Bullish pennant formed on the 1hr chart, so we can possibly see BTC price rocket. However, I am slightly weary of a potential hidden bearish divergence forming on the 4hr chart. Will see how we get on. If we do break to the up side on the 1hr $12000 - $12500 is very likely, at least.
Lots going on here. NFP will put price into place on Friday. Hopefuly will see price come back to the Fibonacci at .78 by tomorrow at the latest. This may very well help indicate price movement to either see a bounce from the .78 region on the Fibonacci to $1450 or price diving down potentially back into that channel. This could just be a fake breakout or could be...
Wait and see how this plays out but potential inverse head and shoulders forming, hoping to see reversal if this comes through to that 50% region on the Fibonacci.
We will hopefully see price reach the small uptrend support line at around the 0.38 region then hopefully see it fly. Price has bounced back and forward in this blue rectangle for a month now since its last surge up, so will hopefully see that surge continue to at least the 0.56 area.
Awaiting the closure of this 4H candle under the resistance line and I will then take a position.
I have been watching this pair for a while now, I did actually sell when the price reached resistance on the 11th/12th of March and my positions are actually still open. I have marked out a few areas where I feel we may bounce from and these may be areas I will take profit and then look to re enter after seeing where the price moves to. I am annoyed at myself as I...
The gold weekly chart is setting up very nicely. Price has recently hit a resistance level where we can see consecutive lower highs formed. I feel the price will test the uptrend support line then make a break to the 1363 region.
I would personally say a buy is coming for the FTSE as you can see from my chart. The last few previous candles have been bullish signs so I am hoping we will break and firstly have confirmation over the monthky resistance line.
A bearish candle has closed below the trend resistance line which, for me, is a now a good time to sell. However, there is a HUGE amount of news, especially for GBP, concerning BREXIT.
Potential ascending triangle. However, we may see a breakout of support line and see a swift decline in price.