USD CAD SELL (SHORT) ANALSIS Hello traders this is my analysis on usd cad
we see they have taken out trendline liquidity with an impulsive move creating a fresh supply zone
I did my analysis on a 4 hr time frame but have refined it to a 15 min time frame
Once price reaches our supply zone , enter after seeing change of character (choch) on a smaller timeframe like 1 min or 5 min .
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Sell-signal
BTC Closed above 200 MA. What's next ?After 5 weeks finally BTC closed above 200 MA, this is a good new. From the past data if the BTC once the BTC closed above 200 MA it did not go below for few years.
We can expect BTC to continue moving upward and then retrace back to MA in the upcoming weeks.
Stay tuned for more updates.
GreenCrypto
NZD USD short in H1In the daily chart we see an "inverted hammer" candle pattern which should be considered as a bearish sign for the chart. Moreover the chart was on a bearish rally and it has consolidated its previous downtrend more than 50%. So we go for a lower time frame which is 1 hour and we look for down trend. If we look propper we will see a head and shoulder chart pattern and a broken trend line. The combination of these three signs will convince us to open a short position.