looking for longs on USD/CAD off this accumulation profile
Potential bull run ahead for OIL - Inverse Head/shoulders forming. Look for a retracement back to the neckline followed by reversal confirmation.
USD/JPY - Thursday will be a key day for the U.S. Dollar. Major economic news being released throughout this week that could cause a reversal in the USD's recent downtrend. If people like what they hear and we break through the ICH cloud resistance we can expect a trend reversal with a short term target @ $111.00 . if we see it bounce off that ICH cloud res....
Ichimoku clouds show clear bullish bias on the LTC/BTC chart as people watch Bitcoin bleed. For those of you who don't know, there's been much speculation around shady rumors that Bitfinex has been using Tether to artificially pump Bitcoin prices for months. The dominos started to fall when they severed ties with the company hired to do an audit - then to make...
Ethereum has broken out of its channel and seems to be on a course for planet lambo. Gathering further confirmation from Ichimoku Clouds and the Awesome Oscillator. AO showing change to bullish volume, ICH moving averages crossed over signaling further bullish confirmation. Bought in at the breakout and letting it ride since I doubt we've seen the bottom of this...
BTC/USD looks like it's ready for another bull run. The Elliott Triangle wave has been completed and resistance at the top of the triangle broken. There is even additional validation in a 5 wave impulse fractal within the most recent up move. We'll need to monitor and look for further confirmation in a higher high close on the day, but all signs so far seem to...
With all this talk of hacked exchanges it's fair to assume more interest/capital will start flowing into the DEX space. BTS/BTC has been forming a textbook cup/handle pattern for the past few months and just broke the channel to forma new higher low signaling the start of a new market cycle. Watching this one closely but the risk/reward is looking mighty fine.