Considering the current deep discount price of Bitcoin, it's tempting to go long, especially after the recent 70% rally. Instead, I plan to wait for a few days to assess whether Bitcoin's price will experience a decline or if it will continue to surge into premium levels. While the current market conditions might seem opportune, it's crucial to acknowledge that...
The trading plan for the EUR/USD pair indicates a significant consolidation within the middle of the range, leading to an unclear bias. Currently, all trades stand at a 50-50 probability. Given the upcoming fundamental events for the dollar, the market is expected to establish a clear direction. At this juncture, the strategy is to exercise patience and remain on...
I'd like to share my bearish stance on the EUR/USD pair, accompanied by my identified key supply and demand levels from weekly chart. My analysis suggests a downward movement. It's crucial not to solely rely on my perspective; rather, consider the broader market dynamics. Currently, I perceive us to be in the middle of a range with a low-probability entry zone....
I want to share a cautionary note regarding what I consider the most challenging trading zone—one that coincidentally aligns with the neutral zone set by market makers. Tomorrow's news carries the potential to significantly impact the market in both directions. Regardless of the news outcome, maintaining a bias for trading seems precarious. In my opinion, only...
Greetings, Traders, and a prosperous New Year to all! As we re-enter the charts, the liquidity remains low in both the crypto and forex markets. Currently, no trades have been initiated, as we are patiently waiting for weekly order blocks to signal the commencement of the new year. Additionally, we are monitoring zones for potential discounts. This routine tends...
Greetings Traders, The EU pair has been steadfastly rejecting the weekly OB (Order Block) for several days now. There's a potential for a bullish pullback, aiming for higher levels to clear out existing liquidity. This trend appears mirrored in the DXY (US Dollar Index), with both pairs exhibiting a high correlation. However, it's worth noting that during...
Hello Traders, Bitcoin has successfully reached all our specified targets, and the EthUsd pair has achieved maximum profit levels, as accurately predicted months ago. Now, the next likely scenario is either acceptance within the current range with a subsequent bearish pullback, providing an opportunity for another upward movement from discounted levels. Our...
EU pair traders, it's crucial to consider taking some profits on your EU sell orders. The dollar has not broken the daily fractal, indicating another control level for the dollar that hasn't been reached yet. This suggests the potential for another bullish run on the EU. Exercise patience and ensure you pay yourself consistently. A good practice is to secure...
ETH/USD on Coinbase, we observed a distinctive three-leg downward movement last year on November 11th. The daily confirmations for each leg displayed a clear bullish bias, making it remarkably straightforward to trade, thanks to technical confluences and accurate price predictions We got Pitchfork Channel. Consistently respecting channel percentages, we've only...
I wanted to share some important levels in the ETH/USD pair that we're currently trading. It's crucial to note that Bitcoin (BTC) is currently in a deep supply zone, and as alts often follow BTC's trajectory, we might see a decline in altcoins as well if BTC starts declining. Keep a close eye on the ETH channel, and be mindful that we're navigating within a...
It sounds like the EU pair presented a favorable opportunity, reaching up to the previous range's mega sell level, knocking them out, and now experiencing a heavy selloff. I hope you and your fellow traders followed the steps provided, engaging in both swings and scalps. A nice Christmas indeed if the charts have been cooperative. Looking forward to what 2024...
Exciting times for gold traders indeed! With high liquidity taken out, the natural next move seems to be seeking more liquidity. A simple drop lower appears to be the option on the table. We anticipate that it will aggressively wipe out the other side of the market before potentially resuming its upward trajectory. Happy trading to all, and may the markets...
Greetings, fellow traders! Quick weekend recap in the crypto space: It's been a relentless ride, with prices surging day in and day out, triggering stop losses higher and higher. We've secured our TP2 payout, and given the wild 80% rise, we're cautious not to get greedy. It's essential to pay ourselves after a robust move. Now, for Ethereum (ETH), we're...
A significant milestone has been reached. Traders alert that a crucial liquidation level, meticulously provided in October by us, has been hit. The result? A substantial 60% gain on our initial 1% entry, marking a noteworthy success for the trading Acct. As the asset in focus, Bitcoin, shows signs of potential further upward movement, but we need other retracement...
Greetings, fellow traders, investors, and enthusiasts! We've been patiently awaiting a short opportunity on EUR/USD for a week, and now we've identified target levels. While we've seen success with bullish trades, we're anticipating a break and downward movement, just as we discussed a month ago regarding this controlled price. However, the current scenario has...
n a strategic move that has already yielded over 500% returns, our pitchfork range has proven to be remarkably effective. Recently, we shared our algorithmically-driven channel for Ethereum, a cryptocurrency that, when moving sideways, showcases an impressive accumulation of orders and unwavering respect for algorithmic levels. Currently positioned at the 50%...
In recent weeks, our analysis pinpointed the monthly highest volume node, resulting in a retracement that brought the market back to this critical level. Looking ahead, the strategy is poised for a potential shift in the 4-hour chart, with a preference for a downward trajectory before considering a sell trade. The overarching goal is to capitalize on the downside...
Good morning, traders! Ithe EUR/USD pair has recently reached what we perceive as its peak, prompting a strategic decision to lock in profits. Despite this cautious move, the sentiment remains bearish on EUR/USD. The possibility of a bullish market shift, particularly if market makers decide to push toward higher targets, is acknowledged. However, for now, the...