Okay guys here's my weekly update for BTCUSD.
This week has been a relatively boring one again, no substantial movements and we seem to be stuck in a sideways channel.
Keeping the chart as simple as possible, I've removed the trend line as it's no longer confirmed and using my 45EMA and Support/Resistance lines.
Here is the evidence we have to work with to...
Hi everyone:
Looks like we might get a long trade opportunity on GBPJPY in the up coming days. WE can see that the 4 hr chart has broken out of the resistance trend line, and made a new high. If the price action can pullback and form a higher low, it would be a nice risk:reward entry up to the next resistance area.
Wait for a nice rejection, confirming the...