CryptocurrencyWizard

CryptocurrencyWizard

Hey Traders, Nice weekly OB here just has been printed. I hope you are in this move. As I mentioned last week I am bullish here. If we get any pullback I am going to scale in! I consider this trade as a long hold. What are your thoughts?

CryptocurrencyWizard

Hey Traders, Nice move here as well:) I hope you have got some nice profits there. LONG if we go back to 54.50 ish. SHORT if we hit my hot spot at 60$. Share your ideas! Good Luck:)

CryptocurrencyWizard

Hey Traders, We have got some spectacular moves on gold recently. Gold is getting close to monthly resistance level at around 1421$. If we break higher - retest and long entry would apply. If we get a correction our buy zone is at 1360 ish. Looking at VSA (volume spread analysis) last candle looks pretty weak as its wick is to the upside, spread is narrowing...

CryptocurrencyWizard

Hey Traders! Our poor cable is now in a hot spot. Weekly angled support, weekly support and 786 fibo + possible daily bullish divergence is being printed. Our bias is bullish. Are you going to go long or short? Happy Trading:)

CryptocurrencyWizard

Hey Traders, Bitcoin is in a rising channel, Bearish divergence is kicking in but BTC does not care really :) Now we are approaching a huge psychological number 10k which is also 50 fibo level and daily channel roof. This is going to be a very significant level. I am very curious to see what price action is about to be printed in that area. Are you bullish or bearish?

CryptocurrencyWizard

Hey Traders! Oil is in a buying zone. We are sat at weekly support, weekly gold fibo, there is a daily bullish divergence and a weekly bullish pin bar. Our bias is bullish. Watch 60 dollar level for a possible short entry as there are a lot of confluences to sell it! What are your thoughts on oil? Enjoy the ride!

CryptocurrencyWizard

Hey Traders, We were pretty busy recently working on our new YouTube channel, so apologies for not being active for a while. Gold produced a lovely textbook bearish pinbar confirmed by a high volume. It is also a sell zone with a huge psychological number 1350 + monthly resistance +weekly angled resistance+ daily bearish divergence. Therefore is it our hot...

CryptocurrencyWizard

Hey Traders, Simply said we have got Double Top here and a bull trap has been set as we mentioned last week. For shorts retest to 8300 if we see nice bearish price action confirmed by the volume - hit the sell button. For longs 6000 is our hot spot. It is a psychological number + monthly support level + weekly 50 fibo. Let's see how they play this...

CryptocurrencyWizard

Nice PIN OB + RSI has a lovely divergence. Ready to sell?

CryptocurrencyWizard

What a move here huge bearish OB. Now 54$+50 fibo could be possible buy zone.

CryptocurrencyWizard

Hey Traders, We are getting really squeezed here in between daily and weekly trend line and we are sitting on a weekly 50 fibo. For longs break out- retest - enter . Same for shorts we need to get out of the squeeze first then we can attack on the retest of course. If monthly bar closes an an inside bar then we gonna look for a bullish fakey to come next....

CryptocurrencyWizard

Hey Traders, Oil is just under its Double Top Pattern neck at the moment. Last night a Bullish Fakey has been produced from near-term support and we are waiting now for Double Top neck retest to take it short. There is a nice hot spot of 3 confluences: Monthly Resistance + Double Top Neck + Gold Fibo . Now patience is required! What are your thoughts...

CryptocurrencyWizard

Hey Traders! Weekly chart is in an up trend. It seems like we are in a lovely spot to consider longs. Anyone feeling the same?

CryptocurrencyWizard Updated 

There is weekly inside bar sitting just below 8000 + 7x inside bars on a daily chart+ volume is declining! If we were about to break that 8000 we would have to see some huge volume with bullish price action. Well it is not there. If they fake 8000 level out we could see Triple Top Pattern. It could very easily produce a daily bearish fakey from that level. So...

CryptocurrencyWizard

Hey Traders, This pair has been on a sell off for the last 3 weeks. We believe it could be close to a hot spot that is weekly support + 786+ angled support. If we see some nice bullish PA with a high volume we are going to attack. What are your thought on this one? If you find this idea interesting please like & subscribe. Thanks!

CryptocurrencyWizard

Hey Traders! It has been long time since we have traded this pair but it looks like we have got some opportunity here to go long. We have got some nice fakey OB from monthly support that is also a psychological number 1.11 + gold fibo. We are also sitting in a falling wedge patter that is often regarded as a bullish pattern as well. There is a Parliamentary...

CryptocurrencyWizard

Hey Traders! Just a quick update! It seems like we could possibly hit this 11 number just about in the same time when bitcoin is going to hit 7000. If this happens we could see some nice moves towards the north. Possible inverse head and shoulders is still in play. We are bullish on crypto. Enjoy the ride! Follow Prosperous Traders

CryptocurrencyWizard

Hey Traders! Market is slowly sliding and we are speculating to visit 7000 area. That could be a place to consider a long entry. If we break lower we gonna see a double top pattern completion and 7000 is our neck. Then a short entry could be possible on that neck retest. What are your thoughts? Enjoy the ride:)