Cable looks like it's in seller's territory. This month it has been filling up the wick area from last month which could signify a change in momentum if it closes above it. Right now, however, I am looking for sells.
Since people aren't talking about it anymore... I wish there was a "common sense" category in Tradingview that I can put this video under
Looking at UJ now. It's almost to the most recent LH.
UJ has now broken out from it's consolidation phase. I am now waiting for a pullback and it looks like the bulls are pushing the price up based on our H4 and Daily candles. The green area is my CS.
This is a zoomed in screenshot of USDJPY at H1, but my analysis always starts from the monthly. On the monthly timeframe, we have seen bearish momentum the past 3 months, but this March we saw everything crawl as the market printed a bullish doji. As we zoomed in to weekly, we saw a descending channel that confirms that past momentum of the last 3 months, but...
Watching UJ on this technical level. Has been forming exhaustion candles on a swing low with a few other confluences. Waiting for confirmation.
Quite possibly the most obvious sell setup I have seen in a while Keep watch though because I'm seeing bullish momentum during the later phases of last week's ending session
I have been previously bearish on bitcoin but now the market has a different tone. We are now looking for progress on it's movement in the coming days as it has hit a resistance + 32.8% Fibonacci retracement + -61.8% projection. This is from a purely technical standpoint so any players who are willing to take the risk should always follow strict risk management rules.
Watch the video for details! BITFINEX:BTCUSD
Triangle seems to be tightening which smaller impulses. Will be observing this week.