Sorry guys, the last chart weekly was a bit busy on the eyes. Try this one. Analysis below. ****************************************************************************************** I wanted to take apart the bitcoin selloff due to the M-TOP that formed on the weekly chart in 2024. M-TOPS will always form as price-action increases and profits are locked in...
GBPJPY Intraday - We look to Buy at 161.31 (stop at 160.96) Trading has been mixed and volatile. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 161.26 has been pivotal. We look to buy dips. Our profit targets will be 162.29 and 162.49 Resistance: 162.50 / 163.00 /...
Nasdaq is ripping in the very volatile fashion you will come to love if you want to trade this instrument. This is a clear pullback in a strong uptrend. How deep will the pullback go? God only knows. But a break of a trendline gives us an idea where the market wants to go. We want to be quick to react. Are we going to get fakeouts? We are. But, we are going...