SEE CHART FOR SUPPLY & DEMAND ZONES SHORT TERM RETRACEMENT EXPECTED BEFORE BTCUSD LAUNCHES TO $12K ZONE GOOD TIME TO BUY IN NOW AND NOT GET ON BOARD AFTER THE CURRENT SUPPLY ZONE'S ANTICIPATED FALSE BREAK BEFORE RETRACING BACK TO FRESH DEMAND ZONE. NOT FINANCIAL ADVISE - ONLY MY OPINION AND HOW I AM TRADING THIS PAIR.
GBPUSD might take a breather and retrace in the short term.
With European Parliament elections around the corner I anticipate a nice Northwards move for EURUSD. Long EURUSD
USDJPY still fighting the trade war. Bias is short for time being.
Expecting small reactions at demand zones. Nothing more than a 80 pip rally for me thanks.
Gold back under the downtrend formation. Will it continue down? Bias is south on this pair
Time for a retracement after 2 weeks of free falling. Weekly trendline act as confluence again, perhaps? Let's see. Long GBPCAD
Seems like the BTC bull is back in business. I anticipate a pull back to around $6k region before a strong move upwards to $8.5k region. Any pull back deeper / past the $6k region is also welcome. Bias = long _-_long term Bias = short_-_very short term for pull back only. Not financial advice For educational purposes only.
Trade calls as per chart. Area of interest is at 1.28 region for longer term demand trade OR 1.34 region for longer term supply trade
EURUSD aim a bit higher as a weakened supply zone is near. USD currently dominating other currencies so might see a short lived EUR strengthening up to 1.13 supply region. Fresh supply awaits around 1.1290 - 1.1300 region. Overall short bias.
USDJPY may see a drop to 108.5 - 108 level whilst the trade war stubbornness is not yet resolved. A daily close below 109.4 will be bearish for me.
AUDJPY onwards and downwards? AUD economy to take some hits with US-China trade war negotiations. JPY safe haven currency risk off for how much longer? Short bias for AUDJPY near future. For educational purposes only. Not financial advise
AUDCAD short bias. Last major area in play - SUPPLY. Demand zone approaching might fail due to numerous prior tests. (Anticipate small bounce at demand and then short again) CAD got some momentum with +ve numbers in last week's Employment Change results. 106k vs 10k expected.
BTC is his own boss. No one can prescribe him what to do. So, following standard TA, my analysis points in the direction of $4600 first before any "reversal" will likely be considered plausible. We've have confluence of the long term trendline as well as 4 weeks of testing the $4600 range. Yes, there are some higher prices ( > 4600 and < 5000) within this area...
TA as shown on the chart. Strong resistance levels coming up but I believe the Bulls are back in control. 1.19600 range is the target for the nbext 2-3 weeks Happy trading folks! NB: NOT FINANCIAL ADVISE FOR EDUCATIONAL PURPOSES ONLY
Previous uptrend breakout and 0.5 fib level tested nicely. Now we aim to go up to retest the next 2 critical resistance levels in order to confirm the overall uptrend. TA and criticals levels as shown on chart. Happy trading folks. EZ
Great test at the 0.5 fib level as pointed out a few weeks ago. Its now the tipping scale of whether it will actually proceed with the overall uptrend or just in a correction phase before continuing downwards. Will monitor PA and check fundamentals. Two big areas for resistance testing. 0.382 and 0.5 retracement levels coming up. Happy trading folks