carllbrownn

carllbrownn

I heard a couple of my friends saying they've just invested thousands into bitcoin and I know they have no knowledge about trading and are just buying the highs which is a big no no. I decided to do some analysis on BITCOIN after hearing about this and as suspected BITCOIN is due a big sell off. BITCOIN has just recently reached 41000 which is an all time high...

carllbrownn

AUDCAD has shaped a flag inside of a flag inside of a flag following Daily, 4 hour and 1 hour structures. AUDCAD has also just performed 3 touches on the 1 Hour flag and 3 touches on the Daily flag making this a high probability setup. If the candle rejects this touch on the 1 hour timeframe I will be shorting the trading aiming for the bottom of the 1 Hour...

carllbrownn

GBPUSD has broken the 1 Hour ascending channel after touching the top of the 4 Hour ascending trendline. Price is now forming an ascending correction flag on the 1 Hour timeframe. We can utilize this flag pattern by entering a short trade on the break of the flag structure. This will also ensure we are approaching the trade with a reduced risk entry, given the...