In spite of seemingly coordinated hacks against bitcoin exchanges (maybe FUD attempt by powers that be), the price continues to crawl up. Buys continue to climb up in spite of heavy sell pressure. The safest short position is at the higher levels of the triangle. Less safe, but good nevertheless is to set buys just above the green trend line. If the price breaks...
Chart says it all Tweezer double bottom forming on AUDUSD.
USD/CHF has found support at the previous level of resistance after breaking through once a support level at the round level of 0.9040. The pullback from the previous rally has tested this area which is also very close to the 0.382 (38.2%) Fibonacci level. The close of today's bullish price bar is above this area and the 20 ema. Both RSI and Stochastic are in...
EURUSD is at a very important level. Based on historical price patterns, the 1.3450 area is a major point in terms of this pair continuing it's bearish momentum or not. The major support zone between 1,3512 and 1.3450 area has been compromised BUT price is just hanging onto the lower part of the zone. If price can stabilize, meaning it spends the next day or so in...
Out of sheer demand for more short term analysis, I thought I would take a few minutes & dissect the 15m chart today. Just so you all understand, my personal holdings are relatively limited and because of this fact I am trading my account off the higher time frames. Full disclosure - I am currently still long 1/3 of my buy at $459 per my published posts and don't...