The Pair has been in consolidation since June and now, in the Daily Support Area, the pair made a Double Bottom on the 4-Hour.
This is an opportunity to buy as soon as the market opens, if it does not gap below the Double Bottom (Invalidating the Pattern)
Since the beginning of the year we have been in a very strong downtrend, but technically the trend has turned bullish on the 4H-Chart as soon as the Blue Structure level was violated after forming a Head & Shoulders.
Since the breakout the price has been in a strong upward movement until the RSI became extremely Oversold and on the next resistance in Green. Since...
The selloff seems to be unstoppable in the crypto-currencies.
Since the market did not do what I predicted yesterday, the situation changes a little bit, but the Trend bias remains the same.
The price reached the Support @5100 and looks like that it is starting to have some Buyers pressure.
I dropped to a lower time-frame (4H) to get a better perspective of what...
A friend of mine asked me for some insight on COINBASE:BTCEUR (which can also be applied for COINBASE:BTCUSD but having the difference between the prices into consideration).
I found an interesting setup for a structure based trading / swing trading with a very interesting Risk/Reward, which I wanted to share with you.
(Please take into account that I do not...
FX:EURUSD has resumed the uptrend since the beginning of the year.
It is probable that the pair first will make some kind of relief off the present level because of the last failed attempt to get a new Higher High and Higher Close.
If the pair retraces, I will be watching closely the marked blue area for a bullish signal, why?
Respected Structure (Minor)