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. In my last BTC/USD forecast last Christmas Eve, I thought we were likely to see choppy trading, with a bearish reversal at $90,184 or a bullish reversal at $85,390 being the only trades worth looking at if they set up. I was correct about choppy trading, or at least trading within a narrow range, with neither of those levels reached ... (full story)