Bitcoin Battered Below 7K, Cut in Half for 2018

Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to fresh lows below $7,000 in early trading on Friday, reaching its lowest levels since early February. Bitcoin has now lost approximately 50% of its value in 2018. The move comes after the price of Bitcoin rallied 1,400% in 2017. Regulatory uncertainty has pressured cryptocurrencies in 2018. […]

Continue Reading

Shooting Star Pattern Forms in GBP/AUD

A shooting star Japanese Candlestick pattern (bearish reversal) has formed on the GBP/AUD daily chart. The pattern appeared in the context of a strong uptrend dating back to September of 2017. From the close of yesterday’s candle, price has already dipped about 65 pips at the time of this writing. A confluence of bearish signals formed as […]

Continue Reading

Trading involves substantial risk of loss and is not suitable for all individuals. Past Performance is not indicative of future results.