CADJPY slowly approaching to retest the descending daily trendline, which ultimately can experience a rejection from it. Looking to open shorts near the 0.618 fib retracement and previous level of S&R.
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Wicking off the .5 currently. Let’s see if it holds.
APPROACHING .50 RETRACE. I HAVE A TARGET OF 26.35 ISH TO SUPPORT LINE ? LET'S SEE WHAT HAPPENS. BOUT TO BE OVERSOLD ON DAILY AS WELL.
This little run up is extremely important for bitcoin We will turn around again, most likely before retesting 10k, it is at this point where bids must support 9300 to continue higher. If we fall and settle (not just crash below and quickly return above) then we will most likely continue lower to check out the 8k-8.5k region. be safe, have fun, buy lots, use protection
looking or the next impulsive wave down, as we have a 3 touch ascending channel right at the 3rd touch of larger flag.
it looks like the DXY is going to be testing the 97.4 region again before we see anymore downside
I feel as though we have lost confidence in the 230's, which is a shame as it would have been super bullish to hold that valuation. alas, we must move forward despite the direction. Let's say we fall for a bit, what shall occur. Well as you can see, we have a strong lattice of long term post covid support meeting with previous descending resistance lines, each...
Down time to come, confirmation on any candle >= 1D Had we not fallen victim to coronadona, I'd imagine we wouldnt have fallen nearly as low. Take note of the rounding volume levels also. Might not be a lightspeed rally, however I feel as though this time around, asks know they can go higher, and so do the bids. Cheers
NZDCAD showing signs of a quick bearish retracement, pips can be caught in the short term
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nuke it and recover like a chad.
Algo has seen great gains over the last two weeks but it is now trading at the top of it's zone. Indicators suggest it's due for a retrace possibly creating a good entry point. Alternately a break to the good from Zone may grab buyers attention. Keep an eye on it for a dip to a favorable entry position. As always, Not financial advice, just my own TA. Bingaz.
Hello everybody, first of let me just thank you for the massive support I didn't expect from my first post. This community has surely done it again and I already feel so welcomed from all the positivity here. I will continue keeping my ideas simple and charts so clean so that even the novice would easily comprehend. So please keep support my ideas by LIKING as it...