Cryptsyxalt

Cryptsyxalt

You hedged Long from 1.07935 (profits taken, risk free). With a short (entry 1.08806) twice the size of your remaining long. WWYD? A) Leave as is - That's a great carry into the weekend. B) Cash out the short - We bottoming out. C) Close the long - Sunday open, shit's gapping down hard.

Cryptsyxalt

FX:EURUSD Q4 2020 Entry: 1.2216 Stop: 1.2556 Take profit 1: 1.15360 Q4 2021 - 50% Closed Take profit 2: 1.08560 Q1 2022 - 50% Closed Take profit 3: 0.94960

Cryptsyxalt

TVC:DXY Q2 2022 Entry: 112.117 Stop: 121.0200 Take profit 1: 94.3110

Cryptsyxalt

TVC:DXY Q4 2020 Entry: 89.9370 Stop: 82.2530 Take profit 1: 93.3050 Q1 2021 - 50% Closed Take profit 2: 96.6730 Q4 2021 - 50% Closed Take profit 3: 103.409 Q2 2022 - 50% Closed Take profit 4: 116.881

Cryptsyxalt

The Tradesy is a simple and versatile system that can be used as a stand-alone or in conjunction with other technical strategies. It is the definable distance where the saturation level of positions in one direction are such that a large position in the opposing direction can be filled within an extremely small price range. For my Fellow smooth-brained...

Cryptsyxalt

Meeting at the take profit zone of the Bullish Shark:- This Butterfly pattern could signal the change of the Shark continuation pattern into a 5-0 reversal structure: - I will be remaining flat until lower time frames confirm or contradict the trend reversal.

Cryptsyxalt Updated 

In comparison to the other major harmonic patterns the Shark is considerably more complex to measure and as such far more difficult to identify. Along with the Cypher, the Shark falls outside the standard M and W structure of other harmonics. The 88.6% retracement of XC and the 161.8% - 224% extension of BC combine to form the minimum entry price for the...

Cryptsyxalt

The Shark pattern is a relatively new addition to the Harmonic collection which was discovered and defined by Scott Carney in 2010. As a trend continuation structure, the expectation at the completion point of the Shark is for price to continue in the direction of the trend. The Shark, like all continuation structures, begins with an initial impulsive move ( X -...

Cryptsyxalt

The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend. Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from the completion of the Pattern. 1st...

Cryptsyxalt

The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend. Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from the completion of the Pattern. 1st...

Cryptsyxalt

The Head and Shoulders pattern is one of the oldest recognised market structures. Representing a fully formed fractal when completed, the H&S confirms a short term reversal in trend. Setting the levels 50%,100% and 200% on the Fib tool, I have devised a simple system of confirmation/action to take advantage (profit) from the completion of the Pattern. 1st...

Cryptsyxalt

(Copyright Scott M. Carney 2016 HarmonicTrader Press) The Shark Pattern™ is dependent upon the powerful 88.6% retracement and the 113% Reciprocal Ratio, works extremely well retesting prior support/resistance points (0.886/1.13) as a strong counter-trend reaction. Represents a temporary extreme structure that seeks to capitalize on the extended nature of the...

Cryptsyxalt

WHEN OTHERS ARE GREEDY, BE FEARFUL. WHEN OTHERS ARE FEARFUL, BE GREEDY. The entry for this Bullish Bat is deep within the entry zone for the Bullish Butterfly.

Cryptsyxalt

After the recent decimation of Bitcoins price, buyers have become fearful. With price crashing through several levels of support there is no better time to remember the phrase:- WHEN OTHERS ARE GREEDY, BE FEARFUL. WHEN OTHERS ARE FEARFUL, BE GREEDY. Fill your bags Bulls, it's time to get greedy.

Cryptsyxalt

The Butterfly pattern on the 15m Time Frame caused a considerable retracement to the uptrend. Only after a deep test of a Bullish Butterfly on the 4H TF did the Bulls resume the uptrend. The Bears have now painted the same structure on the Daily TF. At TP1 they would have closed 50% of their Shorts, making their remaining position risk free. Should price...

Cryptsyxalt

Compared to both Bitcoin and Ethereum, HBAR is fundamentally a superior Cryptocurrency. Faster Transaction times, Smaller Transaction fees, and a plethora of real World applications. Based on this premise I would advise Hodling HBAR as a long term investment. Those of you who regularly view my published ideas will notice, on this chart, the lack of a position...

Cryptsyxalt Updated 

Bitcoin is in the process of painting a Bullish Butterly pattern. The Butterfly is an excellent signal for trend reversal, should price break above the structure expect an extended move in the direction of the trend. The current bearish pressure has caused price to move sideways for several days. The Bulls now need a strong signal pointing at where the ideal...

Cryptsyxalt Updated 

In the short term the Bears have allowed the Bulls to take control. After resisting the Bulls at the 61.8% level but not managing to create a new low, the Bears have now eased off. With the B point set perfectly at the 61.8% level the Bears will look to take back control at the D point (78.6%) of the Gartley . ENTRY: - 1.20548 STOP: - 1.20625 TP1: - 1.20394