Three scenarios for a medium term forecast for bitcoin. I personally think blue is most likely, but regardless these levels will be future s/r.
There is currently a long opportunity on USDCHF. I would recommend keeping stop at recent swing low and moving it to make the trade risk free as soon as possible. More information on the indicator can be found here: Indicator
There is currently a short opportunity on AUDJPY, I would recommend keeping stop right above recent local high. More info on the indicator can be found here. Indicator Link
AUDJPY is retesting vwap after exiting overbought zone. This indicates that price is likely to continue down if vwap is not breached. For in detail explanation of indicator check it under scripts on my page.
GBPUSD just had failed retest of dynamic weekly range, for a in depth description of this indicator it is published under scripts on my account. Basically this indicates that price should fall to at least the centerline, and possibly further. In addition to this signal the price is also testing a 3 month vwap standard deviation band, which indicates this is a...
We are at a significant support, RSI has finally hit oversold, and other technicals are giving reversal signals. A long can be entered here at minimal risk, a reversal is likely.
There is a hidden bullish divergence on USD/JPY with the bullish candle and near SRSI crossover a long can be entered for minimal risk.
EURUSD is undergoing a reversal on the intraday scale, and is sitting right on top of a long term horizontal TL and volume point of control. A break below the bottom two lines would be very significant and would lead to the weekly, and possibly the monthly supports being tested. I am leaning towards the monthly resistance being tested before the weekly support....
Amat has a bullish divergence and is about to complete a TD buy setup
SPX is currently advancing parabolically. The third touch offers the highest upside, with a possibility of 100% increases. This is similar to the parabola that formed on bitcoin, and the parabola that preceded the great depression. pixiutrades.files.wordpress.com
This is not a chart to be traded off of, extrapolating trends from such early, low volume, price action has many issues. I consider these lines to be an interesting observation. More trustworthy technical analysis techniques are to be used for any tradeable analysis.
Daily at a glance - The daily chart looks like it is finding support on a horizontal TL and the bottom of the Ichimoku cloud. Rsi is neutral, all other oscillators bullish. This is the target for a bullish move from here, based off of horizontal and Ichimoku edge to edge. Possible reversal zones are red horizontals, these come from volume profile points...
There is a bullish divergence on the daily SRSI. If SRSI crosses on daily close, enter trade.
This is a trade on the daily timeframe, the signal to enter the trade will be the price breaking into the daily cloud, the target is a long term fib and horizontal trend line.