Here we have a contraction leading to a key level and supported by a reversal candlestick pattern... this looks solid even with the weak fundamanetal data on CAD... CADJPY looks like a bullish one (for now)
As we forecast Yükseliş trend for this day, so Forecast City suggests buy (limit) above S1=1.3105.
But the short term forecast is range bound, so we expect to reach the following targets:
Set the stoploss of these orders at breakout of S2=1.3095.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout...
Using the harmonic pattern I can see a bearish move. This may take some time but I see this going short through the TP areas I have entered in blue. Lets wait and see.. (news pending may have some impact).
. STELLAR/BITCOIN is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
. There is a possibility of temporary retracement to suggested support zone (0.0000064 to 0.000005). if so, traders can set orders based on Price...