mozalin.cranz

mozalin.cranz

See chart.

mozalin.cranz

I believe that we are due for a serious correction in the downtrend in GBPUSD. I am going long with profit target of 1.62.

mozalin.cranz

This gives a confirmation for the long entry.

mozalin.cranz

See the chart.

mozalin.cranz

See the chart.

mozalin.cranz

I believe that the correction is over and we are back to uptrend.

mozalin.cranz

I have seen that RSI has been opposite direction from the previous triangle in December. I believe that current triangle will break upside.

mozalin.cranz

GBP USD has tested 1.964 level five times with diverging RSI.

mozalin.cranz

See the chart.

mozalin.cranz

I believe that my previous analysis was wrong. The price has broken through the 15 minute chart triangle. I have closed my long position and entered a short one.

mozalin.cranz

I believe that we have not completed corrective reversal to 0.382 from 0.618 retracement. We will see $255 price before going back down again. We had the same retracement when price went from $278 to $480 and then to $340.

mozalin.cranz

Pattern on the chart.

mozalin.cranz

British pound has started its rally against dollar and other currencies.

mozalin.cranz

I believe that we have completed the retracement from $165 and the price will resume downtrend again. The price has hit the previous resistance at $251 with .618 fibonacci confluence and also touched longed term downtrend all the way from $380. We will be seeing sub $100 price for bitcoin by the end of February 2015 and then reverse.

mozalin.cranz

Despite bearish sentiment, I believe that we will see 255 before going down back again.

mozalin.cranz

Bearish until 192.

mozalin.cranz

This pattern happened about month and half ago. I believe that bitcoin will go down slowly from here. I do not see price of bitcoin breaking out anytime soon.

mozalin.cranz

Here, we are sitting at historic support level from April 2013 high. I believe that BTCUSD will retrace to 302 before going down again to $190 bottom. Moreover, we have 0.619 fib confluence at 306.