In a Weekly chart of the EURUSD we can see a bearish trend where the price accumulation is in the 1.09000 zone. All this accumulated with the Brexit we can see a strong fall for the Euro and the Pound for several weeks.
Trade by your own discrection.
S&P 500 Index Update Minimum Upside Target 2794
The next long signal here was the break above the key
2675-2673 line which ideally needed to be followed
by a successful retest from above after the break
occurred. We got that yesterday/overnight. Today's
strength in AlphaBet as much as anything has
helped the S&P gap up on the open and since then
it's never...
NEO NEOUSD Pattern du Jour
Neo is yet another chart making the same familiar pattern at
the moment. Although it's already up 20 points since the
break-out there's still 40 points or so to go to the upside
target here at 181. Look to buy dips back towards 127 with
stops under 124. Can add once the flag is broken to upside.
MONERO XMRUSD
Another reverse head and shoulders pattern with
a minimum upside target at 395 - really the break-out came
24 hours ago but this dip is worth staying close to today,
looking to get long as low as possible as this cureent little
consolidation phase takes place - right now this coin looks like
one of the hottest around and this recent break out...
BTGUSD
Yet another, smaller reverse head and shoulders pattern with
a minimum upside target at 189. Look to buy dips back to the
dynamic support line running under price with stops below the
same line and run to 188.
ETHEREUM: ETHUSD Reverse Head and Shoulders with 1250 minimum upside target
ETHEREUM ETHUSD
The ETH chart shows a reverse head and shoulders formation
with a minimum upside target at 1250 exactly - which also
ties in with fixed resistance at 1251 line. It's tracking a well
defined dynamic and remains positive whilst it does so.
Tests of this line can be...
NZD/USD: This pair should offer a nice each way trade this week coming...looking for a minimum 100 pip bounce for
NZD which may extend to 180 pips at limit late Monday/early Tuesday before shorting NZD again as per the comment.
(See also DXY comment for further confirmation and help on timing entry/exit points across most USD pairs. )
We are looking at BTC and we see some interesting levels. The most important thing is that you always look for minimum target, if goes higher even better.. As we know we are in 5th wave, so we have to be very careful arround those levels. Minimum first potential target we see at 161,8% Fibo. extension of wave 4 and 6200 psychological level, so this is important...
