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Before I explain my analysis just know I don't specialise in Crypto and am not too good haha, this is just my idea and if I have made any mistake please let me know, thankyou.
Going to keep it simple here, as you can see price has seen a descending resistance along with a support which has previously acted as a resistance. Price has...
Before I explain my analysis just know I don't specialise in Crypto and am not too good haha, this is just my idea and if I have made any mistake please let me know, thankyou.
Going to keep it simple here, as you can see price has seen a descending resistance along with a support which has previously acted as a resistance. Price has broken up from the resistance...
GBPUSD 1H - I shorted this pair as it was forming a triangle formation and price was struggling to push up "A" and was also getting compressed. Then we can see price break out downwards and shoot down to the support and come straight back up trying to retest the broken support which is now acting as a resistance. You can see here all the 1h candles closing under...
USD CAD - I have been holding a short on this pair for quite some time, after this pair reached the resistance also the 78.6% Fib Retracement which resulted in me adding more positions as I knew this is where this pair would reverse. This pair also formed a basic head and shoulders pattern along with the resistance AND the 78.6% It had the be the reversal point....
