All analysis is on the chart. This is merely a forecast and nothing more. My prediction in my own opinion of what may happen in the coming week(s).
Looking for simple break and retest and upward momentum.
Pretty similar to eurjpy. Looking for a retest, bearish PA, potential M pattern could give us 2 entries. Entry 1 aggressive. Entry 2 Safer entry.
Analysis on chart. Very brief for easier understanding.
This is just a basic view and understanding of how Dxy and Gold correlate (behave). General rule of thumb (majority of the time) is, if Dxy is up Gold is down and vice versa. Arrows are not indicating any price and purely for directional bias in an anti correlated way.
All yen pairs could be ready to reverse. Look to lower TF's for bearish confirmation, (me personally preferably 1h or 30m). We need a break of trendline and a break of support, retest and bearish confirmation. Ones to watch guys.
Huge Potential shown on the weekly. This is not going to happen overnight. Patience pays, (marathon not a race). No guarantees i only ever post what I see in my opinion. If people wish to drop their thoughts feel free that's great. As always trade safe guys.
If bullish momentum continues and breaks the MRH (most recent high). This could potentially be amazing. Weekly chart to come also to show the bigger picture if bulls stay persistent.
Symmetrical triangle pattern forming on the 4H. Breakout of this could also give us an earlier indication of what BTC's next move will be. Bullish breakout of the triangle and through resistance could then see the trendline respected as support. A bearish break I believe will see the daily analysis play out and push to the purple zone. My bias, I believe we...
I hold a small percentage of bitcoin. I think if we remain above 40k we're still bullish. If not the descent could continue. I've only posted this as i'm keen to know what everyone's bias is on BTC. If you agree or not let me know your thoughts guys.
Daily head and shoulders. Right shoulder forming. Wait for break of trendline. Wait for restest of resistance / trendline.
Looking for a break of minor trendline. Retest of resistance/ trendline.
Looking to break above the last LH and retest for a push to the upside. If this isn't broken then my bias is still down.
As detailed on chart. Wait for a pullback / retest of the golden fib area. Price action to confirm for bullish momentum.
Price approaching trendline resistance and potentially forming right shoulder. Looking for downward momentum from here.
Price broken out of descending channel. Looking for a pullback to support or upper trendline. Upper trendline resistance aligns with 50 - 61.8 area. Long pending bullish price action.
Looking for trend continuation. Currently in between 50.0 - 61.8 fib level. 3rd tap of trendline which almost aligns with 50 - 61.8 fib area and also a resistance. Candle closed bearish indication sellers are present.