GOOGL Over the last two days printed a 2 candle pattern known as the "Bearish Counter Attack". See the linked attachment for diagram. It occurs when there is an up day, followed by a gap up open that is sold off, finally closing at the same price (or very very close) as the previous up day. As seen in image, according to this research this is a rare pattern that...
This is about HFT's and a counter offensive against market manipulators on the DJI.
It is an unconventional and risky strategy. I share with everybody. But if carefully studied and managed can be quite profitable in relatively short periods of time, like a few hours.
To appreciate and engage this:
1. Multi-timeframe analysis is a must.
2. Trend following...
After eleven days strong drop, Finally AUD printed a pin bar. 0.68 level is the lowest level since January 2016. Probably Counter attack will come at this point. Price could break hourly Down Trend and test Daily down trend. Chase for coming candles.
Entry Long : 0.68279
Stop Loss : 0.67443
Take Profit 1: 0.68843
Take Profit 2: 0.69543
This is not an...
just a quick overview of Monero / Bitcoin and my idea.
I will watch this and see what happens. We are facing the Bulls defense now and I expect a counterattack.
I will wait for the Breakout and follow until Midfield. :-)
Peace and good trades
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