See other IDEAS, entries and Exits. Studying my trades and journals, I can see that I need to develope sitting power.
I seem to exit a lot of positions too soon and then I buy back; sometimes in my favor and sometimes not.
This is an area to work on- I am not going to be too hard on myself because I know it happens with many pros.
I am not a pro but I am...
BTCUSD is inside a huge triangle and now it's imprevedibile.
At the moment the best thing is to wait.
“Money is made by sitting, not trading.” - Jesse Livermore
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618...
We are just about to break the upward Trend here and price already breaks the rising trendline on friday.
Just below current price we can find an interesting s/r zone which needs to break before i consider a short entry because price could easily find support here and start to push up again .
Without this s/r zone i would enter this trade depending on the monday...
BTCUSD pair is currently stuck in what seems to be bullish pennant.
In a longer run we are looking at continuation of uptrend
Strong support at $12670 area and resistance at $16630 area
USD/JPY pair slowed down dropping at major support line.
It is expected to retrace up to test resistance at 113.25 area before dropping down again.
This would draw a head-and-shoulders formation.
BTCUSD is currently at it's all time high.
We may be looking at correction down to $5900 area within next days.
We do expect BTC to continue moving in uptrend tunnel after the correction
until Segwit2x .
With Lisk re-branding coming soon, moods are running quite high.
When it comes to the outcome, I believe Lisk will go bullish for days to come with corrections.
We are looking at symmetrical triangle formation, waiting for the break out with possible outcome, long term over $8.50 !
This is an update on current #BTCUSD situation.
It seems like bullish trend may take us to around $4100 following three hills pattern.
Important resistance at around $4020 still to be tested so watch out for that
and keep eye on any fundamentals coming.
Support at around $3813