ThirdEyeTraders

ThirdEyeTraders

Good day guys! I am updating you all on this trade. We are still holding this buying signal, since last week. Make sure to push your SL into profit. I would say around the .786 fibonacci level or 57934.30 price level. This trade turned out to be tremendous for us and those who took the signal. We do see more bullish momentum to the upside, however, a good pullback...

ThirdEyeTraders

Good day guys! This is a trade I have been holding for over a week now. I took a little steam while my floating profits were showing a negative of 5k and because my algorithm was pointing all the signs for a bearish move, I figured we would get one this week. And that we did received. I am now up 10k I believe a good take profit level is 1702.77 with the...

ThirdEyeTraders

Last post, I informed you guys in regards to the buying pressure kicking in. Meanwhile, most people were still in selling positions. Push your SL into profit if you took this trade. Risk free trades are phenomenal! We are in a selling zone according to fibonacci. However, I am still sticking to this analysis overall. It is imperative to understand how the laws of...

ThirdEyeTraders

Good day guys, now that our sell take profit has been activated. I have drawn the fibonacci to show a possible retracement and possibly continue in its bullish direction. Of course 50% and/or 61.8% are safe levels to aim for take profit. I will allow this trade idea to reset, meaning, We need to see some confirmations that price action wants to reverse in the...

ThirdEyeTraders

Guys I am still holding this trade from 59238.76 with a .3 lot size.Be looking to take profit NOW. Bitcoin's price is at 51886 right now. I told you we are looking to take profit around 51163. If you are not taking profit, then push your stop loss into profit at the 52500 level. However, we are well into profit, if you took my signal a few days ago. Be sure to...

ThirdEyeTraders

Just an update, if you took the sell then you should be well into profit. Always push your Stop Loss into profit, to maintain a risk free trade. I am still holding both positions. I am looking to close one and let the other position ride. Be sure to like and leave your comments below in regards to where you see price action going. We appreciate you for checking...

ThirdEyeTraders

Bitcoin has approached the level where I said last week the right should was looking to form (58k+). However, it did go above that level for about 1k (59k+). I placed my two short positions at 59238.76 and 57724.43. I am still looking for the price to fall to 51163. This could be an opportunity for a lot of people has tried to use their stimulus checks to buy...

ThirdEyeTraders

As the economy seems to continue to improve, gold and precious metals are perceived to be under pressure. The macro move is looking bullish. However, the micro, intraday setup could give us a possible sell signal; since price action has risen the previous week. One thing to keep in perspective is the sentiment and where the majority of traders are placing their...

ThirdEyeTraders Updated 

Guys, I did take profit on this trade at 54866. I saw that price action was showing extreme exhaustion at the micro trend line. Following that about a hour or two later, the market moved aggressively to the upside. Now that we are at the level of 58k for the right shoulder completion, we could see the market possible continuing in the opposite direction. The IRS...

ThirdEyeTraders

As I continue to manage this trade from the 59688 level, I see so many reasons to continue to hold this trade until 51163 level. I definitely want to thank you @smijas for having me to take a look at the divergence with the RSI & MACD. I am still standing firm on this position. I already have my position stop loss trailed in profit, so at this point it is a risk...

ThirdEyeTraders

I am currently in a sell position from the 59688 level and hoping to take profit around 51163. It is always healthy to trail your stop loss into profit, because we are not market creators. We are top down analysis traders. I have marked a possible pivot place where we could start to see some buying pressure and an aggressive reversal to continue the macro trend....

ThirdEyeTraders

We are top down traders and we see price action is approaching the macro trend zone. You will notice we are in a bullish flag /channel and this markup is on the monthly time frame. We have been beating the drum on the 1675 level and mentioning how it is a key level we have been sharing with our students. We definitely are seeing price action consolidating around...