Chart is self explanatory.
Breakout happened from the Cup and Handle Pattern but faces a resistance.
Keep a stop loss based on your risk appetite.
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Sentiment: Short term Bearish
Reasons
1, Strong Weekly Resistance at 317.59
2.Bearish Island Gap on Daily Chart
3. Doji Candlestick Pattern on Daily Chart
4. Bullish Channel Breakdown
5. Selling Volume Increase
a possible reversal right now at AU (Nenstar bullish pattern). just have in mind that USD is really strong today but since there is no retracement I think we can have a 50% to the point B.
Final shape for previous idea. GANN Star showing some key levels. Price probability to go up to test break down levels indicated in red arrows is high.
The star is based on the previous 15mins idea.
Tri-star pattern on $BTCUSD 4H as well as a fake breakout, MACD with divergence indicating downside. However the ascending triangle pointing upwards. I will wait for a confirmed breakout upwards and a close above the resistance.
Tri-star pattern on $BTCUSD 4H as well as a fake breakout, MACD with divergence indicating downside. However the ascending triangle pointing upwards. I will wait for a confirmed breakout upwards and a close above the resistance.
Optimism crept back into the market earlier this week, with market participants speculating that cases of 2019-nCoV may peak by the end of February.
However, a revision of the counting methods used to identify infections led to a 15,000 case jump in the Hubei province; with the WHO stating many of these cases date back up to three weeks.
This has seen doubt...
