USDCAD has broken his bull channel.
Prices should go down to test support at 1.2810. A rebound to test the lows of the channel is still possible around 1.2960 but would not invalidate the bearish move.
If 1.2810 breaks next target will be at 1.2680 region
Invalidation only of bearish move only if prices goes above 1.3005 on a daily close
After the first day of trade we can see the price of DropBox in a little bear channel. They have stopped right on the MA20.
Would be good to break USD 29.00 on Monday otherwise we could see more downside.
The weekly range is broken
Next target for Facebook is 143.50 level.
And be careful, it may go lower, will see when we will be on target. Don't fight the trend and thank "Technical analysis"
I am neutral on bitcoin.
Price have problem to pass the resistance at 8555. A break of this level will trigger a new target at 9238 and 9840.
If it fail then prices has good chance to re-test the lows in the 7423-7145 zone
Prices have broken the bear channel where they were since the 5th of march.
This is the a little positive sign for a potential trend reversal.
Nothing is done yet. The previous support in the 0.7031 area became a resistance and have to break to put more strength on this move.
A re-test of the lows in the 0.5485 is also possible.
I am neutral for now. Prices are...
Facebook is in a weekly range in-between 195.45 and 167.65.
Only a clear break of this range on the weekly candle will signal the next big move.
The 50 moving average may also resist
For now I'm neutral for (medium term)
I am neutral at the time I write but if we close the week below the second support it will be a triangle break and I will turn bearish with the target on my chart.
Prices have broken down two ranges and are still in a bear channel. Don't fight the trend. I still believe we will touch my targets around 7147 then we will see how it react. On a weekly basis we are on about to break a major channel so. Be really careful
I like beautiful channel like this one.... Sometimes it seems too easy... but market are vicious... lets stay prudent but also confident when everything works.
Bearish unless it breaks the channel...
Down or Up ? better wait a little more to have a clear signal...
I favour the continuation of the bear trend... but before of the range is broken, anything can happened...
Stil in the big multi years range.
We are back on top where it has already failed to pass 5 times. What next.
I would like it breaks since I bought at 0.69 but it will probable be difficult, take time or fail one more time.
A weakly break above 0.750 would be very bullish
Without this i t may stay in the big range for quit some time so lets see now.... I sell...
