The equity trading algorithm closed its short position of TLRY. Date of short opening: Oct 23 Date of buying to cover: Oct 31 Trading system: bit.ly
The equity trading algorithm opens a long position in KDP - Keurig Dr. Pepper stock.
Stop 100 @1.32070 Target 200 @1.29070 RR 2:1xWR 3.7:1...second attempt but increased odds
Second attempt--->Exited my last try @113.125 with 37 pips loss...second attemp is always 100% winner Stop 100 @111.800(just in case but no needed) TP 200@114.800 free money
Fixed Stop 100 @128.400 Live Stop VARIABLE @CheckUpdates Fixed Target 200 @131.400 Live Target VARIABLE @CheckUpdates
Here are the confluent algo zones, pattern targets and fib support. We can see 3 major clusters of likely support from the profits that algos take from their shorts, combined with the targets of the thrust from the potential elliot wave triangle(Needs to break the low to confirm) and the .786 fib retrace from the major wave structure and the next high volume node....
100 pips Stop 200 pips Target RR 2:1 x WR 3.8:1 x 76% odds Stop 114.350 x Target 111.350
5:1 win ratio 2:1 gain ratio 100 pips stop 200 pips TP
GBPCHF Level 0 SHORT entry @1.29900 @LiquidatorAlgorithm TP 200+ 50 pips Stop Loss
GBPJPY Level 0 LONG entry @148.206 @LiquidatorAlgorithm TRAPPED SELLERS
Level 2 SHORT entry @1.30220 @LiquidatorAlgorithm TP 100+ pips Max draw 25-35 pips
Swing LONG entry @1.66993 @LiquidatorAlgorithm
Swing LONG entry @1.28375 @LiquidatorAlgorithm
Level 1 LONG entry @0.70500 @LiquidatorAlgorithm
On a middle term range BTC looks bullish . Price already broke out of the local trend line , RSI is above 50. In the other hand, local resistance couldn't be tested, we might just have finished the 3rd Wave and will start 4th Wave on the next days. In the short term (next 2-3 days) price will probably bounce down making a short position look very attractive.
Analysis TLDR - Expecting bullish divergence in play to continue. Long term green support range holds. Wave analysis shows first wave of a megatrend to be complete at ATH. A retrace of this wave is expected between 50-61.8% ideally. We're at 50% now. Algorithms also expected to buy the .5 fib, target -0.236 (new ATHs). Algo involvement evident in...
My algo (The Pequod) has detected a buy signal on the long term chart in the shaded area. Max tp is the green line. This trade will obviously take months to develop, and is being posted months in advance.