


This could be the start of the bear market
Channel broken, continuation of downtrend. Expecting crude oil keep up with its bullish trend benefiting CAD Market has reacted bearishly to GBP following the BOE monetary policy and rate decision
We have seen large selling climatic action past few days with light volume on the up moves, bear for now
Bit of a range play here, good risk to reward, Draghi's speech tomorrow could be some catalyst.
The BCH/BTC pump and dump is over, when the dust settles money will flow back into the original Bitcoin again, strong absorption volume has occurred and price has bounced right off the top of my weekly channel
6800 has shown some serious resistance.... I have 2 channels working off a larger time frame and price has broken my daily channel, price should head back down to test the upper channel of my weekly channel
There will definitely be some support at 7k.... Trend is your friend, good risk to reward position to take a long
Worth a punt on this at these levels.... happy with my risk:reward. Early shorts might get caught with their paints down
Short now or short when it breaks the box doesn't matter
I know a large majority of the market are on the short bias..... however today's price action confirmed to me that this pair is preparing for a breakout. 114 looks like a pretty solid level, with the heavy shorts stacked, it might just add fuel for a nice short squeeze.
Bring on the NFP tonight, expecting a bullish USD for this bearish flag to play out to completion
-Bitcoin has had a huge run recently and starting to show a bit of weakness -However the market cap of crypto is not falling but rather bitcoin's dominance is -Money is now likely to flow into the alts and litecoin shows strong signs for a bullish run
132 seems to be strong support, pair is on an uptrend on larger time frames
Price has been ranging for the past few weeks and has struggled to push higher. I am seeing weakness in the pair and across all pound pairs