Price breaks above ill expect it to be bullish, however if price closes below a bearish continuation.
Weekly close may indicate a bullish breakout. However a bearish breakout may occur. Please share your thoughts! SP:SPX
-A break of resistance would confirm a bullish move , altcoins may do same but not a big impact as bitcoin. -However as btc futures being introduced price might go to resistance and fall.
Chrt pattern indicates bullish however might not happen - (see next post for why)
Two scenarios that EURO might do depending on the DXY(USDX) actions.
hoping for the start of third elliott wave , however price is under 50 ema may indicate a bearish trend.