Pleased_Owl

Pleased_Owl

We're forming an ascending triangle, confirmed by making new highs or seeing an uptrend moment kicking in. You can enter it on the breakout, wait for a retest or the breakout continuation. Choose wisely :) this pattern is invalidated by breaking the 141.400 to the downside We have already traded this setup previously on the CHF/JPY. Like & follow for more...

Pleased_Owl Updated 

The Daily Timre Frame :^ We are inside a channel, where we touched its highest ceiling twice and this is the third. The third touch is usually the strongest touch. 1H time frame: We broke the uptrend and we are about to form a downtrend Head and shoulders in the process of formation. RSI BEARISH DIV Prices for entering into a sale transaction: ...

Pleased_Owl Updated 

Hello traders ! The CHF/JPY is very bullish and here is why : We're in an uptrend since 2012 the market is still in its bull cycle. The price action is making higher highs and making an ASCENDING TRIANGLE which is a bullish pattern. We're constituing a BREAKOUT BUILDUP. Every time we touched the white horizental resistance line, the price reacted...

Pleased_Owl

ZOOM out to see the bigger range on the 4H & daily. I think that we're ranging in a range, until the market make a decision. Probably breaking the small in next hours or couple of days & the big range below 18,745 after the CPI & PPI data the 13th and the FED meeting on 21 septembre.

Pleased_Owl

The main short idea is already shared , This is a re-entery. So why I re-share an originally shared setup ? The thing is that maybe tomorrow we're going to see one of the biggest red candles that we will see in this month. The reason is Fed Chairman Jerome Powell speaks Friday at 10 a.m. ET in a much-anticipated appearance at the Federal Reserve’s annual...

Pleased_Owl Updated 

We had a lot of good news that we recieved in the past few days : USA Economy is doing great ! No interest rates hikes for another month ! Covid lockdowns are mincing ! Inflation is probably to cool off a little. Lower oil prices. Technical analysis : Ascending triangle is forming. A breaakout maybe coming... Entries : every touch on the red...

Pleased_Owl

Of course changing perspective is a hell of a way to have inspiration and to change your statu quo . As trader/investor, you need to be flexible and capture the moment right away ! Looking at the BTC chart, in inverted scale (which means for those who dosen't know, upside-down) will make us see since March 2014 a buNch of things : Trend direction :...

Pleased_Owl Updated 

4h div rsi entering a corrective eliot wave we hitted the top of the channel horizantal resistance

Pleased_Owl Updated 

Hello traders ! I drawed this fib channel to have some insights on our potential support level, and it seems that we're on it and we reacted perfectly to it ! When we zoom in on that fib line we will see an inversed head & shoulders pattern has perfectly shaped on that support level and bounced 10% from the 29,7k level. Insights about the markets : ...

Pleased_Owl Updated 

Hello traders 👋 To elaborate a trading strategy it requires multiple factors such as The macro-factors : Covid-19 pandemic (lockdowns), supply chain (high transportation prices causing inflation), Ukrain war (causing gas fees to increase) . The market factors such as The price action on Time Frames, some indicators ! __________________________ Points toward the...

Pleased_Owl Updated 

I think btc will be simply ranging in this channel before we see a potential breakout in monday or at tbe beginning of the asian session. If you want to know about my trades this week and my trading strategy, you can check the associated idea ! Follow this idea for week-end scalps !

Pleased_Owl Updated 

Hello Traders, hope you made some decent money this week ! We have 2 Bullish regular divergences at the TF of 4H. BTC has reached the bottom of it's channel which he has been ranging since 6 of April. BTC is at is weekly support right now. So is it a valid entry ? My humble answer is we need to see a Hidden div at the 1H TF or the 30 TF with a...

Pleased_Owl Updated 

A green dot with a blue wave under the the base line and green MFI, could be a good entry. Trade info : Potential Risk to Reward Ration : 1 to 4 Potential entry : 39,650 $ or market if the green dot showed with the conditions i mentioned Potential TP : 40,280 $ (1,6%) Potential SL : 39,492 $ (0,4%) What do you think about it ? ___________ This is not a...

Pleased_Owl Updated 

Hello all, I was expecting the sell off to continue - It did - but very briefly. ________________________ BTC - S&P 500 correlation : Btc was more bullish than SPX on the openning, the index have achieved Lower lows and BTC is on a bullish trend. Finally when the buying kicked off the index spiked and guess what ? BTC too ! Current situation : Currently...

Pleased_Owl Updated 

Hello traders 👋! I already shared an idea 💡that btc will be ranging this week-end from 39,370$ to 39,930$ 💵 (see the chart bellow) but the real question is WHEN RALLY and WHERE ? I think the first movements we that will be seeing is at the Asian trading session 🐉 begining, In this session we will be seeing a fakeout or a stop loss hunt to the opposing side...

Pleased_Owl Updated 

We have ranged before in this channel, we wil be waiting for a break out !

Pleased_Owl

This is a prediction of the range that BTC might go into this weekend before getting back to trending.