G'day, Firstly, welcome back to 2024. It's been a good start with some great consolidative moves within trading ranges, but now let's see the longer term movements for this pair of focus. GBP JPY. Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading...
Good morning everyone Grab yourself a cup of coffee and enjoy this quick scan on Bitcoin! Bitcoin has been consolidating overnight, shedding a lot of volatility, and opening up a window of opportunity for a Long and Short scenario on the coin. Make sure to check the video out so that you don't miss a potential entry on Bitcoin! Also, please leave a comment...
as we know market is in crashing mode we have to take extra care n keep the down trend in mind as we mark the supply zone as per option chain data 18000 is good support few days ago now market breeze this level n now it will act as strong resistance.
Hi traders, we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down! I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet. So that´s...
Hi traders, I opened the NYSE:CXO SHORT yesterday because INSIDERS increased their SHORT positions. This information alone is not enough for me, because they are often in the market too soon... BUT! We escaped from the Value Area (Trading Range) which imprisoned the market for about 10 years! And this is already a strong confirmation of the possible short...
Howdy Yall! On this episode of The Trend we take a look at how an asset sets up a foundation for further moves. Its important to understand some of the psychology which applies to both traders and investors when evaluating an asset. Here we look at BTC and its current trading area along with historical trading area's for comparison. Several times throughout...