We are in the nice Bullish engulfing weekly candle. It may likely to go further up and retest around 1.25 to 1.26 region. It is where the bear may fight back.
So, in the nutshell, do not be overly bearish. Weekly PA is not showing concrete sign of bearishness just yet. I will like to seek more confirmation from the momentum point of view.
Trade Safe
s0nic
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yeah, same question, time to buy?
nice posts btw, i'm checking out your site now too.... BTC to 8k, i can see that due to USD going up more in weeks ahead? (that's from a different comment i saw you make)
@SonicDeejay, just saw that... so, what about USDJPY pair, i got that shorted, should i get out, stop loss is at 109.541
StoneFox_4X
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@caboodle, i checked out your site, but you're in Singapore
StoneFox_4X
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@SonicDeejay, so, basically, dollar just gonna get stronger, so short every USD pair and short DOW, that's the way it's looking to me, BTC included, with maybe some swings minor swings up in between, but for most part, you want to be on side of USD going higher and everything else going shorter?
nice posts btw, i'm checking out your site now too.... BTC to 8k, i can see that due to USD going up more in weeks ahead? (that's from a different comment i saw you make)