So gold just broke a major resisting trendline implusively and did a retest on it before pushing higher. The bulls will more likely still push the market higher to the marked price levels.
ahed of the interest rate decision by the feds, the technical analysis on usdjpy is showing potential sells on the market. This should be considered a high risk entry as we will only depend on the interest decision. PUT A TIGHT STOPLOSS!!!!
bitcoin might drop to around 45k after it broke the uptrending support
Might experience more selling pressure due to the break of the up trending trendline. The red horizontal ray is a daily support zone so that's why we are experiencing a lot of consolidation at that area. Once we get an impulsive break below we are more likely to push lower to the targeted price.
We might see a drop on the price since we have reached a significant resistance zone.
An impulsive break out of the trendline will cause the market to continuing selling for some time before any more buys. The nasdaq market has been indicating potential sells for quite some time now so lets wait for the first impulsive wave downwards. You can enter on the first wave by putting sell stop or wait for the break and retest.
a simple 1:4 trade on DXY dollar should continue its weakness in the next few hours.
might have a quick impluse to the upside then a reversal or retracement
Lets wait for this move...... a break above is a clear bullish bias...
just about to shot up..... pending orders may work here.
This is is just a potential trade setup on this on this coming week. Lets all wait for the markets to open as we wait to get perfect entry triggers. its a sell set up on a resistance level on the 4H