Price broke bullish from falling wedge/channel and made higher high. We have nice confluence of local support zone with pullback to 0.382 fib retracement level. Of course this idea is strongly dependent on btcusd move. Its advisable to analyse LTCBTC pair to decide which currency has, at the moment, more potential against usd.
Price is back in main trend and we have nice bullish flag pattern on H1 TF which broke to the upside. Stay safe and apply your risk management.
Pay close attention on S&P500 as BTC recently moves in correlation! We are now in clear H4 downtrend which makes me think that price will make new LL. Anything above 5900$ is higher low on daily time frame (at least for me) so bulls have enough space to maintain recent daily trend. If price can break below Monday low i'll add to short position anticipating weekly...
Price broke below trendline and yesterday and Tuesday lows. If we can get close like this i will add to my short position. We also have nice confluence of golden fib levels and price history, which i will use as targets. Idea is invalidated above yesterday high at 0.9743. Stay safe and don't predict, react!
This pair moves in 100p range and in small H1 descending channel. Watching carefully for break and momentum. Stay safe and don't predict, react!
Waiting for bullish break of recent consolidation. H1 close above yesterday high will trigger my long entry. Closely watch other JPY pairs for confirmation. Nice flag pattern and small cup and handle one. Stay safe and don't predict,react!
We are in a weekly downtrend and price is again at 0,618 fib retracement. If we make a new push higher and close above 0.8680 my next level to watch for short will be 0.8760 and 0.8850. Also closely watching H1 rising channel . Don't forget if Oil breaks bullish CAD will get some strength.
Oil price is stuck in tight range, anticipating results of OPEC meetings. According to technical analyses my bias is bullish as long as 25$ holds. In case of bearish break yearly lows could be tested. So far we are in a 4H uptrend and 1H tight range with lower highs and higher lows. Watching carefully for break and momentum. Play safe and don't predict, react!
After strong daily uptrend we saw aggressive pullback to fib 0.5 retracement. Since then price have moved in descending triangle with H4 lower highs and now finally made lower low lower close candle. Today we also have bearish weekly and daily break. I will look for short entry at 0,382 fib retracement around 1.83 level. Be careful as we are in daily...