Whether its the last wave of a correction, or the start of a new bull run, BTC seems ready for a short term bump after a pretty nice flat ABC correction.
Thanks for viewing
UncentralBank
Giving my general preference for a slightly weaker dollar in the short time, and the completion of a fine 61.8% fib correction, a short of the USDCHF to around 0.91 seems like a good position from here. The correction may still unfold to be a complex triangle, but the short term trend still points downward for this pair.
At this point, it's probably clear from my two other analysis that my general sentiment is a short for the USD. And the USDJPY moving very nicely seems to finally be ready for a down move ( although i entered the trade a little earlier and is in the red). This looks like a promising A-B-C move.
Thanks for Viewing
UncentralBank
Seeing a clear and complete A-B-C pattern it seems the Shiba dead cat bounce is over - or at least near its end. If price breaks below 0.36439 then it's time to short the meme coin all the way to 0.2. This analysis is also valid for SPOT BINANCE:SHIBUSDT
Having completed what seems to be a complex three wave correction to the downside, EURUSD seems like a solid buy at least to 1.15 level (if this turns out to just be part of a bigger correction). I have taken a Long position, and hope to see how this unfolds.
Thank you for viewing
UncentralBank
The WXY Complex Correction seems to have completed. It may continue to unfold as a complex W-X-Y-X-Z correction, but the target it just slightly above the 0.2495 High
