SaifSiddiqui

SaifSiddiqui Updated 

Head and shoulder formed could continue down to 500 area from here Or If it closes above the head then it will continue up. Short term trade just for 10 pips with sl at 10 pips.

SaifSiddiqui

Watch for another wick in this zone to see direction. Overall downtrend because of news. Wicks will show direction.

SaifSiddiqui

Watch for wicks at any of these major areas to know direction. Short term trade.

SaifSiddiqui

Wicks showing it could go down to the red support line from here. Or Could wick at the red support line to continue upwards as the overall trend has been going up.

SaifSiddiqui

Wicked at trend line so looks good for the sell from here with sl above the previous candle wick. Short term trade aim for a few pips.

SaifSiddiqui

Break of first upper yellow zone will be a buy from there because it will go to the next yellow zone because of inverted head and shoulder pattern. Or Could close below the head and then continue down.

SaifSiddiqui

Wicks will show direction so watch what happens at this triangle. Short term trade.

SaifSiddiqui

Watch what happens at this triangle to determine direction.

SaifSiddiqui

At the upper trend line if there is a wick pointing upwards then it could be a sell. Or If it show a wick on the bottom then watch out for the buy on the bottom trend line. Follow the general trend.

SaifSiddiqui

Looks like a buy from here because of wick downward so could be going up short term.

SaifSiddiqui Updated 

Wicks in this zone will show where the market wants to take bitcoin. Uptrend has formed and a wick to the upside would be better then taking a sell so watch for confirmations for buys.

SaifSiddiqui

watch for wick at upper trend line for the sell but the neckline has already been broken and all higher time frames also show a sell so looks good for the sell.

SaifSiddiqui

There is a daily head and shoulder , there could be a huge sell off for gold but watch for entries with wicks and formations showing reason for the sell or buy.

SaifSiddiqui

inverted head and shoulder has formed so after break of neckline then it could continue upwards even after break of the triangle formation. Or Could close below the head and then continue down.

SaifSiddiqui

Watch what happens in this upper zone as it makes patterns and price action shows with the wicks which direction it wants to go. There is a daily resistance zone and looks like its creaming a double top from there but it could also close above the previous high and then continue up so only look for multiple confirmations before entry.

SaifSiddiqui

daily shows a double top which has already been going down , there is more room for it to go down so there will be a possible sell coming up just watch for the wicks to know direction.

SaifSiddiqui Updated 

watch for candle closing below bottom yellow trend line and then sell according to the head and shoulder pattern but really watch wick to show proper direction. It could also close above the head and then continue up.

SaifSiddiqui

Head and shoulder pattern formed so watch for close below yellow trend line then it could continue to be a sell. Or Could close above the head and then continue upwards as the overall trend has recently been going upwards but if confirmations show up for the sell then it could continue down short term.