rcjugg

rcjugg

- Price showing clear break and retest of dynamic support level that is was previously respecting - Anticipating USD weakness to continue and bulls to step in and drive price towards 2 set key levels of 1.4 and hopefully around 1.42 in the longer term - 1:7.5RR

rcjugg

No direction bias at the moment, just a general perspective now that head and shoulders failed to follow through to downside

rcjugg

- Potential head and shoulders pattern forming - Will be looking for break of neckline before taking shorts on the retest - Targets based on previous level of key price reactions (support/resistance) - 1:7.5RR

rcjugg

- Price forming clear bullish channel with price respecting dynamic support and resistance levels - Recent reaction off 61.8 Fibonacci level - Wick rejection hammer candlestick and clear bullish engulfing candlestick pattern - Clear bullish market structure with higher lows and higher highs - Looking for price to dip back down into dynamic support before next...

rcjugg

- Clear bearish market with lower highs and lower lows - Break and retest of key level indicating push to downside - Nicely respecting 20 day EMA - Anticipating push down towards key level of 106.000, 1:6.5RR

rcjugg

- Price forming bullish channel - Seen break of key level and price is now coming down to retest - Anticipating move towards 1813 levels as USD weakness continues

rcjugg

Looking ready for next impulsive move⏳

rcjugg

Crypto market taking a dive at the moment, great discount opportunity

rcjugg

- Following on from last weeks clean breakout of falling wedge, and TP1 being smashed, will now be looking to enter of nice retest of this level - Will be targeting TP2 level of 1.222, hopefully USD weakness can continue

rcjugg

- Price in bearish market, however overall market sentiment on higher timeframes is bullish - Recent price action showing bulls start to step in, double bottom pattern could be indication of potential reversal - Awaiting break of dynamic resistance before taking long position with price target of 1.4, which is psychological level

rcjugg

- Price in bullish channel, sitting at dynamic support - Recent price action has shown mostly consolidation, indicates sellers failed to break structure - Hoping for breakout out of resistance level, and enter off retest

rcjugg

- Long term outlook, very solid investment play for 2021

rcjugg

- Bullish market structure with higher highs and higher lows, waiting for price to come into 61.8 fib level, before taking long position - 1:8RR, 2% risk

rcjugg

- Failure to create lower low and maintain bearish MS indicates bulls stepping in - Reverse head and shoulders pattern usually a bullish reversal pattern - Break of neckline shows momentum being transferred to upside

rcjugg

- Price in consolidation zone, currently approaching clear support level - Anticipating a stop hunt institutional move, fake to downside to take out retail buyers - Then pierce back into support level and retest before measured push towards supply zone

rcjugg

- Progressively higher lows being matched with lower highs, anticipating breakdown and retest before push towards first key level - Last saw these kind of highs back in 2017, displaying signs of AUD overbought, taking profits among bulls may help drive price to downside - TP1 based on areas of key reaction (support or resistance) in previous price action,...

rcjugg

- Recent clean 61.8 fib retracement indicates current market is in impulsive phase - Consistent equal highs but progressively higher lows could indicate ascending triangle formation - Anticipating corrective move to form new higher low (buy point), followed by break and retest (buy point 2), before clean push towards fib extension based target of $297

rcjugg

- Setting up slight bullish channel, anticipating corrective move down to support (first ideal buy point) before push back towards trending resistance - Hopefully can see breakout move followed by retest before second accumulation point and then explosive yet measured move towards upside by mid-may - Price target of 0.13 for mid-may based on size and timeframe of...