I still think we break to the upside and this move is just to shakeout weak hands. Asimilar trade i took mid august on alice and I was weak with my resolve, lost a lot of money and watched it v back up to my target. Don't sell unless its invalidated. Link below to the original chart. Consider a Donation: BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694...
Likely BTC/USD ABC correction in play. Notice the confluence of extensions and key levels. If compared to the 4 hour downtrend line (in white), a bounce to 56k would still make a daily downtrend valid. Meanwhile the recent bounce off of $47.1K could be a potential support but the more likely scenario is a bear flag and an ABC dead cat bounce. Zooming out to...
Looking at the GBPUSD monthly rejection point also known as support and resistance lines or memory. GBPUSD was currently on a weekly low and moved very rapidly to the south with a strong rejection at 1.32551. This could signify a change in trend or a continuation of previous support or resistance pattern, I'm risking 20 pips on this trade with a 2/1 R/R. 2% Per...
Many of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm? Skepticism in hand, there are a few news articles popping up...
Trading Plan: 1) Pending for FVG filled in 4HR 2) Pending for daily OB being violated due to liquidity 3) R1-R2-Fakeout or R1-R2-R3-Fakeout anticipation 4) Good RRR 1:10 at least
weekly OB level EQ remains untouched. pending for fakeout to meet BSL purpose.
Still learning but potiental fakeout with short on gbpjpy Tips and advice appreicated
Trading Plan: 1) CP Sell with Yellow Box plotted shown demand zones cleared. 2) Pending for Fakeout setup. 3) PO at two OB above CMP (Current Market Price). 4) Good RRR. Target 152.5x
based on daily channel we expect more dump here but it can be just a simple fake breakout and if the price enters to the daily channel again it can sharply pump to the target that is indicated in the chart. This is not financial advice, always do your own research. If you have any questions fell free to ask, you can write it in comments below and I will answer.
The pair is currently bearish and hopefully, it will go down to get some profits
We will likely see the top or middle of the trading range again once we break back above the supposed "neckline"
It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... Here we are back on Gala........ Congratulation to those who bought the dip .................. This is your host k9100............................ back at your service He fellas What's Up don't panic guys it is liquidity trap...
It is not a financial advice am not a professional I don't take responsibility for your loss Just for educational purposes....... Here we are back on NU........ Congratulation to those who bought the dip .................. This is your host k9100............................ back at your service He fellas What's Up don't panic guys it is liquidity trap...
short position ending the fake move of the week. also the price can go to the liquidity lvls (1.1, 1.272,.....) so dont forget those fibo levels
KAVA is just at the end of a DESCENDING TRIANGLE which is normally a CONTINUATION pattern or BEARISH PATTERN. DAILY TF we are breaking to the upside, but if it does not complete it is a FAKE OUT and we will see a RETRACMENT. If it completes we have the targets as follows. ENTRY 5.7-6.0 TARGET 1 $6.5 TARGET 2 $7.1 TARGET 3 $7.5 TARGET 4 $8.2 TARGET 5 $9.50...
1. HTF: Broke above a downward trend, retesting support but could not break it. We are the HTF Support Zone also marked on the chart 2. LTF: We are currently on the SUPPLY ZONE, we should have a sell outlook
Shiba is still super bullish. NEW ATH INCOMNG The "bearish" you see is just result of fear stop loses liquid leverages and people who took their profits. New buyers are get in to the market.
Markets move to hurt the most amount of traders. This is most likely not a fake-out but in fact scared traders, burnt from the last fake-out, selling into the hands of whales. Why: We can see BTC moved over 60% / around 25k increase with no real pullback! It is about time to give BTC some breathing room; no market goes up forever. This is an ideal base for...