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InvestingScope

Copper is trading within a 1D Channel Down (RSI = 43.155, MACD = -0.058, Highs/Lows = -0.0015, B/BP = -0.0380) after reaching the 2.54472 mark. It is now near a new Lower High = 2.69388, which if it holds, will test the 2nd 1W support = 2.45945, which is our target for the new short on XCUUSD. If the Lower High is crossed, the we will get a temporary rise to 2.85479.

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Both TP 878.128 and 852.737 in extension have been hit as the previous Channel Down on 1D even crossed our estimated 793.519 bottom. This break-out maintains our sentiment on a bearish path for Platinum as a new Channel Down is being developed on 1D (RSI = 41.648, MACD = -12.930, Highs/Lows = -6.5407, B/BP = -19.9240) seeking 740.000 as its next Lower Low. Only if...

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NOKSEK is trading within a long term Rectangle on 1W (Williams = -53.421, CCI = 12.5397, Highs/Lows = 0.0000) with 1D indicating that at the moment the price is on the pivot (RSI = 51.985, ADX = 17.916) with both directions equally probable. We will be scalping within the Resistance (1.09456) and Support (1.07445) lines indicated in blue.

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AUDNZD is trading within multiple Channel Up formations, with the underlying bullish pattern (RSI = 59.134, MACD = 0.003, Highs/Lows = 0.0000, B/BP = 0.0029) indicating that the low is most likely already priced in. TP = 1.11740.

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BTC is following the exact Fibonacci pattern of the previous Lower High on 1W. Assuming that 5,879.30 was the bottom of this leg, the price should now extend to the 0.618 retracement level since July's 8,500.2 Top which is 7,469.70 (before dropping to 5,800 again). With the current 1D consolidation (ADX = 44.824, CCI = 21.5859, Highs/Lows = 0.0000), the Head and...

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TP = 0.016362 hit as 1D aggressively broke the previous low slope Channel Down and is now seen approaching the intermediate line of the underlying 1D Channel Down (MACD = -0.004, Highs/Lows = -0.0025, B/BP = -0.0063). The upside is limited to a Lower High near 0.02500 and we will most likely see 0.009634 (TP) on TRON in the coming week. The December 16, 2017 low...

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As expected 4H formed a Channel Down that has now found support (RSI = 48.008) near the projected first curve shape as it approached the November 02, 2017 low. 1D is now on a critical short term level where if today's 4H Lower High breaks then the price will most likely rise within the 1D Channel Down (RSI = 30.058, MACD = -0.139, Highs/Lows = -0.0860, B/BP =...

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TP1 = 0.099141 (December 11th, 2017 low) hit as Cardano followed methodically the curve shape on 4H (RSI = 45.508) to a 0.8355 bottom. We now see this pattern reversing as implied by the rising curve on its way to a critical level which is 0.1157. That is our break-out point for the short term trend setting as it is the Lower High on the smaller Channel Down on...

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XLMUSD loosely delivered the expected consolidation on 4H (neutral RSI = 52.612, MACD = 0, Highs/Lows = 0.0006) keeping the price to respectable levels. 1D is now expected to decline as its Channel Down (RSI = 44.360, Highs/Lows = 0.000, B/BP = -0.0207) has met its Lower High limitation line. We remain short with TP = 0.1802. The 0.1713 mark (June 29, 2018 low)...

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TP2 = 49.508 (November 02, 2017 bottom) hit as the 4H Channel Down (RSI = 50.175, MACD = -0.915) on Litecoin aggressively reached its exhaustion point. We now expect LTC to follow the tight bands of the larger 1D Channel Down (Highs/Lows = -3.0979, B/BP = -10.6080), which still hasn't made a proper Lower Low. We expect 67.00 at best as a Lower High and then test...

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TP = 5.9782 hit as the 1D Channel Down (MACD = -0.846, Highs/Lows = -0.8497, B/BP = -1.6418) aggressively broke near a new Lower Low (oversold RSI, STOCH, STOCHRSI, Williams). This oversold activity is unlikely to be able to sustain further downtrend on EOS without a week long consolidation. This suggests that a Lower High near 5.95 is probable, but the underlying...

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TP = 0.35277 hit as the 1D Channel Down on XRPUSD(RSI = 27.971, MACD = -0.046, Highs/Lows = -0.0406, B/BP = -0.0848) aggressively moved to a Lower Low near December's 12th, 2017 low = 0.24321. The blue dotted line represents the Lower Lowe supporting trend-line from the previous two Lows and shows that a bounce may be gearing up. Within the Channel Down, the...

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TP = 357.60 (April 01,2018 low) hit as the price broke lower aggressively from its latest "extended" Lower High rejection. ETHUSD follows a very rigid 1D Channel Down (MACD = -42.590, Highs/Lows = 047.9881, B/BP = -101.4846) but being oversold on RSI = 22.822, STOCHRSI = 22.159 and ADX = 83.950, it is possible to make a relief rebound towards 357.60 to form...

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Both targets hit (TP = 74.089 and 73.00 in extension) as the 1W Channel Down (RSI = 32.364, MACD = -1.080, Highs/Lows = -1.8671, B/BP = -4.6240) made a Lower Low at 72.363 breaking an emerging consolidation before its maturity. The Lower Low on the 1D Channel Down (MACD = -0.740, Highs/Lows = -0.8821, B/BP = 1.8960) can be a little lower (71.930) but in any case,...

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USDDKK has preserved the long term Channel Up on 1W (RSI = 69.995, MACD = 0.069, Highs/Lows = 0.1019, B/BP = 0.3423) as it broke the previous consolidation on 1D to the upside. As you see on the chart there are recurring patterns on 1D (Channel Up after Rectangle) so the pair will now most likely print a Channel Up (RSI = 67.432, ADX = 34.541) on 1D towards the...

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The 10 Year has just bounced off near the 120'20'0 Resistance on 1D and based on the neutral 1W action (RSI = 46.325, STOCH = 54.180, Highs/Lows = 0.000), it should reverse towards the 119'02'5 support. Our short's TP is 119'09'0.

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DAX is about to complete a very long term Head and Shoulders pattern on the Monthly chart, thus the neutral RSI = 51.621, ADX = 29.826. 1D is a Channel Down formation (RSI = 34.363, MACD = -73.300, Highs/Lows = -357.2500, B/BP = -455.2462), which if the 12,080 support from the previous Lower Low breaks, will hit 11,900. If it is rejected, then it will rebound to...

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TP = 1.14500 hit as 1D aggressively (STOCHRSI = 0.000, Williams = -98.364) broke through the 1.1510 support, creating a new Channel Down (RSI = 26.291, MACD = -0.008, Highs/Lows = -0.0198, B/BP = -0.0336). 1.12840 (June 02, 2017 contact point) is a possible bounce spot for this Channel, which if successful can extend up to 1.1510 (previous support). If crossed...