The price in British Pound / US Dollar is in range bound now.
I expect it to drop. If it passes 1.2695 then maybe we can open sell trades. :)
I'm still learning, so I am open for your constructive comments.
Please leave a feedback and let me know what you think.
Nothing much to say here, just Gold going for another drop in the channel.
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I usually analyze the market in this order.
2 weeks
Daily
2 hours
10 mins ( For entry only)
I find it more effective for like this for my trading style.
With what is happening in the world, I think the drop is almost on its way. Of course, this is just a hypothesis as no one knows what is really going to happen.
For more details please zoom in for SL and TP...
XMRUSDT has been on something of an uptick since the March collapse. Recent news of the IRS offering a half million dollar bounty to people who can crack XMR has no doubt been a source of recent bullish activity. I got to thinking, well what happens if someone cracks it? My answer is who knows! Short-term could lead to a brutal dump, long term could lead to it...
has broken with strong momentum previous structure of retangle pattern on Tuesday - now is has been at another structure level from higher timeframe
therefore, it may reject to the previous resistance or trend line above or we can break this support structure and expect a drop about huge amount of pips
Absolutely stunning price action. Break and retest of the trend line. First target is 161.8% level of fib extension. But for future there is huge potential for even bigger drop, as fundamental situation of GBP will continue.
Hello everyone! Today we are focusing on the daily chart using the MACD we can see that a larger drop is still yet to play out or to come in the very near future. This looks like its would take us down to 8,000 - 7,000 levels before creating a giant sling shot of divergence which will then catapult us into our next big break out continuing the new bull market....
Bitcoin dropped from 12K about 2k dollars and I warned in my last analysis. I think after correction the downtrend can continue and after that, we can expect a growth near the 12K channel.
