If 5688 is broken, h&s is invalid At the moment It seems as if it wont break 5673. If 5673/5688 is not broken, FRA40 is probably going to rush down to 5597 first, then consolidate to a bearish base and continue downward to around 5460~
If daily candle breaches lower support at 1480.00 it would search for next support at about 1437. If the upper resistance is broken its likely for gold to target 1563.00.
The weekly chart shows a rare bullish flag that may predict a bullish leap upward. If the Bitcoin rises it will probably exceed the first major high. May long while its at a low part of the alleged bullish flag
Will probably bounce back and keep bullish to 0.84990. if 0.84990 is broken then set TP to 0.85950. If lower support is broken, which i find unlikely it will rush down to 0.80000 Stay frosty for now and watch further trend development
FRA40 is hitting a strong long term resistance at 5664 Turning bearish and looking to take profit at 5452 short term
If bullish trend continues i expect it to go to around the mid july highs ~ 121.000 If trend reversal goes through, watch for supports/take profits, shown in graph. Considering short trade on: TP1: 118.800 TP2: 118.000 swing trade TP3: 117.660 If support ist broken
The Upper resistance may be broken. Observe a few more minutes.