15min
Merry Christmas Everyone! H&S Pattern Forming on 15min ChartIt looks like there could be a possible H&S forming on the 15 minute chart for BCHUSD. Also I believe that this may play in the rules of Bulkowski's Big W where sell position as initial drop point of the "W" formation. Any input would be awesome as I am still learning this trading tactic. I hope everyone had a great Christmas. Happy holidays to all!
Bitcoin in small timeframes#BTC 15min
In small timeframes, you can determine the local levels of resistance and support from which the price will determine its further direction. Now we can stay for some time inside the triangle, the breakdown of its upper edge will give a push to move higher, the lower one will indicate the priority of further reduction to the recent minimum.
EURUSD short term short positionHey, so looks like EURUSD has been overextended on 15min rsi + macd. Pennant forming what seems to be a rising wedge. Volume is dropping off. Waiting for a volume spike. Macd has extended convergence = higher probability of volatile breakout. Green dotted lines are higher high/ higher low support & resistance levels. Arrows represent long and short limit positions. SL would be approx 0.025% on other side of the line. Note that we are getting a bullish hammer candle on Daily.