Haven traded bearish for majority of the week forming weekly high at 1.08951 and weekly low at 1.07240, we could see price drive further down next week, thereby clearing this week’s low at 1.07240 and eventually making its move into the support line at 1.06529 and 1.06000 (a price area in the fair value gap below the 1.06529 support line)which could serve as a...
With Bitcoin continuously being bullish for the whole year and and trended to a new year high of 38400, even though we might expect a pullback particularly after weekly structural high taken out and trended into a monthly fair value gap.
Price range 34000-30000 could pose to be a a strong range area for bulls to get into the market again and look to ride the wave...
USDCAD could further move downwards (bearish) with the overall sentiment still being BEARISH especially with the dollar index (USDx) still being BEARISH.
We could see price move down into the ORDER BLOCK (fair value gap on the daily timeframe) or potentially the BULLISH TRENDLINE that ranges from price level 1.31420 down to price level 1.30560 with price level...
Bitcoin seem to be bearish even though it has traded bullish for most of the week, we could see it bouncing off nicely from a 60 minutes(1 hour) timeframe orderblock. With enough liquidity taken from previous structural highs on the daily timeframe and the latest liquidity taken being last month's high and price failing to make high(s) above yesterdays high...
USDCAD is still bearish at least for me.
The USDCAD after failing to push further down yesterday (monday) although ranging for most part of it i could further see price bouncing off the fair value gaps that were created from last week's thursday during the new york session with the first gap ranging from 1.33220 down to 1.32770 and the second gap ranging from...
USDCAD after failing to trend upwards and ranging for the first 2 trading days of the week, has finally made the push downwards fulfilling my price speculation and weekly bias. Check out my previous publication for an image and explanation of what i expected going into the week, and now where could price possibly be headed going into the remaining 2 trading days...
