Can you hold for potentially 10years before seeing a return to these prices? Do you think the game is to make you rich?? GTFO The creators of it might be being held from us. I like the concept BUT it's a little main stream nowadays. Crypto was cool AF back when I was buying BNB at $7... Held that for over 4 years to see a return = $285 - $390 & I sold early...
Break of the recent lows will flush out you all. Make you hesitate and you'll miss the entry. Where you have a stop loss I have a buy order. LET US GET THIS MONEY TOGETHER!!!! NOT FINANCIAL ADVICE!!!!
FOMC Minutes is coming today. Yesterday, EURUSD rose to 1,0952, but failed to continue and a drop ensued. Upon crossing below 1,0896, we expect the downside move to continue. The first support levels are at 1,0840 and 1,0785. A key resistance level is 1,0952.
As I posted in the previous analysis, the price reacted well to the desired level. If you want to see analysis and updates, please follow and like. The same target is still in place I will update if it changes
More STOP LOSS HUNTING is currently still happening. Price has been take to the 1.38500 zone for the 3rd time. This has given us a perfect RISING WEDGE PATTERN - a BEARISH SIGNAL. The 1.38500 zone is where market-makers are taking out STOP LOSSES. Their real intention is to SELL.However, that won't be made obvious. We have jumped back in with SELL ORDERS. We aim...
We are still Holding the SHORT overview. Waiting for confirmation on the POSSIBLE TRIPPLE TOP.
Price stayed for awhile tanging around 1.62000. Also 61.8 retracement level which would have induced retail traders to take long swing positions. The fast drop for 3 days looks like it was a STOP HUNTING Party. We are now Looking to trade it SWING LONG to 1.27 Fib Extension. Our Final TP. Taking smaller positions above the channel as we head to 1.27 Fib LEvel.
Last week we had massive stop hunting for USD pairs. I am looking to stick to my guns and keep the projection or a deep 78.6 Retracement before we go LONG SWING.
We are looking at a conflunce of Events at area marked A: 1. EMA channel still holding Trend 2.Trendline Bounce 3. Support Turned to Resistance 4. Whole Number 5. And possible Dumping/Stop hunts earlier in the week when price moved fast to that zone stopping al those who took Short position early.
Wow, last week was intense. Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained. Although the direction is unclear for next week, I have illustrated my bias. I may be wrong but at least I know that stop hunts are out of the way and...
Bitcoin possible having a “false” trend line “breakout” for traders for taking long trades as price still possible forming a bearish triangle pattern..
At this level we see prior highs and lows all the way to 2020 rally. It does not hurt that the kijun-sen and supertrend (standard setting) are also located at this exact level. This is where traders put their trailing stops or normal stops. The market sure does like to hunt those stops as big players like to fill their orders at these levels when people get...
Basically London did nothing today, I recognize a range and think that we saw a stophunt low before the US start, and now the stophunt high at the daily P pivot. Since the SHL happened first, it should now go down after the SHH. Pattern is as an example in the chart In addition, the basic idea is still bearish for the week. See previous idea Greetings
#Bitcoin #4 hour #Binance #Tommy - 4 hours of Bitcoin. BTC broke the blue downtrend channel upwards on 3/1, but BTC re-entered the channel again without showing any retest support at the top. - Since then, BTC is moving towards lower highs and lower lows with resistance from the black inward trend line. In the case of a break above this intrinsic trend line, I...
In my opinion, the price can reach higher levels. . We can specify a more accurate entry point by going to the M1 time frame.
Honestly, contrary to all the good news, I'm a bit bearish on BTC. It was probably just a stop hunting, But according to the chart a bigger price correction or Deeper Dip can happen. Be Careful Reminder: Be fearful when others are greedy and be greedy when others are fearful. Warren Buffett
GOLD possible forming an expanding triangle in wave iv ( Cyan/Light Blue) where price could break 1747.56 First Just for the "Stop Hunting" before trending up to around 1780...