SHORT FORECASTHello Traders
As you can see on the chart we have a dominant downtrend. At the moment price currently pushing to the upside. I want to see price
respecting the red dash horizontal trend line zone once again. This will complete a double top continuation pattern. Wait for evidence of
exhaustion when price get to that zone and look for confirmations.
NB: Use your analysis to confirm the setup.
Ssindices
Trend Trading Hello Traders
We have a trend to the downside with a pullback and a continuation indicating bearish pressure and sentiment. Price is
currently in an exhaustion phase back to key level. I will wait for trading opportunity to surface around the 50% fib level as
it has been tested before.
NB: Use your analysis to confirm the setup.
BTCUSD BULLISH TREND STILL HEALTHYHello Traders
BTCUSD bulls are still in total control over sellers, as you can see on my weekly chart price is still in the '' continuation phase'' it is not advisable to sell BTCUSD now rather take advantage of the small pullbacks on lower timeframe to ride with the current trend.