GBPJPY is exoected to fall on RPYB setup of DanKal Waves. In simple words its Overbought not only on Medium time frames but lower time frames also.
Dankal waves is private system for market projections. BTC is showing interest upside toward 32k area. I will keep updating...
EURCAD being overbought in last month, has retested the high. This is an indication for a major correction or reversal. The technique used is, Advance Dankal Waves.
UJ being in overbought territory since last 1 month it needs a relaxing correction at least towards 1.34xx area. The technique used is called Dankal Waves.
Some more space upside before a major correction. The technique used is Dankal Waves. Later it can again continue bullish after a major correction.
BTC has reversed from bottom after making 4 waves. Now the bullish term to continue to 25k and 35k overall.
Long on EURAUD, Target is 1.46000 area. As per Dankal Waves theory it is marking R1 of YDR setup. The R1 is known for recovery.
Techinically need a correction to 13000 area anyhow.
If the current area does not hold then it can be a crash to 12300, 11400 and finally to last low.
There cannot be a one sided game forever. Those who earned a lot may loose all . The present symptoms of Bitcoin telling a story of bull trap. I use the term bull trap because you can understand easily. "Dankal Waves " are way more easy than this. I will keep updating..
Eurusd has marked an overbought area and now ready for bulls
As per Higher Time Frame BTC is bearish overall. Here are some important points on Lower Time Frame.
Dankal waves are not based on price movement only. Dankal Waves include 4 things: 1. Price 2. Dynamics 3. Fractals 4. Wave count I have not shown everything here in the chart.. Only a few major things have been shown. This is not a financial advice.