Loads of people were demoralised on Friday 6th August 2021, when Gold took an amazing dip south. That was part of a 30 min trend switch. But - as I always say look higher. Now strangely, I am actually bearish on Gold in the long run. However, the technical picture is showing something different on the 1D time frame. And there are conflicting trends on lower...
My mistake was not noticing the glitches in the futures, I’ll be honest, it’s not the strongst Accumulation I’ve ever seen, and also it was a tricky range, I thought it was a distribution until the very end, but noticing the strong bull movement in the end made me to check again the chart and see the change of character in the end.
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Looking at the chart, seems like the UTAD & Preceded test were successful and the change of character is completed, all we have to do now is wait for the price to break the support line, and look for the LPSY i don’t own Bitcoin right now, I’ll position myself when the Distribution will end
SHORT 🩸 Bearish Flag Chart Pattern, Historic Resistance Area Our previous idea produced +1000% profit : RELATED IDEAS, "Smart Long 🧠 Bullish AI 👾 Machine Learning (ML) Idea ⚙️" Let's see our actual position. BTC/USD BTC /USDT PRICE ACTION HIT POINTS: - Price hit Historic Resistance Area (red area) - We detected Bearish Flag Chart Pattern (red channel's...
This is about to happen already I just did move the lines, and adjusted the right candle since we were using Ashi that time. Refer to my previous idea, I wont explain much I dont have crypto already only FIATS <3
LONG BATBTC on breakout. Simple. It's obvious just from a simple glance at the line graph of this chart. No candles needed. A few months from now, when we're at peak bullrun and everything is exploding, you're going to be wishing that you had patterns like this to look at. Out in blue-sky territory, there isn't that much to guide you in terms of when the...
Alright people, are you ready to meet my bull face? I never actually removed my laser eyes anyways :))) There's a bull inside of every bear and vice versa! Let's start with, the bad news: Redistribution is invalidated, no more 20k in the horizon. The rally from 30k has set the end of redistribution scenario which has always been the possibility and this also...
This how manipulation is done after BOX pattern
Here's the P&F chart update for Bitcoin after the Amazon FUD. We have a reversal bar to the downside which is bearish, but in order not to become overly bearish, i'm also counting for a possible reversal to the upside for the next column. Ofcourse we should expect a reaction in these reversal bars. In fact the current reversal could be the reaction itself. 30k...
This is a follow up chart for my previous post . Find the link attached below
I wasn't expecting this move, but that's what Bitcoin does :) Last time we were at $40k, i sold all my Bitcoin and exited my positions. Even this mega short squeeze didn't reach my exit levels, so i'm still in profit and have more purchasing power. This could change ofcourse and when it does i won't hesitate to go back in. Let's review what we have now; The...
Wycoff accumulation around a point of interest Price is getting ready to reverse at a 4hour institutional candle. I hear the money is made in the waiting so this is a longterm buy
Hey Guys, NZD CAD just came out of an accumulation on the daily timeframe, confirmed by the most recent break of structure, so our overall bias is long. But scoping in on the 1 hr timeframe we can see re-distribution, so we will not enter long yet, instead we will wait for price to go lower, and we MUST see accumulation on lower timeframes to go long, if we don't...
Last time we covered Bitcoin we introduced the Wyckoff accumulation pattern. The continuation did not follow the exact pattern. We rather saw another so called "Test" below the 30k line and are moving upwards since. Currently we look for a breakout above the 0.5 Fib line and a follow up retest of it as new support. This would give us a good setup to move towards...
Hash Ribbons tells us to remain patient for the buy signal as capitulation continues MA Ribbon suggests further downside, but price is at Weekly MA support Bullish broadening wedge in the making, not yet confirmed Buyers vs sellers accumulation zone in yellow Based on the January 2020 VPVR model:
XAU has managed to break the two-week range between 1797.00 Upper bands and 1750.00 lower bands. This consolidation comes as normality after extending a steep decline right off the 1900.00 zones as accumulation now shapes into form. A projected re-test of the established mid-range sees a short entry opportunity toward 1775.00. This establishes a confluence...