burak_tradingchannels

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About me Founder of TradingChannels.uk.
Joined UK tradingchannels
Markets Allocation
67 % forex 33 % cryptocurrency
Top Mentioned Symbols
NZDUSD 33% | 1 GBPUSD 33% | 1 BTCUSD 33% | 1
burak_tradingchannels burak_tradingchannels BTCUSD, 240, Short ,
BTCUSD: BTCUSD heading into resistance
290 0 3
BTCUSD, 240 Short
BTCUSD heading into resistance

The break of the red channel caused a selloff and that red bottom band is now getting backtested which will probably hold and send Bitcoin down again.

burak_tradingchannels burak_tradingchannels GBPUSD, 120,
GBPUSD: Cable at a critical junction
33 0 2
GBPUSD, 120
Cable at a critical junction

Either a massive sell off or a nice strong rally just around the corner.

NZDUSD: Kiwi at a critical junction
26 0 0
NZDUSD, D
Kiwi at a critical junction

The break up of the bull flag would be super bullish. The green support has 3 hits. If Kiwi stays within the declining channel and breaks down that green support, it would clearly open the space underneath for a steep drop. All in all, it is a great technical picture which can be played both ways depending on the direction of the break out.

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NZDUSD
New Zealand Dollar/U.S. Dollar
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