Bitcoin was recently in a descending right triangle and broke the 5025.0 level. Right now, it is still bearish. Will Bitcoin break or bounce from the 2984.7 support? Let's see when price gets there.
GBPJPY is moving with the strong GBP in recent days and if we can break 149.366 then we see it testing 150.30
EURCHF looks set to go upside if it breaks 1.14541 and targets can be set near 1.1570
FX:EURUSD The EUR/USD exchange rate moves in a lateral trend. In Chart D, we can see the right formation of the head and shoulders formation. The price is close to support in the side trend. Chart H4 has a bullish engulfing formation. This week should show us whether the price will be facing the resistance and neck line head and shoulder formation.
FX:USDJPY For a long time, we have been tagging JPY's weakness. After raising the interest rate increase, the USD increased and thus raised the USD/JPY price level. Technically, you can see symetrical triangles. You need to look for confirmation in the candelstick formation.
It seems that NZDJPY is trying to resume the medium term uptrend and above 75.545 it looks set to test 75.85
0x/Bitcoin (ZRXBTC) 4-Hour Bars, Normal Scaling, 06/24/18, Written 12:35 a.m. EST, by Mike Mansfield Hi trader friends, we have 0x Protocol under an Andrews 0.618 support line & the Fibonacci 0.618 retracement, with only 3 of 5 waves completed on the downside, so there should be a bit more to come. After the expected low, larger bounce is due, preferably from a...
Okay. What do we have here? Cup and Handle with corresponding volume spikes- Check! Ascending Triangle which is actually the handle- Check! Bullish Divergence in action- Check! And it just broke out of the Bullish Chuashov Fork Breakout- Check! Target 1- 1200ish sats (Ascending Triangle) Target 2- 1600 ish sats (Cup and Handle Formation)
ShoulderHeadShoulder on the daily. With that Bull Divergence in play, it can break out anytime. Target in the box . ;)