We're expecting to see EURUSD in our sell zone, slightly above 1,0700. This will be a good moment to enter and have a good risk to reward ratio. All stops should be placed above 1,0780. We're definitely not trading to the upside because the market can easily reverse before the sell zone. Entries only after a confirmation from a candlestick signal! The target...
Hello Traders 👋 This is a small attempt to analyze the BTC/USD through the lens of historical time cycles. I can observe, on this monthly log chart, a 4 year correction cycle -- 2014, 2018 and now in 2022 Previous corrections: 2014 Dip = -86% 2018 Dip = -84% Current Correction: 2022 Dip so far = -74% The previous bear markets ended with a dip of...
Hi fren, After dipped around 40$, LTC could go back quick to around $300 in july I think. Nice trades! #doggonacci
We're still looking for selling opportunities on EURUSD That move up from yesterday brings us back to our previous idea where we looked at price possibly reaching the zone around 1,0700 to give us an entry. That will allow us to have confirmed entries with a better risk to reward ratio. We won't be looking to participate in that move up but instead, wait for...
well $ASML is something that I bought at the beginning of this week. the 43 correction from the top encouraged me to do so. we don't care if the correction will go lower, because we are thinking in terms of decades
In today's post, I will do my best to bring an objective analysis of the current situation compared to all the available data we have on BITCOIN! Let's start with the current situation. How can we describe it? - On the 21 of April 2021, the bearish market started. From that point, Bitcoin never made a significant movement above that level. That's why I consider...
Yes initially I wanted to wait for the deeper dip but I am liking this level here so will put in a very small position for the correction. Note its a small position due to the riskiness of the trade. Put a buy stop slightly above. Literally catching daggers! If it works its a 2.92R ....well its actually 20% of normal R!
Hey, $20K is holding for now... (well was reclaimed) but this was just too easy in my view. I do believe we will see another wave correction down to the earlier accumulation area. What is your view? Feasible? Possible? Unrealistic? Share your comments!! Super interesting topic imo and really want to get as many standpoints as possible. Your ST Team
Looking for a correction down. We have strong resistance for the monthly kijun just above at 1.3090-3100 zone. That should be hard for price to penetrate so I am expecting rejection from there and we correct down. R should be about 2.69
he general trend of most cryptocurrencies is to fall, and if bitcoin does not finish its correction, we have a fal Be sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer This is just idea, not trading advice, use at own risk. reasons: It is recommended to buy in this price limit It is mandatory to pay attention to the stop loss...
Today is due the most important type of news for the market - FED Interest Rate decision. We're expecting a 0.5% hike and that is most likely going to happen. What we need to find out is what follows after that. We actually think that those rumors have already affected price by pushing it higher prior to the news. It's very likely to see price dropping and...
The market is current at support. It is about to complete the third touch of descending pattern to go for its third touch the market will move up.
Update to my previous post w.r.t. Goal Target and bigger picture count. Rather than Goal target of 1400 in the last idea where I mis-labled my count, I think this actually will go to 1794 to complete primary wave 5. 1794 is also the year of Elon's birth. Below Primary is wrong: The way I estimate projected waves 5 is not conventional, but it has worked for me....
Looks like the flag on the 30min-1hr timeframe is developing as a 3-3-3-3-3 Contracting Triangle for upside. I believe we are starting the 3rd leg of Wave 4, which should take us up to around $4180 hopefully by tomorrow, followed by Wave 5 to around $4100 thereafter. We should see the larger time frame upside move towards ATH to resume after completion of this...
D1 - Price has reached a key resistance zone. Bearish divergence. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
if you are someone like Warren Buffet or Elon Musk or any market makers who bought BTC under 10k and sold it 40k, 50k, or even 69k right ,think it with your self , why shouldn't buy again at 10k ??? BTC after every ATH takes 1 year rest and correct it's price more that 80% and it's worth to buy again ,guys just be patient and every moment that u see price about...
The freefall on EURUSD continued yesterday as well. It's possible to see price trying to breakout of the 1,0400 level again. Tomorrow, we have important USD news and we would expect a pullback. Right now, it's probably best not to trade but to wait for better entry levels. There are going to be some big moves during the news and we will be looking for...
Hello traders: Last 1-2 weeks ago my overall view on the lower time frame for GOLD was to wait for bullish price action to have a potential buy in short term. Price however didn't form the continuation price action on the lower time frame for me to consider any entries. Instead, structure/pattern can evolve, and in this case, instead of a bullish...