FXPIPTITAN1
Premium$EURUSD 1hr Short Term Bias: Down Current Price Momentum: Neutral but slightly up One Lower Pivot Point: 1.0366
$GBPUSD 1hr Short Term Bias: Down Current Price Momentum: Up Two Lower Pivot Point: 1.2403 & 1.2376
This 2nd view from the 2hr tf (time frame) has not confirmed in both subwindows to short but both are pointing down.
Trend channel is pointing down: check Subwindow 1 & 2, both trade signal lines are breaking below the zero mark: check Look for pivot point 1.0504 to hit (not a trade recommendation, just me sharing a view).
I'm not in an agreement with the signal being generated to go long. Currently I'm short and one of us is wrong or just maybe, we both could be right. Time will tell.
1hr Chart of Bitcoin, I remain neutral on the price until after tomorrow Dec 8th. The US dollar is about to take off imo and that should put a lid on bitcoin's price movement.
Price-action missed my price target by just a small bit, was looking for 778.78 and the most recent high was 778.07. At the moment I'm neutral.
New Signal Generated, to go long. IMO, this run up will hit a wall b/c of the ECB meeting Dec 8th. Be mindful and look for a - potential - reversal in this move come Dec 8th (imo).
Euro has a sell signal with two pivot points to hit: 1) 1.0552 and 2) 1.0584 ...
Expecting Cable to touch 1.2765 (price sits @ 1.2721, atm) and I'm thinking that's a top, no more fuel to continue the upward move. At 1.2765 or so... I will be looking to short.
I continue to expect bitcoin to reach 778.58/778.78 as long as the buy signal continues to holds.
I made a few adjustments to the chart vs. the earlier charts in the hopes of improving the trade accuracy. Also, come Dec 1st, I will regularly post this chart each day for those who wish to follow. Notice that there's no new pivot point high (b/c the signal is now long) to use as a price-target, so we use the fib-level R3 @ 1.0799.
I made a few adjustments to the chart vs. the earlier charts in the hopes of improving the trade accuracy. Also, come Dec 1st, I will regularly post this chart each day for those who wish to follow.
Nothing New: I continue to expect bitcoin to retest 778.73, as long as the buy signal holds.
Pivot Point Trading: Next pivot point low for going short is 1.2440 but that trade level has already been hit, earlier today, so look for fib level 1.2358 (s/r S3).
Pivot Point Trading: Next pivot point low for going short is 1.0709
New Keltner sell signal generated
New Keltner sell signal generated, today and we have a new short-term sell signal (the four arrows). Expecting a break below s/r price point 1.2450 onto 1.2200's.