Parallelchannels
BTCUSD swing trade for Breakout or Pull-back on CongestionBTCUSD has been playing a little stalemate with us as of the past week. As evidenced by the green parallel, there has been a strong trend upward since the Covid pullback, but that trend has become weak in recent days due to sideways price movement. Timing a breakout or pullback can be difficult, but I've set some price guidelines where the congestion channel intersects with the uptrend channel. Depending on which of these prices BTC hits next, we should expect a breakout or pullback.
USDJPY 3 FEB 20 - Long now!guys i found a perfect uptrend channel to buy the USDJPY... It bounced on the lower support of the channel, it will reach the higher lows on the upper support, and then it will retest and reach the final resistance. I suggest to long just now so you can get both the opportunities (support retest and long twice).