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Bitcoin is still on it's way to $52K and it will likely get there in the next couple days because we've recently had a bearish corrective structure whic the market has just broken and now we could see a little pullback before the bears come in!!
You will not see anything better than this today, i guarantee you! Okay this is what i call "My London drop day trading strategy", the market will follow this path for the rest of the day so i will expect you to make profit on both trades, I repeat, DO NOT MISS THIS ONE!!!!!
Bitcoin has made it's intentions quite clear now and we can expect a smooth ride all the way to $52K by next week. It has already broken and closed below some structure levels so there won't be too much resistance once it breaks the recent low it set a couple days ago!
A classic day trading reversal pattern on GOLD! Imagine walking on the street and you see a big wad on cash on the floor, what would you do? PICK IT UP OFCOURSE!!!! What a silly question loooool! Okay this is exactly the same scenario so let's see if you will do the same
My GBPUSD day trading post has already given you 2 flawless trades last week and now you can have another one......on the house of course. Don't worry the time will come when i start charging you for some of this free money you've been taking from me lol. Anyway. here's another one so enjoy it
The signs are not looking good for stella because price action says there's a high chance we could be heading to the abyss. Today and tomorrow will be very crucial to what will happen to stella long term. If the momentum takes us below 30 cents today then i think we should all start organising a funeral for our dear stella even though i know, just like Jesus...
Sometimes if you wanna get the excitement going then you're gonna have to go down first and this is the case with XRP, we all know that the market is bullish but it's been stuck in a range for quite sometime and this is why we seem to be forming a channel corrective structure, therefore, there's a huge chance we may see the market head down to around 70 cents...
Okay so following my last post yesterday which you can see below, bitcoin has accelerated quicker than i thought and that has changed the whole outlook, which means we could be on track for a deeper correction that will take us all the way to $52K. We do have enough momentum to reach $56K today and we can expect the market to take a breather as midweek approaches,...
Bitcoin is begging for a correction but is it gonna happen now or will it make fresh highs before we see the correction? That is anybody's guess but my guess is we could potentially see the correction from here based on a 2618 strategy so let's see what happens
Following on my last update on litecoin. nothing has changed in terms of this market giving birth to identical twins. She is currently in the labour room, the 1st baby has been delivered successfully while the second is almost out so get ready to celebrate the birth of this amazing twins
Ethereum has finally broken the structure level i identified in my last update (which you can see below), so now what next? Well, i think we can expect a pullback which is a normal thing if you understand price action an structure. We can look to go long at around 3700
Okay so now that the market has created a new structure high, what next? I expect a pullback any moment from here so we can expect dollar weakness across USD pairs but that weakness won't last for too long as we have an important structure levels which will bring back upside resumption
Day trading, if you missed yesterday's trade then you should be disappointed in yourself and if you miss this one then i don't know for you!!! Just buy it and end the week with a smile! This is a combination of price action and my day trading strategy on GBPUSD