Yesterday's defense of 3495.50 on BTC leaves us able to maintain near term Bullishness. A healthy correction is ideal, and welcome. 3530 is a level I'll be watching. Even a quick dip below to 3480 would be a nice opportunity to load back up on longs. A daily close below 3495.50, and we likely revisit 3.3 or lower.
You know those movies where they throw a ball blindfolded backwards into a basket 40 meters away... Well, observe in awe as this unfolds, if it does. I'm not guessing.
Hi All, here we have a Bearish Cypher - how ever I do not think we will see this get here, I think we will break past the C Leg which will invalidate this pattern. We may test the C Leg and bounce back before continuing to the downside. I have 3 or 4 key levels that I will be watching price action along with RSI and some other filters. We have 141 and 127 FIB...
It's been a very slow week for me, but luckily Jason is picking up the slack. Going into Friday's Job Report I have no intention of entering any new positions aside from this potential bullish bat pattern on the Kiwi. NZDUSD is in a very interesting position as our HTF trend has bounced off previous structure resistance, yet our LTF trend has recently created a...
Slightly bullish due to the support zone - until it is broken.... much longer term if we continue i would expect a new volatility zone to emerge at above144 and go on to test 152... if we breakdown then i would expect a retest of 136,132 ... possibly even 128 and then 123....? -that's all possible without looking at news - all i am doing is picking price and...