Btcusd is finally pulling back. Volume is confirming the move. Might reach real low levels again.
Using the 15m TF I see a divergence looking at the MACD. My trailing stops are set at 1.2221. Also volume is in sync with price movement so for intraday I expect trend to be up.
Pullback back up then major decline towards the 200 EMA, creating a double bottom. Very subjective Just analyzing. Waiting for a good signal to get in using the Daily and 4hr chart. Also I'm using the 25, 50, and 200 EMA. The auto fibonacci retracement is showing price at 61.8. let's see what happens. Possible reversal alot of volume being displayed for sellers
Inverted HS on the daily chart just waiting no rush. Expecting price to move up.
I'm asking is this a divergence with a triple bottom on the 1hr TF?. First year going live Still learning.. I say long EU. Comments Please.
Asia markets are open let's get it. Strong downtrend still in effect. I say Short all the way till 107.518 based off my analysis
There are alot of neutral candlesticks on the daily chart wait for a bullish or bearish candle stick with no wicks to appear. I'm using the Heikin Ashi with 4 EMA's set at 365, 120 , 30, and 10 the main trend is up.
Wait for the daily candle stick on the Heikin Ashi chart to turn I to a bullish or bearish candle stick. Consolidation is in progress. Trying to get in now will be rocky.