Blackbox_fx

Blackbox_fx

On the 4h time frame bitcoin is definitely in a down trend. But if we look at the 1h time frame we see a double bottom pattern We see price break the resistance level and its probably going to boom up to the major resistance level I wait for the retest and enter a long position on the 15min time frame. Day traders and scalpers only

Blackbox_fx

On the 4h time frame we see a down trend. On the 1h time frame we see the recent S/R levels. I enter a short position on the 15min time frame when price breaks the support level or tests the resistance level.

Blackbox_fx

GBPUSD will rise because it just rejected off a daily support level and also formed a double bottom on the 4h time frame