DOW Opening Range Breakout mode failPlease view the lower image, TV doesnt allow public 5 min charts.
BOM --> LH DT at High of BOM --> No further upside above gap fill
Could have been run further, expecting a 1:1 measured move down after the 18th BAR BO, however large Swings at open (300 points) --> Higher Probability of TR after 18th BAR BO.
BOM
BTC/USD STARTING BREAKOUT MODE ?Bitcoin has formed a descending triangle figure on the daily chart , now it appears to be starting to break out of that figure.
This movement can generate a STARTING BREAKOUT MODE taking prices up to $20k
I believe that there are important resistances along the way, but the previous tops, for me, are the target of the asset.
I hope to be able to contribute to the reading of friends and if you have any suggestions leave them below in the comments, we are here to learn always. I'm not the owner of the truth, this is just content based on my rationale.
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Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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BITCOIN, BULLISH BOMB WILL COME!Hello guys my name is Furkan Azak. I am a forex/crypto/future trader.
I am more then 6 years active in the financial market.
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