Hey traders!! In this video i wanted to share with you a trading idea that a group of traders and I were discussing yesterday on the GBPJPY. Originally we were just looking for short opportunities (and I still am going into the trading day). However looking forward to the future I also wanted to show you how I make trading predictions 7 try to stay one step ahead...
Ripple Continuation down from Descending Triangle
Watch the vid. My Play: opcalc.com Option Fair Value: www.cboe.com An interactive chart will be posted below. Note: IDC how you guys trade, it's your money and your risk, not mine XD.
After my analysis, I have determined that I temporarily disagree with other analyst in which they have determined that a bullish reversal is coming or near. We have been in a negative trend for quite some time now. It astonishes me to see that just cause today Feb 7th, Tuesday has been a decent day in crypto and BTC specifically watching BTC go back up a little...
It is a very profitable pattern that i think it is good to learn. Buying a pull back after a descending wedge is broken
Here'a a look at a potential bearish pullback trade on the XAUUSD