SHORT from 111.392 -> 110.380.
Why these levels?
The entry-level is from the VWMA cloud, adaptive RSI, and the Anchored VWAP 3rd upper level.
The exit-level is from the Anchored VWAP 2nd upper level.
Stop-loss at 111.640 (24.8 pips)
Amount of account at risk: 1%
After the micro bullish breakout seen on XRP, we believe that the current buying exhaustion combined with lured shorting activity after the first push will cause a two-step stop hunt.
This would be the best scenario to place shorts on XRP considering that its legal issues have not been resolved yet.
We highly encourage you to manage your risk by scaling your...
We are manipulating lower on this pair right now, breaking this ascending trendline, but we have not broken the trend. Seeing these third drives to the lows, I think I will wait for the daily candle close to assess this pair for potential longs
After price reached the target of 1,1710 we then looked at the possibility for the next target- 1,1640.
However, prise has been moving in a range of 30 pips for two days now.
That means there's equal buying and selling pressure and it's very likely to see a few misleading moves.
First we could see a drop down to 1,1700 just so more sellers could enter the...
Watching for longs on this pair, ideally I would like to see a stop hunt into the 78 to 88% fibonacci before jumping in this trade, but the long term swing of things is looking really nice for this pair!
As I mentioned in previous posts, #BTC reached a significant resistance. It seems that it tends to touch the middle of the side-way zone. considering the volume profile of the last up trend within this side-way region, one can see the important levels. I believe that regions around $38200, $34200 and $32200 are possible targets for down trend.
According to the...
THIS IS THE DEFINITION OF A STOP HUNT!
we've all seen how the dollar has exploded over the past couple of days but NZD is not giving up without a fight you can see that every time the kiwi goes below .695 on the weekly candle it rushes back up before the week is over.
now fundamentally speaking, WE KNOW the RBNZ (New Zealand Central Bank) will be raising rates...
This is a situation where I see a possible fake breakout. Price broke out of the long term blue trendline and is forming a head & shoulders . In my opinion the fundamental bias for this pair tilts to the downside. I think if we see price breaking back below the trendline there could be some violent moves down as possible buyer stop losses get...
market move start when every one convinced that they are in right side...
moonboy long on knowledge, short on market...
time to see price is runing and we have to get on back track before it take verey late...
every damn accumulation have to consider distribution for god sake
Good afternoon ladies & gents,
Crazy good day today. Opportunities every all day on all pairs.
Here's a little freebie for you.
USDCHF has stop hunted a significant daily low & previous H4 Low.
After breaking market structure we have our lower timeframe entry confirmations to look for a long.
The Monthly + Weekly indicate a rally in USDCHF.
In light of...
I backtested @FXCM 's ideas 100 times with several strategies.
This research contains:
(1) If it is worthy to buy cheaper than @FXCM 's signal.
(2) If it is worthy to hunt @FXCM 's stop loss.
(3) If @FXCM 's signals take profit too quickly.
(4) If the price approaches @FXCM 's target, will it go back to buy entry?
There are 5 strategies in this test case.
Regards to Elon Musk opined about environment , Bitcoin dropped !
Well, I believe whales are trying to collect retail bitcoin holders capital, and all this concerns of environment and fossil fuels and etc are shit !
nevertheless it's my Bitcoin analyze for coming days