We may be preparing for quite a dip to the downside, but I think we get a pullback before that.
Bitcoin completely took me by surprise, but I had a protected my loss. Im now bullish for a turnaround neat the $1228.40-$1230.00. In the near term I expect the bullish move to cool off into a consolidation before one more push to the top.
the S&P has had a pretty good bull-run meaning that a consolidation could be due anytime now. I think it comes at around 2368.10 at the most. I think we get a decline and then one more push into the green band.
Bitcoin looks to be giving in to the sellers, which is perfect for our position, but theres still a slight chance we make a desperate attempt to the upside.
USDCNH looks very bearish in my opinion. We had a serious sell-off at the 6.986 handle, and I think we are due bearish continuation. This is a daily chart, so this is a longterm trade. For those that follow bitcoin, it would be very interesting if we saw YUAN strength and BITCOIN weakness at the same time. :)
EURGBP looks as though its going to have a volatile downtrend before we get a substantial pick-up. Position wisely if you want to trade this band.
We are in from 119.996 to the long side, 120.400 will clarify whether this continues in the longterm or its just a retracement do the previous bearish move.
A break to the upside presents a good buying opportunity and a break to the bottoms presents a good future buying level. This is one to watch.
Bitcoin really got a boost from the dollar weakness and according to our volume analysis, buyers are still quite invested so my guess is we get another push to the upside.The $1047.00-$1060.00 provides an excellent shorting opportunity. Keep an eye out for seller volume.
Bitcoin has really pushed above everyones exceptions and I'm sure this has turned plenty of sellers into buyer. However, I'm not convinced that this goes on for too long. I think we are setting up for a selloff.
I think we get one more push to the top. Sellers are really showing their hand and buyers have weakened quite substantially.
Gold looks to be pushing up once again after a bit of consolidation. Volume declined as we dropped so i don't think we are ready for a sell-off quite yet. watch out for $1252
The dollar has seen a very steep selloff during the past two days and has now entered the attractive buy-area...Stops at 97.550 and multiple take profits. There could be one more dip to the downside but I think this price area is very attractive for a long term play to the upside.
I still think that the dollar may appreciate against the yen. Sellside volume is declining as we get lower
The dollar's had a great bull-run, but it looks like we may have reached the top. If we begin to consolidate strongly, look out for weakness at the bottom of the dip as that may present an excellent buying opportunity.
I think it may be time to start considering a dip, we have had a great bullish move but its starting to get extended.
This wave up is proving to be really complex, which is usually the case as the market clears weak buyers and sellers before finally breaking. short-term long before a violent short that should rest below 900