Hi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. Trading Bitcoin NOW can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for...
We are at a strong level and need to see confirmation of either long continuation of the trend or a pullback to profit off. Look for a double conformation signal for entry unless you are a scalper. The trade is coming soon and don't miss out on some nice profit.
3 Main Topics:
Naked Chart Analysis
BBMA Analysis
Lesson that I learned for the week
I actually haven't included the third part on the video, but I'll just share it here:
In the past few days on this week, news has been so misleading. I shared on minds my hypothesis about CPI where CPI doesn't really affect gold price that much upon checking on past...
Hi everybody. XRP have a medium correction and now trades around 0.496. From this point i waiting growth to near bulls target 0.5140. Follow this idea )
For traders (lower timeframe):
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
For investors (higher timeframe):
In the higher timeframe, it looks like we are doing a wave (4) down which should be followed by a wave (5) up....
For traders (lower timeframe):
The primary expectation is now that we will go back into the wave ((b)) area to take out the previous high. That would mean we get an additional correction up as a wave ((b)). This move should be followed by further downside as a wave ((c)).
For investors (higher timeframe):
In the higher timeframe, investors should wait for the...
For traders (lower timeframe):
As forecasted we saw more upside in the FTSE. We now reached areas from where we can start to reverse. We are looking for exhaustion signs to end wave ((y)) and wave W.
For investors (higher timeframe):
In the higher timeframe, investors should wait till the higher degree WXY correction is finished.
For traders (lower timeframe):
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). In our move down, we should first see some upside as a wave ((b)) or wave ((2)). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction...
hi Friends lets look at BTCUSDT market data. We have big volume of bulls are closing and then bears purchasing this contracts. I mean we have a bulls accumulation process on a market. Have a good trades.
Hi friends, like you see on my video on GMT we have big volume of bears purchasing (bulls close they position and price go down). So there is a bulls accumulation process on a market. Have a good trades.
The primary expectation is now that we get an additional corrective leg as a wave (y). The wave (y) should end wave X. This move up should be followed by more downside as a wave Y.
The primary expectation is now that we will go back into the wave ((b)) area to take out the previous high. That would mean we get an additional correction up as a wave ((b)). This move should be followed by further downside as a wave ((c)).
We made a new high and this supports the scenario of another corrective leg up as forecasted. This means we can see some more upside to finish wave X, before reversing down as a wave Y.
The primary scenario (in green) is playing out and it looks like we finished wave (X). We can expect more downside as a wave (Y). In our move down, we should first see some upside as a wave ((b)) or wave ((2)). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Daily/4h time frames analysis for EURUSD.
Price action & key levels.
Potential scenarios.
Trading plan explained.
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