Title Says it all. I bought at 1431 around 7:00 a.m. eastern time U.S. thinking it would bounce back and beak the highs. It didn't but I held on because I KNEW WE WERE GOING HIGHER. Then I saw that the price came into the 70.5%. retracement (See Chart) and I was holding on no matter how low it went because I kne we would eventually get to the 1443 (at the very...
I'm Bullish on Ethereum all the way. Now yesterday I made a call and so far we're still in profit from that call. However, there was a drop in the middle of the night (London session) That made me take a step back and look at it from another perspective. One thing I do is I usually don't measure wicks on the fib for entries to trades. However, this could be a...
This is what that short might look like. There's a bearish order block just above the Unbalanced Gap on Jan 19 at 2100 CST at the price of 1396.05 I'm leaving quite a bit of room to be in the red because I see a possibility that it could spike throught the high once again before the fall so I added an extra $10 to the high. But I've been saying it for two days...
Nothin but upside from hear as it just cleared an intermediate high. It's going higher
It will then hit a bearish breaker causing it to retrace. At that time will be the time to pull the trigger on GU AND EU as they're both breaking/near lows.
I normally wouldn't try to make a call on something like BSVUSD. But when the bearish order block just happens to align perfectly with the 70.5% retracement level, I have to say something about it. So don't get too excited, don't get the FOMO. Wait patiently for the correction to hit between 217 and 207 and that's when I would likely be entering the market. If...
Ethereum may be gassing out due to exhaustion. However, it may just be searching for liquidity which it will find just under the receent equal lows about at the 150% extension of the current High and recent low/drop. I suspect it may come back up as a fake out and fall short of the high due to the bearish order block. There's a pretty significant trendline which...
Self Explanatory. You get a better picture of these levels when you take a look at the 5 min chart. The Dollar isn't healthy. I'm banking on foreign currencies until there's. shift in the cycle which won't be for another few months.
Self Explanatory. Aiming for the last day it had a bearish candle around 19400. You find the bearish daily Candle in the perpetual futures contract. Ticker BTCPERP, I didn't find a bearish daily Candle in any BTCUSD exchange. But the BTCPERP charts are much better for trading CFD's anyway.
The Picture is pretty self explainatory. I failed my last ETH trade because I missed seeing this gap.
Will fill out more but just want to get this idea out COINBASE:ETHUSD BYBIT:ETHUSD
I try to keep my trading to a minimum and only during certain times. At the end of London is one of them and though I failed my EURUSD call last night, It was my fault for not checking the calendar on the financial status of the euro's interesr rate, I believe it was. As it was coming down just around London close I noticed an odd candle at the perfect spot I like...
You have two solid bullish candles from yesterday that did not crack a previous high. The high came after a rejection bearish candle. The two solid bullish candles were over shadowed by two waining bearish candles and one engulfing candle taking us down to the low of the week.. so far. Generally in a weekly structure that looks like this, the actual weekly low...
Theres a few "brekers" the lowest being at 12528. The liquidity run gave the go to trade short. Target 1 would be the next nears low. If you want to hang on or take percentages of profits and aim for lower lows would be another strategy. I'm just giving something I see that should be an easY 20 point tick short. Once it hits the order block there will be a bit...
During the begginning of the year there was some home for the dollar. it seemed as if we were within reach of making our most competitive currencies such as the British Pound, the Euro, The Franc, and The Canadian Dollar about as close as 1-to-1 as possible. Well Today, I think those dreams are farther than what they could've been. What's the reasoning for the...
Yes, I know my chart looks Sloppy, but when you analyze the 5min chart for price action, it's going to look that way. Now... First Piece to this puzzle DXY RSI divergence with Price Action. Looks like we should see a bullish Dollar after breaking a new low. And I wouldn't trade this Until we have confirmation that it does break a new low and/or comfortable with...
The old me wants to buy it because it fits the trend-line/channel. Also, the double top doesn't help. I know that once we get near that double top it's going to break it. But everyone else is buying right now, thinking the same thing and that's why the smart money signals are telling me to sell soon. There is a breaker and an order block just above this...
It retraced to a breaker that sits at the 70.5% retracement. Only a 15 pip risk. Charted is my entry and Stop Loss, I drew the main one up on the fly. If you're looking for a further exit, shoot for yesterday's low, which I am gunning for at 1.32610