Patrick2707

Patrick2707

LTC is going nicely so far and as planned earlier today. Taken some profits here and opened a new shorts at 86.60$ and 86.47$. We are still aiming for the same TP's and the bearish plan remains until proven wrong. Stops tighten around breakeven (87.87$). We should not see any PA at these levels if we continue to the downside. Bearish plans remains the same....

Patrick2707

ETH played out perfectly and we are currently trading within this 1H range. Taken some profits and will look to add them into some new shorts. We are retesting the lows and we will wait for a reaction for a day trade. A trade idea will be given later today. Currently tape reading and waiting for PA and the markets to give us a proper trigger. Expect a break...

Patrick2707

LTC has been trading down and retesting lows like most other cryptos. Entered a short (yesterday) at 87.87$ and will look for a retest of the mid range and possible continuation to the downside. Expect price to cap around the 15min void gap (blue box) before continuation. Hard stops above the current mid range -- 88.62$ Will look to add shorts below 86.60$....

Patrick2707

Took this separate trade and did not share it on my channel but we will use it as a template for short trades. Here is a little annotated charts showing a little insight of the way I understand and analyze the markets. We do not need to be in all the trades, it is all about POSITIONING and staying true to your OWN SYSTEM. These quick annotations will help you...

Patrick2707

GU is playing out perfectly so far. Taken some off and waiting for a (possible) reaction around 1.25000. Expect a push up and some trading in the current range 1.2500-1.23945. Will look to add shorts IF we get a deviation of 1.2500 IF we do not get a upward move, shorts will be added below 1.23835 Risk remains the same and the stops are at breakeven...

Patrick2707

ETH currently deviating the weekly high range (WHR). Started building a short position around 1895$. Will look to add once we break below it and hold (failure to close above 1890$) For the time being will look to add shorts along the way for possible range/day trades WITHIN the HTF range Entry (aggressive) at market I Entry (conservative) after deviation of...

Patrick2707

GU is currently retesting its mid range and deviating it. Started shorting around 1.25287. Blue box indicates the unfilled void gap between 1.25660 - 1.25890 which may be still be a target before lower price. Trade plan is bearish regardless of any push up for the time being. A clean reclaim of 1.26280 and we will re-assess. Entry at market (aggressive) I...

Patrick2707

FTM has deviated its range highs and has traded below its range lows. We have traded below the range lows (RL) and we seem to be completing the deviation of the lows. (blue box --> we should see some expansion to the top side as we have finished our accumulation phase). A reclaim of the RL would signal that we have deviated the lows. A clean reclaim of the range...

Patrick2707

DXY doing what we expected. We expected lower prices ---> at least 50% of the lower shade (wick) of Wednesday's candle and we got it --> 103.450 HIT TO THE PIP (Highlighted by green line) What's next? Expect the bears to get trapped in the current yellow box and have our point of interest hold (103.354) ------- We are STILL looking for 103.354 to hold....

Patrick2707

SOL has been respecting its range like clockwork. Taken two intraday days which played out to the pip. What is next? We are currently the highs of the range at 20.825$. Short scenario: IF we deviate we will look to short towards 20.484$ at minimum and (maybe) 20.295$ Long scenario: IF we hold above 20.825$ and start making new highs expect at least 20.950$...

Patrick2707

DOGE trade previously posted is playing it properly. Taken some off and added a short for a scalp in the new range. A clean reclaim of 0.7150$ and I will look to take some off. Hard stops at 0.07175$ TP 0.07090$ TP 0.07030$ SL 0.07175$ Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based analysis and...

Patrick2707

DXY delivered and provided. As I've noted multiple times we would either go higher HARD or lower HARDER. Market went lower but what now? .... Let's see what the charts are saying. We are currently repricing in Tuesday to Wednesday's void gap. Expecting some lowers prices --> at least 50% of the lower shade (wick) of Wednesday (103.450). No need to panic, the...

Patrick2707

MATIC has broken below the range we were currently trading in (red range). We have opened the new range for possible lower prices. Expecting a push up in the 0.8950$ - 0.8995$ zone Currently on the sidelines and will be analyzing PA going into Asia session. Expecting a deviation of the current highs IF we head higher before breaking lower. IF we do not get...

Patrick2707

DXY has fallen below our level and has predicted we are dropping HARD towards the 103's. The next level to keep an eye on is 103.780. IF we hold and retrace upwards expect stocks, cryptos and indices to be topping --> signaling shorts IF we break below and hold expect stocks, cryptos and indices to continue upwards --> signaling longs (continuation of current...

Patrick2707

SHIB gave the deviation above the highs as expected. Pumped harder than some would have expected which is why we had a tight stop for the the aggressive traders which entered at market. Personally waiting for further PA to develop for the time being. Plans remain the same until proven wrong. Entry after deviation of 0.086665$ TP 0.008470$ SL above...

Patrick2707

ETH currently deviating the high of the 'weekly range'. Already aggressively in a short (1886$) and will await for more PA and a a possible confirmation during Asia session to compound. For the time being expecting further downside towards 1830$ and eventually back to the lows of the range. RIGHT SIDE OF CHART ANNOTATIONS !!! WHR - (weekly) high of range for...

Patrick2707

FTM has deviated the highs of the HTF range and currently running back up to retest it. Expecting a strong reaction within the liquidity and further PA to the downside. Will look to enter around 34.50$ with stop resting above current daily highs. Aiming for the mid range (black line) and possibly lows IF we get a price continuation Entry around 35.50$ after...

Patrick2707

DXY is currently at an inflection point. If we hold we are going higher HARD, if we break we are going lower even HARDER The blue box is currently holding the market and acting 'as a mid range' for now.(liquidity void gap) PA has failed to created higher highs. If we start holding below the blue box (104.200 - 104.150) we will look for higher prices in...