🖥️ We have determined there is a 60% chance Bitcoin will Fall from our current entry point.
📉 SHORT - BTC : $19,090 📉
💵 Length of trade: we are expecting BTC to hit a 200 scalp, with a high end of $300, and a minimum expectation of $150.
🕰️ Duration of trade: we are expecting this to occur within 1.5 hours of this signal for the Min. Profit Target. Then we...
Gold looking to trap bulls going into weekly closure heading into 1671 price level
Trade setup is really good Risk to Reward
This is only for educational purposes, trade at your own risk.
Always use risk management, be safe.
I'm looking at US30 long setup going into London and NY, its looking pretty good as we are trading with bullish structure and price respecting some level of area I have marked up.
This is educational purposes only mind your risk and be safe in the market.
BTC is creating liquidity at the moment by making a compression.
Its being made for a next impuls push, i will be watching the price in the green box POI to look for bullish conformation to make a new HH. I will look on the 1 MIN for bearish structure breaking. And create a limit long on the retest
There is still some Supply imbalances that makes it intresting...
BTC broke Out off an downtrend, tested liquidity to the downside and made a W pattern that is a Common bullish reversal pattern.
BTC also broke the structure that made the Low on the chart
Alot off signs BTC looks bullish and is ready to make a full reversal to higher targets
Also BTC Completed a market cycle that consist off 3 Phases:
1: Accumulation Phase
2:...
BTC is in a 15min Compression close to an important point to gain.
High probability market is building up liquidation to then make a HigherHigh push
BTC is in a downtrend so take profits before the target.
This is called a Fadeout play because you take the other side of what normal traders do when a breakout happens in this case is Shorting when it brakes out off...
Yesterday SLP broke out of descending channel also breaking the triangle. We have the first impulse upwards and it makes sense now to wait for a correction and enter the market before the second impulse. I would expect a bounce between 0.618 and 0.786 Fib zones. Also in that area market would retest the descending channel and triangle. Market made a liquidity zone...
The Bears still look to be occupying the better part of the market against the bulls , even though we expect the Bulls to come in place maybe for a correction before market contiues with the Bearish trend.
Jasmy made a huge move up recently, making an extended third wave of Elliot Wave analysis. I spotted a triangle which is a correction/wave 4.The price now is near 0.382 Fib level so I expect a bounce after triangle is finished. I would buy when the price breaks the triangle upwards and put stop below "E".
What do you think about it? :)
Recently Jasmy is showing very clear patterns. Based on Elliot Wave analysis I think we just had an extended third wave and the market should make a correction towards wave 4. Considering the rule that wave 4 can't go below wave 1 I am expecting a bounce above the top of wave 1. There might be a demand zone matching 0.5 Fib level so I will look for buying...
Our strategy is normally executed on the H1 and H4 timeframes, but it also works very well on the day-trading periods as well. In this video, you can see a setup that we looked at this morning, but it's still valid a few hours later.
Don't forget about the NFP tomorrow and that it will bring some volatility to the market, which means if your trades are running...
Lets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high.
Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
Some corrective move on H1 chart. Interesting support level made of two Fibo retracements:
- 61.8 fibo of last upswing
- FE 161.8 based on zig zag corrective wave
- S/R - previous resistance - now support
