I watched these movements in real time on aggr trade. It is a few of the same large actors putting in large buy orders, spurring fomo so people buy the "breakout," then, at whatever seems the top, they sell all at once. We saw this at large scale several times recently near ATH pushes. These are not organic price movements, it is the result of bored whales...
For smart people only. Today is a very important day for the "addicts" of this project. 99.9% of people see this only as a material benefit. But only in this way it was possible to translate everything into reality. Although the whole final meaning of the idea is the opposite. People have become "drug addicts" without realizing that they are simply inflated with...
Big players manipulated the price. What we saw in the last few days was a scenario for moving the price up!
So, in this analysis, we see in H4 that Bitcoin it's still in range, but maybe we could see any manipulation zone that we can't to entry in short position. Beware of the market trap and hunters manipulation if you short Bitcoin, until Bitcoin doesn't break down the $17,900 USD, I can't to shorting Bitcoin, but in that case if Bitcoin make successful to break down...
Manipulation or not, I expect this Bull Flag pattern to play out through year end. I think we could see huge one day gains that draw liquidity into the market right before topping out. Eventually, the market has to drop since we have no GDP. Maybe some time around year end we should see the bearish weakness and huge downside potential.
I am highly interested in selling USDCHF if this pair manages to remain below the key structure level marked. My target would be the previous double bottom formation-level marked, remember to always keep your eye on the DXY if I attempt to tackle this pair.
I would think the majority of retail will now be expecting buying continuation after seeing this 4-hour structure break and re-test. Personally, I am more inclined on selling pressure down into the key level marked. This will wipe out the majority of retail SL's before flying to the upside. My current bias is bearish but I am happy to flip biases if we see a close...
My bias going into next week is bearish for this pair but this can flip at any point depending on the price action we see. Sellers have been trapped twice now as shown, banks may now have enough liquidity to create a strong move to the downside, similar to my GBPUSD analysis. I will be patient with this pair and allow the structure to shift before I get involved....
GBPUSD has bounced from the lower level of the ascending parallel channel, the majority of retail will now be loading up there longs, especially after crossing the key structure marked. Personally, I believe we could potentially see a structure shift like the one marked with a strong push to the downside after the re-test. If this doesn't happen then i will just...
Since the election is less than a week away & uncertainty continues to grow due to COVID, I believe SNAP will have no choice but to pullback & fill the gap from earnings last week. Not only is it extremely overvalued, but I don't see it as a good hedge against a possible market correction in the near-term future. The only thing holding it between this 40-42 level,...
A follow up post to related idea I shared below, me and the team got in at the manipulation and are now flying to the upside. Fingers crossed we manage to break this key structural level and can shoot off like a rocket, I will keep you updated.
It's time to start looking at some REIT's. I Bought 2 today. The "Criminals" have been Trashing the REIT's.
Not legal and financial advice; any information provided here is only the personal opinion of the author.
The manipulation stage is still in process, the same targets from last idea are maintained.
Geez, it is Tough dealing with these Criminals (Market Makers) on a daily basis! Bought 2000 shares of ACB , again, on Friday.
We may be a little late to the party on this one but I may consider placing a sell limit from the lower time frame order block I have found. What you witnessed was clear manipulation, firstly we saw price drive to the upside gathering liquidity from the resistance sellers, only to convince retail that price was proceeding to the upside, a strong manipulation wick...
I picked a Shitae Stock! I Sold QD , and, got my Money back. *AT&T pays a Great Dividend.
Not legal and financial advice; any information provided here is only the personal opinion of the author.