Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
This move looks exhausted, I want to begin to see the bulls take control of this pair. I think a dip into the order block is likely before upside continuation into the targets marked.
The market recently brokeout below the horizontal support of the descending triangle and is currently retracing. Possible sell re-entry at confirmed bounce off downtrend resistance + flip support + fib retracement levels ↘️
This morning we are taking a look at a different pair. We have huge upside potential, providing we can respect support down at 1.55950, and break resistance at 1.56150 and then form a support around that area, we have good confirmations to execute longs with two big ranges to attack. Our first target would be resistance at 1.56750 before targeting 1.57350. As...
Made a bit of a mistake here, please see adjusted idea
From 1.6 top eurcad dropped almost 600 pips but the drop is not impulsive and has a very clear corrective move format. Also if we draw a Fibonacci from 1.51 support we can clearly see that this old resistance zone, now support, is confluent with 61% retracement and we can very well be in a "measured move" pattern. That being said I will look for buy opportunities...
We can see price fell from a key level of resistance, its now retracing We will wait for a break of structure before shorting this pair.. im expecting price to bounce off of one of the fibo levels then break structure Once thats done we can look to short
Waiting for price to break the highlighted area and a pullback before entry
We can see a trendline break and a retest of the area, once price breaks this line again I anticipate a big drop
Daily support is highlighted, once the zone is broken we will sell to the target area
EURCAD - Bit of a triple top before rejecting the resistance with a big bearish candle. Should see a further push to the downside, and then potentially break the trendline.
EURCAD has been ranging for a while, it is now at the top of the range on the 1H chart and there is an area of support just below it, I am waiting for price to break and then selling to the next level of support I expect price to pull back before the trend continues, if the trend continues we can hold the position or enter another sell
This pair is incredibly volatile but I can see a change in trend occurring I believe once support is broken it will head for its next level of support which is highlighted below