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We are following a simple, well known technical pattern, named Pivots, in order to find out opportunities in the market. Pivot points are calculated as an average of significant prices from the performance of the market in the prior trading day. The Pivots are often turning points for the direction of price movement in the market. […]

AUDNZD Daily Trading Plan

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]

BTCUSD is forming a triangle!

In the daily TF, BTCUSD closed below 5 EMA yesterday while it is trying to reclaim the EMA today. The RSI (5) fell from the overbought zone (70 level) and heading to the 50 level. The mid and long-term bias is strongly bullish. Heading to the hourly TF, the cryptocurrency is creating a triangle. If […]