BTCUSDBTC has been shooting up and making new highs! Could retrace a little but 7000/btc is our next monthly target!
Everythingfx
GBPJPY BullsCould see a great swing entry from GBPJPY. We have a strong weekly resistance currently be respected now as support as GBPJPY jumped 100 pips overnight Sunday to Monday
AUDNZDH&S, MAS crossed over, Higher high and low, will the daily resistance become the support? (38.20% fib is weekly support)
USDCADWeekly/ Daily 38.20% fib is holding, MAS crossed over, closing in but aren't touching.
Daily/4hr SL a little above at 61.80% which is also weekly resistance 1.2500.
4hr 38.20% fib strong resistance based upon multiple closures below it.
TP -27.00% if not monthly support 1.1838.
USDCADWeekly/ Daily 38.20% fib is holding, MAS crossed over, closing in but aren't touching.
Daily/4hr SL a little above at 61.80% which is also weekly resistance 1.2500.
4hr 38.20% fib strong resistance based upon multiple closures below it.
TP -27.00% if not monthly support 1.1838.
GBPJPYAscending triangle on weekly, triangle broke the flat area of resistance (monthly resistance 147.47) Weekly projected target is 170.00.
4h- fib ret to 38.20%? / MAS are open, secondary target weekly resistance 158.419.
USDJPYMAS crossed on daily/4hr. TL resistance broken, new potential support, 110.950- 110.650 barrier broken! Current target weekly resistance 112.000
AUDUSDDaily Renko - Hammer followed by Marubozu, MA's are open. TL/ weekly resistance re-tested. Target 1 is Monthly resistance 0.8100 and, second target is weekly resistance 0.8210!
BITCOIN TREND REVERSAL/INV PENNANT OVERPERFORMEDAs I'm sure everyone's aware bitcoin has of lately shit itself, some could have called it before the fundamental onslaught it took earlier in the week through technical analysis like i did from $4680 in #Metalpays Telegram group whilst others are biting their nails struggling to get to sleep haha. Regardless off the INV Pennant geometry within the price action we have clearly broke the bullish trend structure with the Higher Low been taking out no long holding Support. Be cautious of the rally making a Lower High and don't mistake it for a continuation of the previous trend, too many people are going to do this and get caught buying BTC.
USDCADUSDCAD has been falling from the moon. The pair found slight support but the bears totally smashed through it. USDCAD is currently trapped in consolidation zone. Once it breaks below it we could be expecting 1.9500 zone.
GBPUSDGBPUSD could slightly retrace and continue the bullish trend. MAS are open, constant HHs, HLs, monthly support 1.3199 is hods strong.
SHORT USDJPY TO 108.5$$ THEN WAIT FOR THE RALLY CHART PATTERN SHOWS A DOUBLE BOTTOM PATTERN
THE BREAKOUT LEADS TO THE PREVIOUS CONSOLIDATION RANGE
FIBONNACI SHOWCASES THE 61.8 RETRACEMENT
COMPLIMENTS THE SR ZONES
DEFENITE CONTINUATION OF SELL
FUTURE LONG OPPRUITUNITIES
USDJPY Bearish structure is holding, had the pullback and now its time for UJ to continue its down trend.
AUDUSDAUDUSD bullish structure holding, Monthly support retest is done, Auzzie should follow the trend now!
USDCADUSDCAD heading for weekly support 1.2500 zone. MAS are open, bearish over all. Hang man structure holding :)
