Good morning everyone! Monday morning thougths, whats on my radar
Good morning traders! The weekend is past us, time to prepare a strong coffee and review some of the markets.
Apparently, US and South Korea start their war drills today and they should last until the end of the month. This will keep the markets under pressure. So keep this in mind when trying to buy the dip as usual. North-Korea has already vowed doom and dust in retaliation for the drills.
The economic calendar is light for the beginning of the week, with only Canadian Retail Sales on Tuesday, if it will be of any interest to us, we'll discuss that tomorrow.
I have some tech charts i would love to put out there, so let's get on with it.
USDCAD weekly candle not looking so good
USDCAD H4, no strength recently, should be sell on rallies for now. NB! Retail sales from Canada tomorrow, so it might be best to stand aside for now.
GBPJPY not looking so good either
AUDJPY daily let's visit an old chart from a week or two back. We're halfway through with bounces on some levels here & there.
AUDJPY H4 this is not a perfect flag but the form looks a little bearish to me
EURUSD daily bullflag
DXY daily bearflag, oops.
BTCUSD daily. Not a fan of H&S pattern but still worth mentioning.
Thanks for reading and commenting. I wish you all a successful week, talk to you al later!
Are you looking for Minnowbooster, Buildteam or Steemvoter support? Or are you looking to grow on Steemit or just chat? Check out Minnowbooster Discord Chat via the link below.
Also be sure to check out the Buildteam update post by @bulleth
https://steemit.com/buildteam/@buildteam/buildteam-token-update
and @carlosd15, the graphic designer behind the awesome Buildteam logo (he can also desing your Steemit custom headers)
https://steemit.com/buildteam/@carlosd15/buildteam-official-logo-design-process
Great.
I'm waiting for Bitcoin to drop so I can pick up some more :-D What goes up MUST come down!
@hotsauceislethal You can keep track of it on my daily bitcoin trading track, its a wise decision to pick as many bitcoins as possible in the next two years !
absolutely, i need a bigger retrace to pick some up, might miss the rally, but cannot chase
There are plenty of other alt-coins that are also very profitable. I have a little bit of everything since I like variety!
Hope so!
I'm hoping we see some stability and buying pressure. Cryptos seem to be falling lately. Can't wait for it to turn around.
The opposite flags in EUR/USD and the USDX looks pretty telling.
Hi, @furious-one!))) I like this post=) Resteem for your)))
By tradition I support you!
I look at the purchase of the USDCAD
Here's how I see the purchase:
gm @maksym7, a great intraday trade!
Hot trade!
great post furious-one! keep it up! and thanks again for following!
