A long-awaited and overdue piece of analysis, my current view of the BTC bull market. These techniques are how I was able to gauge a market top in the previous cycle, you'll find the analysis from Dec 2017 linked to this idea.
Although countless mistakes have been made throughout the years, like everyone else, I believe this piece of analysis will be beneficial...
Afternoon traders, I'm bringing you a quick update on BTC on the 1h chart.
Price structure is similar to the previous correction so I expect a pullback to the 50% retracement short term followed by an 8% decline to close off the week.
Enjoy your weekend!
What's up folks, I've not shared any analysis publicly in some time so I would like to share a short term view on BTC where I see a 5-7% decline near term.
Trading Pair: BTC/USD
Time Frame: 1 Hour Chart
Formation: Bearish AB=CD Magent Move
Once we see a close below $33,820 it's likely we will see a re-test followed by a decline to the region of $31,700 where it...
Excellent swing trading opportunity just formed on EUR/AUD.
Trading Pair: EUR/CAD
Time Frame: 4 Hour Chart
Formation: Bullish AB=CD MM
Price has fully tested the potential reversal zone, I'm currently waiting on the next candle close before entering which looks like it'll be a hammer or doji.
I'll be closely monitoring the progress of price and RSI.
Price has fully tested the potential reversal zone of the bearish AB=CD and it looks good to short.
Trading Pair: CAD/CHF
Time Frame: 15 Minute Chart
Formation: Bearish AB=CD
I was holding off until I saw a test of the 2.0 projection at 0.73485, which happened just moments ago. The main reason being is because of the small S/R range at the AB=CD measurement,...
Honestly, i have a bad feeling about catching the audjpy reversal.. the market price action is showing no sign of reversing or even retracing.. so hopefully i wil expect to see a little consolidation b4 th reversal.. dont just dive in. you wil get burnt.
What's going on traders, I hope you're all doing well. I've been quiet on socials for a while but I'll be putting out more analysis regularly for those interested in what I'm currently trading.
Trading Pair: NZD/CAD
Time Frame: 4 Hour Chart
Formation: Bullish AB=CD
The AB=CD completion is slightly beyond the 2.0 projection at 0.8500, this is where I will...
Update on usdcad price action analysis... if u r stil looking to join the buy party, u r a bit late.. but dont b egad to start selling.. wait for the price to show you the right time...
you could check my previos post for d previous update and others