In this highlighted zone on the chart we can see a number of clear candle patterns that indicates push in price expected further along . Not only that, but also recent RSI inactivity tells us that you can strongly expect price changes, because of the whole market conditions (bitcoin up to 41k) supports this move up in a day or two. If you look closely to the...
The Eurozone has been struggling pretty much all summer as a basket for trading and has given plenty of of opportunities to SELL its weakness. This is the 3rd ABCD swing that it has made and from there it created a upward channel. The idea was to SELL once it broke and retested the support or to sell it at a high price at the resistance. At this point the market...