AUD gdp red news might provide strength to AUD. Remember anything can happen
Thanks for LNE and Botje11, who chat with me a little and took some interest in my words. Both are superstars on Tradingview, I trust their TA work. Those of you following me KNOW I take the best TA work and draw my own conclusions. This is because the MANIPULATORS do their own best TA work and then do their own manipulations. THEY BUILD ON CURRENT TA, FOLKS and...
Considering the 3x Big Bearish Candlesticks are eating up the Demand from April 12 2018 I expect a touch of 7000 to occur From current price that is 850 Pips on leverage DOWN If we experience consolidation, or an accumulation of orders above 7250 then we may see a bullish continuation The move we would look for is down to 7200 by New York Session Thursday May...
Noticing Bearish sentiment on EURUSD and right now I am looking at 1.17 by Tuesday London Session to confirm this directional bias... IF Price comes towards 1.18 notice what happens because there is no clear zone of Demand established and in the bigger picture we are currently DOWNTRENDING The Trend is OUR FRIEND Trades ideally are a minimum of 3:1 reward vs...
Dear Artemis, I have noticed that Litecoin is touching a thin line, a thin line that connects the high of April 5th 2017 with every significant low that Litecoin has had during the last year. A line that represents the uptrend with the dreams and ambitions of every bull; bulls who have managed to erode the downtrend in margin positions and are outnumbering the...
I'm predicting that within 15h we will see a pump no higher than 8599. I do think that we will see a closing weekly candle this week below our open (showing a down candle) and it's forming a nice Hammer Reversal candle which resets Tone Vay's infamous TD Indicator count back to a 1 for next week which coincides with Consensus. I'm predicting a volume spike on...
This post is focusing on a trade in the stock market with Facebook I made a few days ago. I recently posted a cryptocurrency analysis on Substratum and mentioned that my strategy on trading is very simple, relying heavily on sentiment to make my trades: . This trade is an example of that, although I may have also gotten a little lucky. With Facebook's data...
Although forming a small green harami candle on the daily with little volume, there are bullish signs for Bitcoin on the hourly. -8EMA, 13 EMA, & 21 EMA are crossing over which tends to be a strong signal when supported by other factors -Volume is picking up -Price action managed to break above 9200 resistance -Altcoin market performing well today If we see...
Hello, I'm Sean. I've been trading cryptocurrencies for a few months now and as I become more serious about trading as a full time job it only made sense to document some of my trades and contribute to the community I have learned from. Now that's pretty much it for the introduction, let's get right into it. Quick note: My trading strategies are simple. I read a...
We have been hearing some negative sentiment in the market, about how the next recession is near and coming... The thing here is you need to realize where you are 'hearing' such news from. Ahem... most of the time, likely from the news or media. The question here is are they really that reliable? Well... based on our analysis (not the AUDJPY of course), we are...
You may be wondering: Why the sudden price action in what looks like a clear down trend? Why did Pantera move the market? The short answer is: The Great Bear Squeeze. They have eliminated like 40% of the whole bear population in just a single swift move. Easy money. At first they went short. They painted a triangle at the bottom of a down trend and tricked the...
Right now Bitcoin 0.81% is trading at a key price level of 8250... price has been consolidating at this quarter level for several hours signaling low levels of demand. When buyers are not willing to purchase bitcoin 0.81% at higher price points this is when we notice things slow down as it is right now on the hourly time frame Daily trend is still "bearish"...
Hey Traders! GBPAUD has been very volatile over the last 48 hours and we are seeing the possibility of a very high probable sell opportunity setting up. This has potential to be a low risk, high reward trade and we are looking to take sells at 1.837 We have a 61.8 Fibonacci right at the 1.836 price level so to see one last extension beyond is a possibility,...
BTC has bounced nicely from a higher low and broken the linear downtrend on my graph once again. Unfortunately there are many ways to plot the current correction/bear reversal which do not all indicate a bullish breakout yet and this linear resistance has previously been broken and fallen back through showing that uncertainty and fear still weigh strongly after...
Update from my SHORT AUDUSD call I wrote posted here , currently up +340 pips across the two lots as price is nearing the target area of the 3 Drives Pattern I drew in here . On March 14th I absolutely nailed the coming decline . Do yourself a favor and check out that post. Confluence : Relevant confluence around target area include the 78.6% retracement,...
Three areas labeled in the chart could serve as support for the falling EURUSD. 1). Area around the center of the descending channel. 2). 50.0% Fibonacci Extension 3). 61.8% Fibonacci Extension and round 1.22 level. I'm still short 3 lots and up +200 pips across them in total. Will keep a close watch as this is a countertrend trade, although trade sentiment...
BTC could go to $$15,000+ if it crosses the first red resistence line as the surge leading into the proposed flag is about $3,000. Let's see...
These are all the possible outcomes of the market and the colored areas are bullish and bearish areas, but they can also be inverted for short selling (at your own risk, I don't recommend it!). Using this chart we can find points in which coins look cheap and buy them, by buying them cheap relative to the market in a previous time we put the sentiment of the asset...