If you go back top of Dec 2017 and Jun 2019, you can notice that whenver BTC made the top, it always need 2 months for making Top.
- The first month is always the last push (as far as possible). This is shown with a very long white candle with a noticible wick from above.
- The second month is the confusing month after the last push and people have no ideas on...
Idea taken from Mr. DatTong
There is one worrying factor drawn on chart
I would like to wait what will happen on GBPUSD pair, but I might have a runner if I do so
Overview:
The triple top reversal tells us that buyers are getting exhausted or they aren’t aggressive enough to push the price higher of the resistance 1.01000.
Signal/Entry confirmation:
We shall wait for the price to break through the support 1.00500 for a signal and go SHORT after a retest of the zone around our new resistance @...
Overview:
We are presently on all-time major support on 0.70800 (Buyers' Zone) and it appears that price is finding it difficult to breakthrough hence a possible uptrend rally is imminent. This can also be confirmed with the present character of price not willing to continue the downward channel ABCD trend as you can see price not settling in comfortable at...
Overview:
Price has broken through the flag pattern formation to the upside indicating an uptrend continuation.
The channel EFGH (upward range in green) emphasizes a channel continuation to the upside as well.
Note that price was unable to break the hidden range ABCD the last time it was there (15th May 2018). Now it is back into this range 9 months after with a...
