- EUR CHF downtrend to continue.
- Hit reliable resistance as well as fib 0.236 line.
- Stoch indicates overbought
- wait for confirmation.
- 100 pip target, using pivots as TP and SL levels as indicated on the chart analysis.
USD/GBP is on an overall downtrend and will continue this momentum after this pullback. The idea is to make a short order at the major resistance and take a clean 100 pips with pivot points as TP levels. If the price indeed drops as expected we can continue making sell orders at each support-turned resistance levels until we hit major support at the bottom.
Price action analysis of Doge -
Doge could possibly be testing a strong support indicated on the chart soon, and continue on its bullish run.
This support could provide a very strong potential buy area and I've indicated at which prices could be areas to take profit or to sell to mitigate loss.
Elon's musk appearance on SNL this weekend could drive demand for doge coin.
Here we can see doge coin break a forming trend line and sinking back to 53c.
I predict doge will test a demand level explained on the chart, and continue its bullish run to test its new high.
Elon's feature on SNL, might drive demand to doge.
