Price should reach that level first before any ENTRY or an entry will be on a break below because we are bearish for now but a break above top line (red line) we'll no longer be in a bearish mode
Follow as always
Good luck traders
Thanks for reading ✌️
In this post, I'll be providing an easy yet comprehensive explanation on the Evergrande crisis, and why it's important for us to understand the situation.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own...
Have you ever noticed that when a certain currency pair rises, another currency pair falls?
Or how about when that same currency pair falls, another currency pair seems to copy it and falls also?
Currency Correlation Example
If the answer is “yes,” you’ve just witnessed currency correlation in action!
If you answered “no,” you need to stop doing less important...
Trading is all about winners and losers. A Trading View (thanks @TradingView) is all about how you see the charts, time frames and risk.
When I called the move down back in March, it was not that I was Bearish, wasn't stirring FUD - it was on the back of being Bullish from 2011. As a professional investor, you need to take the good with the bad, the highs and the...
I was inspired by CryptoKaleo's post (original post below) on the "Next Tech Bubble", where he predicted a tech bubble to take place in the coming years based on the fractals of the 1998-2002 Dot com bubble market price action.
Disclaimer: This is...
Have you ever wondered what "key sectors" are and what exactly are in them?
Look no further!
While there are many funds to look at, these ones helped me simplify my outlook on the Market to help guide my trading decisions.
Here is the resource I use to find this info: sector spdr com (Apologies, I cannot publish with a link since this is my first post and I'm...
In this post, I'll be breaking down Bitcoin's market cycle theory, explaining my perspective on the target and time period I have in mind for this bullish rally. If you've been keeping track of my other posts, you'll notice that I've been very clear with the fact that the overall trend remains bullish on Bitcoin, as much as the short term trend may appear...
What is your opinion on NFT's? Do you see them as a new trading instrument? or is it just another hyped 'BUZZWORD'???
Being a long time investor & trader, I have witnessed over the years - things that come and go, in the venture capital world we call this Buzzword Bingo. You get hype curves in sectors that may or may not take off. Always chasing the next shinny...
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is a analysis on .
Pair : GBPUSD
Time-Frame - 4H
Biased - Bearish
Chart Pattern - Head and Shoulder
An chart pattern has been identified with other confluences I look for before taking a trade and based on this i see a potential 300 pip move .
Right now we're looking at two options on EURUSD. Both of them for short trades.
The first one and the most likely one, includes another push up today, price creating a higher high and entering the reversal zone.
In this case we will make our entry only when we get a candlestick confirmation, such as long wicks or an engulfing candle.
All sell ideas are off...
This post will be an extremely comprehensive and extensive analysis on the US Dollar.
I’ll be explaining the history of this currency, the situation we are faced with today, and what this implies for our future.
This post is lengthy, and can be difficult to comprehend if you're a beginner investor, but I've made it as digestible as possible and I highly recommend...
*NOT FINANCIAL ADVICE: This idea IMO for personal use only*
Very bullish on this one and will be a long-term hold strategy.
Has the potential to do another Solana since it's their DEX exchange and built on their technology.
At the time of charting this it ranks #125 on coinmarketcap with market cap $511M...
As you will see going back to March the 18th;
BTC has been very respectful
It has made a few strange moves lately, but as I say "it is BTC, expect the unexpected"
We have also had 18 months of CRAZY...
hello traders , today i'll talk abouut my favourite tools
the Fibonacci retracement tool is extremely useful and it help us to find the strong resistance and support area ( 0.618) .
How to use it :
Drawing Fibonacci retracement levels is a simple three-step process :
In an uptrend:
Step 1 – Identify the direction of the market: uptrend
Step 2 – Attach the...
My entire trading strategy is built around how I draw and utilize Fibonacci levels. I use Fibonacci levels to determine precise entry, target, and stop loss placement in combination with other technical analysis methods. The biggest problem I see with a lot of traders is that they do not know how to draw Fibonacci levels properly. So I will show you my method and...
Pair Name : NZDCAD
TimeFrame : 4Hrs
Direction : Short
Type : Swing
Target Range : 85 Pips
Hit target 1 +40 pips gain
more downside possible
Neat and clean chart with clear setup, no junk on...
In this video I go over my outlook on the market and what I think the future holds for the SPY, QQQ and a few other stocks. I also give a few swing trade ideas as well as go over a recap on a FB trade I executed. I will be trying to make these videos daily starting next week as I mentioned in the video> I hope you all enjoy the videos and I appreciate any...
Here's a little info on the reasons for investing and the types of people in investing crypto currently.
Crypto was first introduced in the year 2009, in the wake of the global financial crisis, as a way for people to control their own money rather than the banks and the government. So, this is the first perception, humans want to feel in control, they desire...