The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. BTC/USD Analysis I wrote in my previous BTC/USD analysis on 1st May that the technical picture had become more bearish following a double top chart pattern completed by the second rejection of the resistance level at $30,030 and the decisive breakdown below the new resistance level at $28,740. However, I also thought that there would ... (full story)