bitcoin is not holding the uptrend continuation it is currently breaking the range. it downhill from here. next target is $20k
crude oil is still maintaining its uptrend continuation. it is currently testing the resistance zone. waiting for a break above to indicate more uptrend continuation if we break above $66.72 we might head up to $74.55 mark which was 2018 resistance area.
it changed from a downtrend to an uptrend on the 4hr timeframe we on our way to the $30 mark posted a few weeks back.
i am still bullish in gbpusd we are ranging between 1.4208 and 1.4110 it is also forming a bullish flag pattern. waiting for a squeeze to break to the upside
it is heading up nicely. it broke out of the 1800 range we are now in the 1900 area. heading to my target of $1950 posted a few weeks ago
we can see that on the 4hr timeframe that ethereum had been dropping it is currently not forming any lower low a break and close above $3k will be good for more uptrend continuation
on the 4hr timeframe we can see a a downtrend we currently breaking that downtrend by not forming a lower low waiting for a break above $43k for confirmation of uptrend continuation
on the 1 hr timeframe we can see that its ranging 1.2262 and 1.2242 good entry to go long it looks like it wants to break out of the range
eurusd has broken the resistance zone and now am looking for a retest to look for entry.
EU is in daily 60 pip range. no decision yet for either up or down. wait for a break and close above the range or below the range for clear picture.
the dollar index is ranging between 90.22 and 89.70 a break below will signal more downtrend continuation. a break above the resistance will see it trying to move to the lower high of 90.85
on the monthly time frame we can see the monthly candle closing bearish. the short term correction i am looking at good entry plan. waiting for a retest at around 1.3k or 1k targets are at the previous highs of 2.8k and 4.5k longterm targets is around $10k
on the monthly time frame we can see that the monthly candle is forming a bearish engulfing. i am waiting for the best entry for more uptrend continuation. option A is a bounce at 19k option B is a bounce at 13k tragets are at the previous resistance at $60k Longterm target $100k
crude oil is currently ranging between $66 and $63 short term targets at $68
we can see that the daily candle is closing bullish breaking above the resistance at $1872 more uptrend continuation to come Longterm target $1951
weekly candle needs to close above $28.70 for more uptrend continuation. currently in that weekly range
we have had a minor correction on the weekly time frame a sharp rejection wick on the weekly candle. waiting for a break of resistance at $4.5k all time high Longterm target is $10K
on the weekly chart we can see that it made a huge correction toward the $30k mark. it made a huge rejection on the weekly candle. waiting to see how the week ends if it gets back into the range. this will give an idea that next week we can break that ALL TIME HIGH $100k still in play for the longterm