Easy trade. Sell now. Take profit at 112.50. Stop loss 20 pips
Eurusd is due a run up and has been oversold for long enough. I'm waiting for any form of retracement down to the broken horizontal resistance or the descending channel resistance to move up to the next level of daily resistance around 1.1750
DXY touched the top of the channel last year before dropping. It is currently coming up to test resistance as it has done quite a few times over the last several months. This monthly close will be important. Although I can't see it going to much higher. Dollar is dead, printing trillions of dollars is going to catch up with them. The future is crypto, not gold or...
If the opportunities present themselves this is exactly what I will he doing. In a sell now down to the bottom of the red arrow. Out of it, enter a buy if the price action is right, break of trend lines etc and so on. All tight loss. Current stop loss is above the previous high from yesterday
This broke through a decent level of support. Doesn't seem to be too much buying interest at the minute. I still believe long term it can go to 1.25 and beyond long term but right now, this is a quick sell
Entered into another buy at this level with a target of the previous high and a stop below $2
XRP has broken out of the flag on the daily. A clear break and daily close above 1.30 should open the way to 3.50. As quick and fast as 0.60 to 1.30.
Xrp came up, hit a level of resistance, rolled over and is now retesting previous resistance as support. A break of the descending line should open the way to a higher high
Happy and confident with this entry. Breaking out from the descending trend line. Nice bit of support. Lots of momentum, stopped to gather its breath. Stop loss at 1.23.
Bitcoin should reach 36000 is again, where it will retest support and touch oversold on the rsi. Pretty confident buying here
Twice price has come up to test the channel price spent most time in 2 weeks ago, and is getting rejected. I can see this rolling over and heading to the 0.41 mark
With all the fud, and all the "its going to zero"s, xrp is still in a range. Can this be called a bull flag. Regardless, we need it to be above 1.30 to be bullish again. Anything inbetween now and then is just simply, movement
Wave 3 pull back is, imo, over. Long term is price discovery, but for today or tomorrow I'm looking for a move back to $1 dollar which will provide resistance to close this day trade.
Looking for a bounce up to roughly 1.2158 then wait for price action for sells or further upside.
To get to the moon, obviously we have to get past $1 first. Which is proving to be very tough. A good intraday trade now is a buy up to the daily low, either earlier this week or last week I can't remember. Remember tight stops. A loss can always be made back
Yesterday's trade never got moving until it hit the stop. Having closed above 1.2158 once again I can't see it going any further down, for the next few days at least. Long term target still 1.28
I still think eurusd in the long term will head north of 1.26 but for now and this week, we could be heading down. Not too far though. A sell has been opened with a tight stop. Anything above 1.2180 I will look for buys but for now I'm looking for 100ish pips downwards
As said yesterday I was expecting a bounce from the 61.8 area up to the 1.2180 area. Trade closed and waiting for continuation price action or a daily close back below 1.2158 for shorts