I think that this correction will continue to retrace maybe bouncing off of the psychological barrier of $1500 or maybe bottoming out around $15100 as it picks up a weekly and daily pivot point. Following this move I expect it to be full steam ahead based on the fundamentals for the global economy .
In this video update, we take a look at WTI OIL as the market printed a bearish doji candle.
This could show us a sign that the market phase 1 is slowing down and could be forming
a phase 2 correction. We are looking for the price to break the daily lows on the hourly chart
for short trades on the re-test of the lows. Targets will be $60.00 and previous structure...
Hi Guys this is a quick lesson from today's live chart USDZAR. Most people are looking to short the Dollar today so in today's trading Room I looked at this particular chart and advised that you only open a trade once price has pushed lower and given a short trade set up. You'll see from the chart that it was tempting to open a short on a fib retracement and...
A look at a potential trading opportunity on the $EURUSD along with a lesson on why smart targeting taking can either make or break your trading.
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Hello Trading Maniacs
Bitcoin is approaching the resistance line from the previous downtrend channel - Now, what to do? This video explains what will happen when we touch this line. The people who are still waiting for BTC to fall to 4000 soon, are the ones waiting for the Rolling Stones to make a comeback. Somethings just don't happen in the near future. (It can...
Name that tune!!! I know the title is from some song and i just cant' think of what is it... let me know!!!
Anyway, my expectation from the previous update on 2/15 is playing out with downside price action movement.
Certainly do think we'll see that 10,000 to 9,500 satoshi levels before seeing 12k again.
Someone call a doctor already!
So we hit our target off the double bottom I mentioned in a previous video and it got me thinking what's next. Run through my quick thoughts on what i expect out of price action. Of course, i'll monitor again tomorrow morning and change plans ff needed.
I think the confluence of fib level, I mention in the video are interesting and be curious how price...