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Price is working above MA's again breaking up with huge engulfing candle, after respected the support at 200ema again.
The price is testing 20ema at 1500. From now some retraction can be expected and scalpers and day traders can find some buy opportunity.
Will the Market not react in next 10 days or more?
After accumulation price breaks up working above MA's again with a huge engulfing candle pattern. Some bulls are back. #AUDUSD #forex
Is time of $BTC shows some power.
A rising wedge breakout to down side that's includes one double top pattern, can attract some bears.
The breakout of box (consolidation) to down side, can break also this rising wedge pattern
A engulfing bearish candlestick pattern around resistance zone, that's shows a double top, can attract some bear power.
A engulfing candlestick pater around support zone can attract some bull power.
Looking for one downside breakout of this box (consolidation)
A engulfing bar at support zone can attract some bulls.
Pin bar rejecting support zone can attract some bulls.
An pin-bar rejecting the 200sma can attract some bulls
The breakout of this consolidation can generate good entry. I will look for bear bias.
Another bull bias after one strong candle reject support.
This strong candle rejecting support can reflect the tomorrow earnings release.
A pinbar rejecting support zone can attract some bulls.
rising wedge breaks down with strong candle.