Hi traders we have 2 possible scenario on the bitcoin and what the market does next is crucial to us predicting the next move. We have recently broken out of a descending trendline and we can expect the market to do one of 2 things; 1.) Even though we have broken out of a descending trendline we can see that the market is till in a corrective structure which...
There's nothing else to say......take it
Okay so bitcoin has been asleep lately but we all know at some point it's gonna have to wake up! We are currently in a channel and I think we do have a potential to drop down to the bottom of the channel before we can see any meaningful rally so let's see how long bitcoin can sleep for! Good luck traders
Hi traders we have a potential 61.8% middle line reverse on the AUDUSD and I'm expecting the market to go down from here so let's see if that will happen. Stops above previous structure high. Good luck traders
Hi traders we have a classic trend continuation trade here and the expectation is that the market will likely rally from this point to about the 127.0% or 141.0% Fibonacci extension. This is also a 123 strategy + middle line/61.8% reversal which I teach in my zoom trading classes so let's see if the market will give us the win.
Bitcoin is has completed a contraction + 618 reverse and we can expect the market to start descending from here but there's a very small chance it could still break the structure level at the top before it goes down. Whatever happens a down move is imminent. Good luck traders.
This is textbook contraction and expansion strategy with 4 triggers and now the market is perfectly settling above the middle line with a buy setup so you can either wait for the market to break before going long if you are a conservative trader or you can buy it now and ride out the corrective pattern is you are an aggressive trader! Make sure you use your own...
Hi traders we have a nice contraction and expansion strategy here on the USDCAD and I think the market will be heading down soon.
Hi traders, here we have Nasdaq on the verge of completing a 5th wave which will lead the resumption of the uptrend. So if you are looking to go long then you should wait for the market to come back to the 127.0% or the 141.0% Fibonacci extension of the last downward move as this is also in line with the bottom downward trendline so that will give you 2 reasons...
To some people this might look like a simple trend continuation trade and you will be absolutely right but according to my strategy, this is a 123 as part of a correction and I've highlighted the 123 in the box for you. Regardless of what strategy it is though I am looking for this market to push higher so let's see if the trend is really our friend! Good luck guys!!
So what is bitcoin really up to? We have stuck in this 8100-10500 range for a month now and the market hasn't budged. So what's going to be bitcoin's next move? If you ask me then you only have to look at the chart and see that in my opinion there's a good chance that bitcoin will head a bit lower before we take off. We have a support level around 6500 and this...
Hi traders we have another contraction and expansion strategy here with 5 triggers and the final one has been completed with a pull back to 61.8 Fibonacci retracement after yesterday's rally and we are seeing the market now on the verge of resuming it's recovery after the huge drop we had during the COVID-19 period and I think there's a very good chance that we...
We have a contraction and expansion strategy here on the EURJPY and I'm expecting the market push lower anytime soon so let's see if the market will turn around and go lower. Happy trading Guys.
Are we gonna get a repeat of the previous pattern?? Time will tell but I want you guys to take a look at the last time we had a similar pattern like this on Ripple, the market headed south after that and my analysis on ripple is that we will see some downside before any rally can happen and that hasn't changed. so let's see if this can the catalyst for that...
Euro is making a classic corrective pattern and there's a very good chance that it will break down to the downside. For aggressive traders, you can sell it now or if you are more conservative then you should wait for the break out and a correction before you get in! Best of luck Traders.
So I hope you guys took the short trade yesterday, now price action has changed but the outlook is still bearish, we are just going back to retest a structure level so this will present us with a trade to the upside. SO let's see what happens!
The market has come out of the contraction phase and it's currently entering the expansion phase and I think we have room to go up! I'm bullish on higher time frame on this pair and I've done you the courtesy on attaching my last post on this currency pair.
We have good opportunity to go long on this pair based on price action and trend continuation. There's a minor resistance level which you will need to pay attention to.