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 In my last BTC/USD forecast on Monday, I thought we were coming towards a decisive moment for Bitcoin, as the recent price pattern could be seen as both a bearish wedge, or as a bullish “square root” pattern, with a higher low and then two equal higher lows above that. I thought that a break below $87,884 would ... (full story)