Hi traders, In today's video I will look at bitcoin in detail and the latest price action and levels that can be very interesting for a potential support. Of course, cryptocurrencies cannot turn up so easily if stocks are moving down. So it's important to keep an eye on risk-off/risk-on flows and what the FED policy decisions regarding the interest rates. I...
Took profits on half of my shorts. Think we have more down to go to ~20k. that would be 3 waves - ABC correction. highest likelihood at this point imo. 5 wave down still a possibility though. If spy is getting full 5 waves down to ~325 area, then expecting bitcoin to follow suit and take a beating. not financial advice
EURCAD is in bullish price action more likely price will continue moving to the upside. as an impulse move.
audchf has been in a bullish trend for a while and price might continue moving in the same direction for the next couple weeks.
USDCHF is in a overall bullish market but market doesn't move string up or down my view is market will make a short term pull-back before the next rally.
got below my 37.5 and not showing much life. still in an area where there was chop previously and will see what happens. expecting at least 24k at this point. Not financial advice
Bitcoin is experiencing a selloff and that is what we expected in our bearish scenario. In this video I explain an idea to capture the move with an Iron Condor. We are able to set it up because implied volatility is highest in an Elliott wave 3 of 3. This strategy will benefit from an immediate bounce with a volatility crush, or an exhaustion of the selloff in the...
Price action and structure analysis on NZDUSD. Top-down analysis & trading plan. Bearish outlook explained. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hello traders. New video is here, talking about EURUSD, SP500, VIX, GOLD, CRUDE and USDMXN Ahead Of FOMC. No positions here. Want to see the market reaction.
AUDCAD has been slightly Bearish for a while but overall its in a bull market I think now its ready to start the bullish trend.
Bears are pushing gold heavily. We see a breakout attempt of key daily structure support. In this video, we will discuss potential scenarios and the things to watch this week. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
In this video i ago over XAUUSD AUDUSD NZDUSD EURUSD USDCAD USDCHF USDJPY and try to share my insights on the markets for the week ahead.
Important supply area is ahead on dollar index. A highly probable correctional movement is coming. Be ready!. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
D1 - bearish divergence MACD H4 - bearish impulsive structure Looking for shorts.
Our short trade from 13th April was taken out but the bias still remain bearish. This bias will only be invalidated if price breaks above 1.29. Then we will have to adjust our price structure and wave count. With the end of the month this week, we might experience increased volatility at current price levels. Let's wait and see what happens.
Bias remains bearish with long term targets at 0.8965. We still wait for the trade. Wait Wait Wait for it!!!
Price has failed to print a third hammer at 1910 area and has forced us to consider a move lower to the 1825 area which we've previously highlighted. 1825 coincides with the broken trendline on the Weekly timeframe. The next signal to look for is a break below 1890. We can look for sells below this level all the way to 1825.
Don't expect it to get back above 43k at this point. under 37.5 expect it to move quicker and most likely target right now is 20-25k. also a possibility could move down to 12-15k. more bullish scenario possible over 45k not financial advice