Price formed new high close to 14 and now appears to be dropping. I think it will retest and create support around the 9-9.50 area before continuing bull run. I will be looking to add when it gets back in this area. I expect price to for the same clean traffic candle when you look left... on its way back down. We shall see
Looking at the weekly chart, XRP facing some strong resistance. If price breaks above and close above, we may see .40 & .50 price zone. If it fails to break the resistance, I believe it will come back to retest the .22 price zone before making another attempt to break through resistance.
BTC is ultimately going retest the 19,000 area and this is why I say that. On the weekly chart if you zoom out, you will see an overall bull pattern with the flag poll starting from around the 3K area to around the 14K mark. When BTC pulled back, it formed its low around the 5-6K area which setup for this current bull run that BTC is on. If you drop down to the...
I'm looking at potential short to the area marked on the screen or the 134.100ish area if price breaks out the range and closes below the range (green box).
Looking for the move to continue to be bullish. My TP area is the grey zone right above the read arrow.
Looking for UCAD longs once it breakout out of the current range that its in.
Price appears to be forming a right shoulder in the Heads and Shoulders pattern. Could be a possible play for those that do options or for the stock investor an opportunity to buy once the pattern is completed.
Just posting my biasis for GBP/JPY for this coming week.
Looking for Gold to retest the zone before continuing to drop lower next week. Let's see how the market plays.
LTC going to 500-540 within the next few weeks. One to One move off Fibs..
Looking for price to hit 18K before next pullback
Possible upcoming weeks.. things could get interesting. Just a thought
Should make for an interesting close of 2017 to mid-late 2018..