Expect bitcoin to come back to trend line before continuing it's rise up.
Longer stop loss is required while bitcoin is in volatile mode this will ensure your stops are not hit before the re-swing.
Expected down target ( $10k - $10300 Range) If holding here good chance it will rise again.
Lower Estimate ( $9500 - $9800 Range)
Expected Bounce Zone $10377
The price of crude has been under immense pressure since Trump announced fresh tariffs on Chinese imports leading to the U.S. oil benchmark suffering its biggest one-day fall in more than four years. Drop has caused Oil to reach 4hr TL at which there seems to be some resistance.. Upside potential labelled on chart, however should Oil continue to drop could see a...
Think euro has made the low of the year... as we can see we been breaking structure to the upside so I just think retrace back to the support I mentioned then looking to long around them levels then hold.... everything I say in the dollar is the opposite.... really think this is a good opportunity for a long term buy for at least till the end of the year.
as the same break down as before... thinking dollar has made the high of the year so we just want to be jumping back on the retraces around the 96.80 level then hopefully should have expansion towards the 92.50 level as the long term big target which I think we will get there...
Looking at this pair, I can determine that it will continue moving in it's tunnel respecting it's retracements but will wait for the next retracement before entering. So far it broke the 61.8% fibb level, so now we are looking for the 50%. The dollar index is near a support level, so expecting a bounce back after a small drop, will take the bull retracement for 50...
> - I appreciate at first this looks overly colourful and somewhat convoluted, but look twice, its completely unproblematic. There's literally 3 or 4 things I've added to this chart.
> - Simplicity is key:
5 Touches on the bearish Trend line
Daily Support Zone plotted
4Hr Support Line plotted (incase of consolidation towards trend line)
Evidence of a gradual...