week comes to a close. I am looking at 1.124 for a possible profit taking point.
USDCAD has been running up the past few days with full heads of steam. With the US stock market having a needed pullback today, I can see the dollar slowing down over the next few trading sessions. CAD unemployment is coming up tomorrow as well. I would like to see us stay below 1.345 with targets highlighted on the chart
Thade that I'm currently in to end the week is GBPJPY short. After last night we could have gone and hit 141.00 with the dump we had before some GBP news. After price shot back up, we failed to break above 142.50, a critical resistance zone. I see this pair going shortly to end the week and hopefully, we will hit 141.00 or even lower.
Euro has fallen and come into this zone on the 4-hour chart. IF and only IF the euro can stay above this highlighted zone, I can see the pair pushing up higher. The first zone I would look at would be 1.149. Things could get tricky with the USD this week and there is a scheduled state of the union address from the president that may impact the market.
USDCAD was rocked yesterday after the feder reserve anounced they would not be rainsing interest rates. Currently, we are sitting in this consilidation szone on teh four hour chart. If we can break lower and push past 1.31, I coudl see uf falling down to 1.300
USDCAD is stuck in a consilidation zone hiljghted on the hourly chart. After the Fed gave little push to internest rates, the USD fall pushing this pair south yesterday. With the week comnig to a end, we can still count on some dolar weakness to see this pair move lower. If we can break through 1.31, we can fall lower to posibly 1.300
GBPJPY looking line a nice short to monthly support of 142.5. With big pound run ups last week I can see this pair falling into a monthly support zone. Once we break below the small resistance highlighted, we may begin a freefall.