As was suggested in my weekly chart that was posted on 5th February 2018, the prevailing down move halted around the 5950 area and price has since been correcting upwards. Anticipating the current correction to stall around the 10400 area before a further drop ensues. Trade cautiously!
Side Note:
Current volatility in the S&P500, DAX and similar Indices is a...
Anticipated future moves of BTCUSD based on time and price analysis from very limited data that's available.
BUY the dips and SELL the rallies, around the anticipated dates. The chart is based on weekly data.
Disclaimer: I DO NOT trade BTCUSD.
Yesterday's Short @ 52.10 produced > 60 ticks of profit.
These are today's levels:-
Long @ 50.60; Stop: 20 ticks, Target: 60 ticks
Short @ 51.90; Stop: 20 ticks, Target: 60 ticks
The "exhaustion" levels given are for the November futures contract which is what CL1! is currently based on. However, CLZ2016 is trading at much higher volume, so please adjust your levels accordingly if you choose to trade the December contract.
Short @ 51.15 (Nov'16); Stop: 20 ticks. Target: 60 ticks.
Long @ 49.50 (Nov'16); Stop: 20 ticks. Target: 60...
Anticipated exhaustion levels for today are:-
Short @ 10632.0; Stop: 200 points, Target: 600 points or >
Long @ 10480.0; Stop: 200 points, Target: 600 points or >
Use your own entry strategy for Longs with target set for 10632.0 and for shorts down into 10480.0
NZDCAD - Anticipating a further DROP after temporary re-tracement to daily trend. As this is expected to be a long-term trade, Stop & Target will be adjusted after trade is triggered.
Short Limit: 0.95230
Stop: 0.97293
Target: 0.86713
