Breakout on our 1H timeframe( Grey Trendline ) and it has also reversed on my Resistance line. Sold because I have 2 confirmations and plus there are no fundamentals until next week. Now lets see how it plays out. TP 1:2052.17
4h Timeframe: Stop loss was hit but the Bearish Reversal 4H candlestick was formed and reversed back, crossed the 36221.4 ( Key level ) which brings us back to our zone
GBPJPY has formed a dairly reversal on our resistance which is a good indication that we will be heading down
4H reversal on the resistance to show we heading down to the HL which if we cross it then we will be heading to form a LL since e are in a HL
Dairly reversal on GOLD as we can see it has reached the resistance (Previouse HH) and formed a reversal candlestick & the RSI is at the zone where there is high possebility of the market to shift down for a few period of time (Tp 1).
Bitcoin seems to have broken out of the mini downtrend...It is showing that it might firstly retest and the reverse and go up again since the 4H candlestick seems to be pulling to retest...but we should wait for the reversal candlestick for confirmation for the buying opportunity in 4H timeframe for better long trades
UJ has reached the peek and on the 4H timeframe if you can check (on your chart) the RSI has crossed the 70 which shows that it has over bought so it might be time to head down for some couple of days or weeks if the higher timeframes such as 4H and 1D (Daily) form a bearish reversal. Disclaimer: This are my thoughts and how I see it will playout.....DONT COME AT ME!!!!
Dow jones might be heading up since it has retested on the downward trendline and it has shown that it was starting to be weak by its last bearish candlestick which touched the trendline plus RSI has proved that it has oversold
It might be time for the reversal phase of the Bitcoin since it has been going down for weeks plus the RSI indicator shows that it has oversold...so lets wait for a touch on the key level (support) and see how its going to play out