Bitcoin absolutely smashing through this resistance. Starting to give some nice structure to use technical trading with.
If we get a pullback to the new support then look for Bullish Price Action to jump in long to the upper resistance.
Got into this earlier in the week. Note the large Bullish candle breaking and closing above the significant resistance, and then a smaller Bullish engulfing rejecting the other side of this level as support. Reward, as always, is 2 to 1.
Currently heading north to a significant bounce point, it will tie in nicely with the outer Bollinger band. All I need at this level is the correct candlestick pattern and I'll jump in short with target 2:1 at recent low.
I don't trade Bitcoin personally, but I can analyse most Forex charts and Stock charts from a technical perspective. Looks like this pair is heading into a Major resistance zone. With the right price action, there's the potential to get into a short trade.
Cleary rejects resistance. Nice engulfing with favourable wick.
Similar to EURJPY. Currently at a resistance level, so watch for some candlestick patterns to form here. Failing this, we may head up to the higher resistance area, take out the stop orders from trader's holding sell positions and then maybe get some Bearish evidence to get short.
One level of resistance already taken out and it's heading to the major swing high. Also at the outer Bollinger Band so maybe we can expect a reversal? Another one on the watchlist.
Hi everyone. Strong sell currently in progress on this pair, but wee could see some support in the coming week. One to watch.
If we see a close at or beyond the current level, then I will engage in a Buy set up. R:R is 2:1. Pull back requires and stop loss is 5 pips below the lowest candle in the 2 x candle signal, which in this case is the low of the black candle.