THE NAIVE TRADER

Thought I would look at the daily's for a couple majors I may look at entering in the next few weeks depending on market fluctuations etc. 1. USDJPY Looking at the daily chart for the pair is interesting, we see the movement up to a major potential Support Resistance flip soon with the rectangle grey area looking to be something of interest. If this area is reclaimed soon I do believe a shift up to the next resistance level being realistic, the position at 109.2. The rising volume reiterates the potential for a realistic S/R flip soon. 2. GBPUSD Thought I would look at this market as well on the daily candle, whats interesting is it seems to be facing a similar area as the USDJPY. It looks to be boarding the current resistance region of 1.27. This is of interest as if its reclaimed, hitting the 1.275 area isn't unrealistic with a move to 1.287 potential for the incoming month. Will be interesting to see how this plays out. TradingView, 2019. @ Und3rachiv3r

I thought I would play around with the Fib retracement approach with some of my next entries, using these levels to support potential areas of support and resistance. 1. TFUEL - This coin I have decided to try and pick up, using the retracement area we see support looking to be broken and the levels of resistance (R1, R2, R3) aren't unrealistic.  Furthermore to this perspective, when looking at this particular coin the volume level is insane, we are seeing a point where volume is sitting at a level of half of the market cap of the whole coin. Volume at  $26,515,488 and a market cap o f  $57,094,636 (Coinmarketcap, 2019). I think this should play out and could be another decent gainer in the next few days. 2. FET - This coin is looking to go parabolic, we are seeing a project with a 24 hour volume of over 4.5x the marketcap level. Something completely crazy is taking place with these new Initial Exchange Offerings. This is shifting but there is still huge room ...