ETH there will be a pull to 2400$ Its not a matter of "if", its a matter of "when"
Time Frame Confluence 15 : buy 30 : buy 4hr : buy D : sell (weak) ------------- Moving Average Confluence 30 WMA : buy 90 WMA : buy 200 SMA : buy
there is a good chance it'll get rejected with the first attack
90wma has been a reliable support for quite some time
us30: it's tying to crack the 30350 level
I'll enter a position when there is a clear trend. In the long term I have psychological Bear Sentiment: The market feels pumped and synthetic. But the price might go to 31000 before going down. I'll be trading carefully with smaller lot sizes.
I'll enter a position when there is a clear trend. In the long term I have psychological Bear Sentiment. The market feels its pumped and synthetic. But the price might go to 31000 before going down. I'll be trading carefully with smaller lot sizes.
SELL / BEAR Depending on where you enter, it's a 250-300 pip gain.
it'll likely to go down a little and than bounce up a little. after that... it's down down down. until at least it touches the 200 MA.
USD/CAD Getting ready to go to Mars Probably will retest the zone. Than start a bull run. The bull might come after the Fed's speech tomorrow. Bonus thing to watch : Might bounce around 50 mfi than go up
GBP is likely to bounce off the resistance. (with the help of some Fundamentals) But if the fundamentals are against the GBP, the down-trend can just break through the resistance and keep its down trend. I don't want to buy the reversal; Risk to Reward ratio is off. I will be waiting to enter a sweet Short position.