EURJPY is presently up-trending on the daily and hourly charts. This apparent uptrend on the lower timeframes is actually a retracement on the higher timeframe weekly chart. EURJPY has been on a strong and solid weekly downtrend since June 2015. There are several points of confluence indicating that EURJPY is about to turn to the downside and resume the...
OKCOIN:LTCUSD1W Major demand and supply zones are highlighted in blue on the chart. Within the upper Major Supply Zone, LTC/USD is presently ranging between two internal minor supply/demand zones. The volumes and the momentum of the range is decreasing as the returns of scalping these two zones is being diminished with respect to broker fees. Long traders...