Is currently sitting on a very well tested and proven support so it will be difficult for the price to lose this level. Indicators are very promising in terms of a reversal back to the upside. My only concern is that it did fall out of the channel so I wouldn't be surprised if we see price fall a little bit more before returning back up. Either way will wait for a...
Sitting on fib and looks to be consolidating. Indicators all looking very healthy for a nice move to the upside. RSI showing very much oversold. For the last few days, the price has been trading inside the channel/ranging as well. Wait for confirmation that support is holding then enter a long position before selling at the top of the channel.
LTC looking good for a bounce to the upside. Both on its rising support level as well as Fib level where its already shown to be holding strong. I think it'll range for a week or so before moving up.
LTC looks poised to return to at least 235. Full reasoning coming soon.
SMA/EMA crossover is very accurate on the 4HR scale with few if any false signals/smaller waves. We are having a convergence with means the reversal is near. I predict that it will soon crossover, we will move to the bottom of the wedge before returning back up. However, big moves down like this tend to happen with both Stoch RSI and MACD are showing signals of...
AUDNZD Still falling. Short position.
AUD/NZD will be in for a good long position soon. It just completed a ABCD pattern so a retracement is necessary as we are currently seeing. I've set out its fib levels and we can see its currently trying to find support at level 0.382. It is looking weak though so I believe either it will go to fib 0.5 or the rising support line (in orange) underneath. To...
Needs to get past this fib level again to get back on track.