EUR USD touch resistance in lie with discount zone area
I plan to SELL BTC at 30350 due to the history of significant sell-offs at this point during the previous week
Currently, the BTC /USD pair is forming a short setup on the H1 timeframe, as there has been a reaction after retesting the old bear base (red area). The bear base was created by an engulfing candle on the H4 timeframe in the past (bearish engulfing) To establish the sell setup: - we look for initial break (it is the last bull candle that are break by the bear...
Currently, the BTC /USD pair is forming a long setup on the H1 timeframe, as there has been a reaction after retesting the newly-formed bull base. The bull base was created by an engulfing candle on the H4 timeframe. To establish the buy setup, we identified the dominant bear candle and confirmed its break with at least two subsequent candles (in this case, the...