Wait for a break out before buying. If it breaks down, then we will look for a decline to the 61.8 fibs level along with a double bottom to buy. If price breaks up, we will buy it up to the 1.414 fibs extension level and monitor if it will continue climbing. Trade with care.
Sell EURJPY Technical Reasons: 1- strong resistance at 200 MA on the weekly time frame 2- failed to break the range that contains pair's highs 3- rejecting from 61.8% on the 4h time frame Fundamental Reasons: 1- ECB government council may show their concerns towards EUR recent appreciation 2- risk aversion is supporting JPY 3- if the ECB disappoint...
$51.21 $46.65 $46.01-.21 $44.71 $41.50 $37.30 I don't anticipate too much more downside for Litecoin (LTCUSD) before we head back up, but if we do head lower, we'll go all the way down to $41.50. Below that $37.30. If per chance, we somehow find ourselves down in these areas, we will find further support from our 50 MA, the Lower Bollinger, and the bottom of our...