Pitchfork for bitcoin? I think this is a big sideway and scalping are the best ways for make money with low risk. Prolly after rise 70 cny, Bitcoin make H&S bearish.
We have seen a lot of sideways momentum on the pair the past few days. The pair is now approaching key levels, a break and retest of support zone @ 0.67229 will initiate shorts to 0.65710. However if support holds within the zone we could see a the pair continue to range between 0.68727 & 0.67229 TRADE WITH CLARITY, PATIENCE and PRICE ACTION!
Keep look Go downtrend 70% Pull back reversal 30%
EURUSD: Horizontal trendline. Trading in ranging situation. SL is ATR. TP is ATR x 3
- Currently EURCAD is in sideway market - Price rebound at fresh supply level - CCI is showing overbought - Price is already showing reaction to supply level
All in the chart, self explanatory :) Strategy for the next few days: Sell the rally, buy the dip.