dave25981155

dave25981155 Updated 

After strong uptrend USDJPY just hit and reversed on a heavy sell zone forming a bearish engulfing candlestick pattern.

dave25981155 Updated 

Unfortunately Turkey is no longer a real parliamentary democraty. Foreign investors will reduce exposure to Turkey. Pinbar is forming on kumo signaling possible next leg up for USDTRY.

dave25981155

ETHBTC is at a lower long-term trendline of the upward trend channel that has been forming since 2016. Time to switch part of your portfolio from BTC to ETH?

dave25981155

Yesterday's price rise in Bitcoin formed a weak tenkan kijun cross. Also the chikou is about to break through past prices. A small pop higher may easily move prices up to next resistance at about 7800 USD.

dave25981155

Short on the Gold-Silver Ratio

dave25981155 Updated 

Likely bounce back into range for 5R return targeting the Kumo.

dave25981155 Updated 

With stop below the kumo. Targeting previous high.

dave25981155 Updated 

I am waiting for a pull back in this strong swing down on the USDCAD.

dave25981155 Updated 

Price moved higher so I adjusted my entry level.

dave25981155 Updated 

There is a similar pattern onfolding at the EURUSD and the GBPUSD. Only here price could bounce nicely off of the Kumo. Stop can go under the Kumo. RP is at the 161,8% fib extension level.

dave25981155 Updated 

Entering at the 50% retracement of todays pin bar. Stop below pin bar. TP at top of the bull flag. After that I expect a retracement back to the kumo before we see more up side in line with my longer term long on Gold.

dave25981155

Adding this order based on shorter term analyses.

dave25981155 Updated 

It looks like the cable topped out last Friday. We might see a pullback past the 50% retracement of the last leg up. I will enter at the 61,8% retrace as that's where the kijun sen will probably offer support. My stop will be below the last swing low. Take profit target is set at an older resistance that is clear on the weekly chart.

dave25981155

I will be switching more of my BTC holdings over to ETH scaling into the potential move of ETH strengthening against BTC. Trading ETHBTC is like trading the Gold Silver Ratio.

dave25981155 Updated 

If price pierces back into the kumo, I will enter long with a stop below the latest swing low. Target is at the top of the bull flag. As Friday's price closed right on top of the kumo, it might jump higher at the opening on Monday. In which case I will miss out on this trade.

dave25981155

EURUSD seems to be stepping higher. If we do see a break higher, I am anticipating the EURUSD to reach 1.32 by this summer.

dave25981155

Price is making a higher low on top of the Kumo after breaking out of it. Stop at previous swing low. Target at previous highs could result in 4R profit.

dave25981155

Bitcoin price is at a critical point right now. If from here price will move lower, we will see more lower prices with first support at 4900 USD and after that at 3000 USD. If this happens we are in a bear market. If prices move higher from here I expect prices to continue higher forming a double bottom pattern. After that there is a good change we will break...