so long-term, we know that the dollar will gain strength to overcome other countries in the future, with Bitcoin following the dollar, it is a clear indication that the market has a huge potential to go up because bitcoin will keep rising. To those that understand technicals, know why this information (bullish outlook) makes sense. We will come back to this years...
everything is clearly indicated on the charts!
ripple broke the resistance channel, plus it's also on its monthly support zone. a very good zone to place buy positions or buy ripple in coins.
After completing its 5th wave, we can see a falling wedge created on our daily chart which shows a possible upside movement.
GBPJPY is looking to retrace up to its broken channel onto its 50% - 61.8% fibonacci level. When it gets to that level, we are seeking for reversal patterns showing us a short bias to the downside.
GOLD is heading downside because it broke its 4 hour channel, and now it is retracing/pulling back up towards the 50% fib level which is usually the safest area for an entry point.
GBP/USD is back on its daily support level, it has completed its 3 form correctional elliot wave motion of a, b, and c, ready to go up now. Also it is supported by the support trend line at the bottom showing a clear long position.
Euro Dollar will be going up because it broke the trend, which will make it retrace down first, create an inverse head and shoulders then shoot up