mikelaurent

mikelaurent

We still have descending trendline, if we break this trendline we'll looking for buy to target 1 (10000) The arrows show BTCUSD possible move

mikelaurent

Possible inverted head and shoulder risk only 20 pips

mikelaurent

I see the overall up movement as a corrective structure Price hit resistance zone and 61.8% fib expect one more down to the trendline

mikelaurent

Trendline structure and 78% fib Trying to sell at high with low risk

mikelaurent

Price still in corrective structure, wait for breakout and litle pullback before going short

mikelaurent

Price has broken the ascending TL and now making a corrective structure looking for short/sell opportunity on this pair

mikelaurent

we are in downtrend according to 1H chart let's wait till it reach descending trendline and 61.8% fib retracement then we will looking for short opportunity

mikelaurent

So far, I see 61.8% Fib act as support. I expect 1 more downmove to 78.6% before bullish reversal

mikelaurent

Here's the reason why I look for a sell : 1. Daily downtrend 2. Price is moving in corrective structure 3. 50% fib retracement as resistance 3. Expecting continuation to downside around -27% fib area

mikelaurent

We see potential Head and Shoulder. A Clean break below $12900 will give more confirmation for more downside. Downside target is $9000 (based on -27% Fib)

mikelaurent Updated 

Wait till it breaks the trendline and retest before going short

mikelaurent Updated 

USDJPY break 1H ascending trend line, make a corrective structure and break it. MA cross on 1H and we expect downmove continuation to 112.600 area first then 112.00

mikelaurent

We see strong support at 50% Fib Retracement Upside target is $450 (based on -27% FIb Extension) Good Luck

mikelaurent

Strong support at 50% Fib retracement based on fib extension, the traget to the upisde is $450 Lets go!

mikelaurent

4HR trend is downtrend, Wait for price to re-test the top once we see bearish price action, we're looking for sell signal

mikelaurent

Ripple is good choice for investment, could go above $1 in a few weeks

mikelaurent

Price tap a weekly neckline, need a clear breakout of 4HR ascending trendline for more confirmation

mikelaurent Updated 

Price making Lower High and Lower Low on Daily time frame Break of ascending trendline on 4H chart