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TP = 2,854.75 hit as the 1D Channel Up (RSI = 65.007, MACD = 19.610, Highs/Lows = 15.5179, B/BP = 48.7240) extended on a new Higher High at 2,863.75. A smaller Rising Wedge pattern however is squeezing the price through the funnel towards the All Time Highs. That remains the second TP = 2,787.00 and the 4H Channel Up is steady enough (MACD = 8.760, Highs/Lows =...

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TP = 0.21987 hit as the 4H Channel Down (RSI = 29.011, Highs/Lows = -0.0141, MACD = -0.011) moved to a new Lower Low near 0.2100. 1D is technically seeking a support test on the June 29 bottom = 0.1713. Our new TP for XLMUSD is 0.1802 however as this is where the 1D Head and Shoulders (RSI = 36.116) meets its neckline. The probability for a 3-4 day consolidation...

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TP1 = 70.855 hit as the 1D Rectangle broke (Highs/Lows = -9.6650) and the chart emerged as a Channel Down (MACD = -3.503, B/BP = -17.8560) aggressively seeking (RSI = 29.503) the November 02, 2017 bottom. Needless to say, 4H is oversold (RSI = 21.914) so a consolidation that will rebalance those indicators cannot be overlooked. When this is over though and if the...

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TP = 6,855 hit as the new bearish leg has been delivered and the 4H Channel Down (MACD = -222.700, Highs/Lows = -315.0176, B/BP = -660.0506) made a new Lower Low at 6,360.5. The chart (4H) is on oversold RSI = 24.655, STOCHRSI = 0.000, Williams = -82.242 and CCI = -220.4171, so I cannot dismiss the probability for consolidation. 1D though is a freefall with 10 out...

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TP = 1.15531 hit as the latest 4H Channel Down from the successive patterns (see chart) reached the 1D soft support. With DX rejected again at 95.35 it is possible to test the 1.1731 Resistance again. However, the Inverse Head and Shoulders on 1H suggest that the bullish leg (RSI: 67.378, Highs/Lows: 0.0017) is limited to a 1.1600 - 1.1610 Resistance zone and 4H...

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TP = 1,208 hit, as the July 2017 low = 1,208.70 was crossed twice, once reaching 1,204.66 and the other 1,206.84. However as DX was rejected off the 95.20 - 95.45 Resistance zone, XAUUSD rose in response to a 1,217.94 High. This is still though a Lower High within August and with the 4H Falling Wedge (RSI = 47.270, MACD = -2.140, Highs/Lows = 0) restricted to a...

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The first critical point = 7.0870 has been crossed and the first curve has been broken. However as you see on the chart, EOSUSD is again consolidating (ADX = 33.507) supported by a new eclipse pattern but still within the 1D Channel Down (RSI = 38.118, MACD = -0.336, Highs/Lows = -0.3314, B/BP = -0.7181). If 7.4356 holds as a Resistance, then I expect the eclipse...

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The first TP = 0.4100 on Ripple has been hit as the 1D Channel Down (RSI = 35.413, MACD = -0.013, Highs/Lows = -0.0246, B/BP = -0.0502) has been rejected on a new Lower High at 0.46014. The pace is slow (4H RSI = 29.013 but again MACD, Highs/Lows, B/BP near 0.000) and an aggressive downside break - out is needed in order to keep the current Channel Down valid. See...

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ETHUSD has slowed down the pace of the downtrend following the latest aggressive Lower High rejection at 487.00 on 1D. 4H is already on neutral Highs/Lows = 0.0000 and bullish STOCHRSI = 73.644, which should be enough to keep Ethereum ranged at 395- 413. If the 420.30 Resistance is tested and rejected, it will be the first time to test this levels as a Resistance...

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The last long TP = 3.81038 was hit and shortly after CHFPLN has started a sharp decline on 1D, which has evolved into a Descending Triangle (RSI = 44.646, STOCH = 47.472). The Highs/Lows = 0.0000, MACD = -0.008, B/BP = -0.0069 indicate that the 3.67500 support will be tested again before a new Lower Low near 3.7000 and a final test of the support before the...

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EURZAR is just coming off a Lower High on the 1D Channel Down (RSI = 49.793, MACD = -0.062, Highs/Lows = 0). The support lines are highlighted with the blue dots and although we price the Lower Low at 15.100, our TP for the current short is 15.2200.

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EURPLN has switched to a Channel Down on 1D (RSI = 35.852) and despite the slow pace (MACD = -0.016, Highs/Lows = -0.0192, B/BP = -0.0216) can extend (gradually) to a new Lower Low at 4.2200. This is our TP where a short term consolidation is expected (oversold already on STOCH = 19.416, STOCHRSI = 6.677, Williams = -92.202).

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OMGUSD is trading on a clear 1D Channel Down (RSI = 28.391, MACD = -0.560, Highs/Lows = -0.8476, B/BP = -1.2255), which since pricing its Lower High near 7.000 still has significant downside potential, despite the oversold STOCH, STOCHRSI, Williams. Our position on Omisego is short with TP = 4.4846 and (under circumstances that will be updated on the next post) 2.6561.

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VENUSD is trading on a 1D Channel Down (RSI = 31.035, Highs/Lows = -0.5037, B/BP = -0.6960, MACD = -0.230) that will take some time to make a clear Lower High again. Based on 4H (Williams = -94.498) there are more chances to continue its descending trend on a slow pace. Our position on VeChain is short, TP = 1.000 and 0.8000 in extension.

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BNBUSD is trading on recurring patterns and at the moment is on a 1D Rectangle (neutral RSI, STOCH, STOCHRSI, ADX, CCI, Highs/Lows) as seen on the chart. We are taking scalp action between the support and resistance and once it approaches the orange trend line we will go long, TP = 17.000. 1W is also neutral (RSI = 54.893, CCI = -41.1595, Highs/Lows = 0.000)...

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XEMUSD is on a 1D Falling Wedge (RSI = 30.672, MACD = -0.008) that is dropping towards the 0.11087 December 07, 2017 bottom on a very steady pace (Highs/Lows = -0.0168, B/BP = -0.0249). We are short on this crypto, TP = 0.12059.

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Bitcoin ultimately broke the 7,000 psychological support on 1D on a +30K volume (volume sustainability). 4H is now a tight Channel Down (RSI = 36.141, Highs/Lows = -12.9901, B/BP = -99.7679) making its Lower Low at 6,890.2. Yesterday's 1D Doji Star Bullish reversal candle, being only on bearish technical action but MACD = 75.500, can only lead to a Lower High at...

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The previous 2.779, 2.747 Targets have been hit as the downtrend on Natural Gas was completed on 1D with a near full test of the 2.696 support. 1D is now bullish again on RSI = 55.894, Highs/Lows = 0.0630, BBP @ 0.0800) having just crossed the 0.382 Fibonacci retracement (2.837). With such momentum, we expect the 0.500 to be next (2.879). We are long with TP =...