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.
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 ...