In my humble opinion, the worst seems to be over for oil. Trading Idea: After analyzing multiple sessions, I noticed how well the price has absorbed the recent drop, reclaiming the liquidity distribution from last month. There’s no strong indication of further downside. The Asian session has brought it into a solid accumulation range. I’m looking for an entry...
Not a big secret that high time frame candles and especially their Open and Close prices are solid areas of Support and Resistance. Here is on the chart I marked yearly Open candles. Its 1M chart so its easy to see how price respects these areas. In some cases it was resistance, but mostly good support areas. The current Yearly open area, which is close to the...
Bitcoin is back in the big daily range and successfully retested an important level with a SFP (Swing Failure Pattern). There's a lot of heavy resistance ahead Top of the Range + Fibonacci Golden Pocket Yearly Open + 0.786 Fib Level Monthly/Quarterly Open Our indicators show that there's potential for a little more upside in the current price...