Bitcoin to double in the next 6 months. Gold is bullish too.
strength in CAD. Long term trend line looks like its broken on the wekly chart
I say long because of 2 things the price action the volume is impeccable We may see a small correction, but this is what my current trade looks like. I closed half this position as a scalp.
I am shorting this because JPY election signifies further strength in the YEN. Traders look bearish on the euro. I believe Eastern traders will be buying up the YEN because they know that their government will continue to protect their exports, let alone the fact that the YEN is a safe haven asset. Another key indicator for me was the fact that this looks like a...
The price action is telling me that this is bullish. Though we do see a head and shoulders formation.. i took a short position here.
This is kind of a bold move.. no confirmation except the trend line. Major support at the white line, and I think the JPY should get stronger. I think I can at least break even on this judging by the time of the day, post-business hours it should correct and I'll close half the position at a 1:1 or 1:2 RR.
Here is an ABCD pattern for ya'll I have been short since 1.716, and i left half of my trade running. You could set a limit order and wait for a pullback at about 50%, just like you see here gl
Looks very bullish Also bullish on EURAUD Therefore will be looking for long trades in EURCAD
long, it may correct to longer trend before it goes back up but so far I got this order active just in case it continues upwards. RSI looks consistent. Green zone is fib .5-.618 between 4 hour relative swing high & low Strong demand zone in big green box, which is weekly fib of relative swing highs & lows.
short RSI overbought Lots of traders will notice this trend and add to selling
this fib .5-..618 was determined by using relative highs/lows. It is currently in this zone. Limit orders activated