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Swissy making another run to the downsideAs we discussed on Monday's FX market scan USDCHF looks like it's finished its correction and is making another run to the downside on the daily. See you on the next call in Market Mentor on Monday at 5 pm AEST Cheers Dale DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situatio
Short
by OrganicFX
1
GOLD correction still in pogressAfter finding buying activity in the demand zone that we identified last time, Gold rallied nicely. Now it looks like it's been rejected and looks weak. What's next? Check out the video for my thoughts. "DISCLAIMER: Just ideas, no crystal ball, NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
FX_IDC:XAUUSD
by OrganicFX
3
Back in the previous ZONEBTC has shifted down to the previous consolidation zone. showing many signs of a reversal but also many signs that price might hang around at this level for sometime. Everyone seems to be waiting for a decent pullback. finally BTC looks like it may correct creating LH's on the 4hrly. a correction down to the mid 16k will be a healthy correction it has previously been a demand zone. I wouldn't expect price to stay there for long. keep on eye on MACD crossing. BTCUSD 4hrly
COINBASE:BTCUSD
by CryptoTennille
1
ETH looking bullish! ETH had a double bottom which played out perfectly driving price to a key level of resistance. Price was rejected but still maintaining the solid uptrend. A bounce off the 38. on fibs should give another nice impulse back up to that key level. a close above will take us to previous structure at around $538 Wicks to the down side tell me that buyers are in control keeping the price up. If we fail to bounce off the 38 nicely I would expect us to consolidate down at the 61.8 ETH/USD 4hr
BITSTAMP:ETHUSD
by CryptoTennille
BTC In A New Consolation ZoneBTC is in a new area of consolidation testing $13,300 twice over the last 5 days. At this stage I am still bullish for a few reasons: Dominance is still going strong at 61.1 % (Thank you paypal) We are in a zone where we haven't seen solid closes over the $12,900 mark since 2017, BTC is now creating new market structure. The wicks to the downside indicate that buyers are in control, not allowing price to break that support level. Over the next week we could see an impulse move up. if we break the resistance at $13,300 I would expect a rally to the $13,800 region In bearish news my demand level is under the $12,000 always be prepared for a violent move down after big impulse moves to the upside. Set your stops and take your profits BTC/USD 4hly
COINBASE:BTCUSD
by CryptoTennille
1