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Making lower highs on the bigger time frames. 3 strong resistances to breakthorugh to reach stop loss, good reward/ratio. Forming a doji on the daily resistance on the 4hr. DXY is also on tough support, seeing a rebound in the dollar will force the (EURUSD) down towards target 1.
ONT looks like it has created a head and shoulders pattern if it breaks the neckline then it could fall to where my red line goes.
USDJPY Short, heavy downtrend, retracement back to 4 hour supply, hourly doji inside the zone followed by bearish engulfing
USD V Bitcoin Old Money v New: FIAT v LAMBO Speed of Change
This is a fractal of a crypto move that we see almost every
day in cryto-land. They see it in olde worlde FIAT time every
few...years ! Seriously. But it's exactly the same kind of thing
we see every day in the growing universe of 12 or so top coins
that many of us trade daily.
This is a good ...
Along with upcoming events the head and shoulders shows a high potential for a secure long sell position against the Yen.
I would sell upon the confirmation of the right shoulder. I will post a clear signal once the shoulder fully forms and continue on the reverse of the trend.
Technical level on CAD/JPY With some nice price action signals being formed on the hourly between 88.000 & 88.250
Also these price levels are significant as they've been re-tested before as a support, now presently being re-tested as a resistance
THIS IS NOT TRADING ADVICE
THIS IS NOT INVESTMENT ADVICE
DO YOUR OWN DUE DILIGENCE FOR EVERY TRADE AND INVESTMENT YOU MAKE
I am a holder of bchusd and btgusd I have jettisoned all my btc...
I chuckle when I see the 'camps' of bch (minority) versus btc (majority) versus btg (tumbleweed) holders
Also at day and swing traders and various parties with skin in the game ...
The past Monday Fiber is break out neck line and was pull back with enormous force. This show uncontrollable Market Control of bullish at the Supply zone
It is the beautiful Evening Star
H&S Pattern on Eur/Usd and its also broken the trend line. Hoping to see 1.11 again
Price has not managed to break through resistance at $53.45 creating a head and shoulders pattern, now we should be looking to hit target of $52.20
It may well be tenuous, but is it an opportunity for a short?
left shoulder, neckline and head have all formed, waiting for right shoulder which could trigger a possible reversal move.