CryptoCamel

CryptoCamel Updated 

looking for silver short positions up here. Price hit 179% fib extension of initial move which is quite normal in silver after inefficient spikes up. Hoping we see a complete gap fill, if not, at least reaching ~14.75 which aligns with S/R, 79% fib retracement of the entire move AND 62% of the initial move. Will let price action unfold before going short. One...

CryptoCamel

~$375 is simply a breakout retest of previous resistance that confluences nicely with 62% fib retracement and midpoint of a bullish daily OB. A nice opportunity for longs to fill pre 'halving pump' H1 2016

CryptoCamel Updated 

The CAD strength (loony weekness) seen the last few days seems overblown and should be seen as a good opportunity for better entry to long USDCAD. CoT shows commercials have used this opportunity increase their net short positions which would suggest higher prices are incoming. Theres support at exactly 70.5% fib retracement... I will start accumulating a...

CryptoCamel Updated 

Every time these guys start to change their position the market changes direction in a big way. They're now preparing for full retrace. Long

CryptoCamel Updated 

Head and shoulders formation is around 2400 pips to both the peak July 2011 and previous low November 2003.

CryptoCamel

good place to short for further slides in usdjpy. this shld coincide with dxy weakness

CryptoCamel

If 0.765 breaks then a retest of the previous low seems certain. A decent break below that with continuation of USD bull market then some serious downside could occur. Waiting to see what happens on 70% fib (in yellow) before opening trades.

CryptoCamel

personally im thinking short usdcad...we're above trend and ema down, heres a bounce nothing more. total qe retrace might be pushing it tho

CryptoCamel

trend is strong with this one