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Trap Buying BTCUSD: H4 SHOWING A STRONG SELLING PRESSURE
BTCUSD
, 60
Short
BTCUSD: Trap Buying BTCUSD: H4 SHOWING A STRONG SELLING PRESSURE

Hello there, I think buying the BTCUSD is very questionable because there's a strong selling pressure showing in the H4 timeframe. The H1 timeframe is bullish though, wait to see the confirmation to make any trade decision. Technical Analysis: the price is currently respecting a strong resistance level in the H4 with an inside bar candlestick that has formed at...

GBPUSD BIAS: SELL
GBPUSD
, 60
Short
GBPUSD: GBPUSD BIAS: SELL

Currently, the GU selling pressure is still high and there is a high tendency that this bearish directional move could last till the end of this week before a reversal could start to surface. The price is respecting the minor resistance level in the H4 chart, and the current candlesticks are turning into a bearish engulfing candle. A short trade setup could be...

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