Bullish-divergence
Monero DivergencesMonero has signaled mid term trends in the 4h chart with clear divergences.
Now we are dealing with a new one, just confirmed in the RSI too.
So probable we are ready to a new pump to the next resistance 0.0193 or 22 usd.
Some videos about monero worth seeing:
Fluffypony talk at coinbase headquarters
www.youtube.com
Fluffypony speech at the North America Bitcoin Conference
www.youtube.com
USDCAD potential long opportunity. Hello Traders,
This pair has been following a bearish trend as of recent generally forming a series of lower lows and lower highs. However, we broke these highs completing a Gartley pattern as indicated in blue.
We now want to take advantage of a potential Cypher pattern if price can reach 1.2619 and complete this pattern with confluence of bullish divergence (Hidden) and previous support & resistance.
We will be looking to go long on this pair aiming for two targets:
TP1- 1.2834
TP2- 1.2972
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The story of USDCADOnce upon a time their were a bull and a bear in a forex bar. The bear and the bull got into a fight. at first the bull was wooping the bear ass but the bear came back with hay makers himself. The bull put up a pretty solid fight until the bear got news that if knock down the bull he get free drinks all night. so the bear knocked his butt down. little did the bear know. the bull is bouncing back from the support he heard from a far distance from other bulls.... to be continued.
USDJPY Is Due To A RetraceFX:USDJPY
This pair is in a definite downtrend but with such huge moves down corrections are inevitable. The price will bounce up closer to the moving average. We have multiple bullish divergences on multiple indicators confirming this analysis. The projected take profit level is a 61.8% fib level. There is still a chance that it will honour weekly bearish engulfing candle formation and continue to fall down thus the stop loss is placed just under the previously respected S/R level.