Trump4FxPresident

Trump4FxPresident

Quick analysis on crude oil after hearing Kamala Harris' claim that prices were going to increase even higher than what we are already seeing. It will be interesting to see how this plays out in the weeks to come.

Trump4FxPresident

Looking for price to squeeze to the ~ $36 area from the current bullish flag pattern its currently in. Great R/R setup. Just a reminder that I'm not a financial advisor and my trade ideas should only be used for entertainment purposes and tried on paper trading accounts only.

Trump4FxPresident

So while I was backtesting a handful of new indicators I came across this chart and couldn't pass up the opportunity to share with all of you. I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario. If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1...

Trump4FxPresident

After some brutal weeks in the market, we are finally starting to see some bullish action for more and more alts across the entire crypto market. BTC might still be stuck in its current consolidation with no clear breakout or confirmation yet, but I'm expecting to see its price to be breaking out and giving us a clearer picture soon. With that being said we now...

Trump4FxPresident

As we watch the price for BTC develop from it's recent lows, we haven't seen much bullish action and it seems as if bears just have complete control at the moment. I was super bullish on this pair but as we move forward, there are just more and more signs that BTC will soon be making a new bottom. With the little amount of buying pressure I'm currently seeing...

Trump4FxPresident

So a friend of mine told me his plans on how he's planning on shorting the entire crypto market throughout the summer months of this year. Needless to say, we still do have a difference of opinion but while I was cleaning up some of my tabs I decided to post for anyone else that might find it useful. We now see BTC starting on wave D of the ABC Correction Wave...

Trump4FxPresident

So a couple months back a colleague and I joked about how technically, BTC's price should see some kind of huge pullback and retest its neckline area. With how much crypto has grown in previous years and seeing what kind of potentials it has moving forward, it was just kind of hard to believe that price would ever have that drastic of a pullback. Well here we...

Trump4FxPresident

As you can see in the chart above this pair has finally completed the cup and handle price pattern. This is one of my favorite patterns because it is so easy to spot and always brings great returns. You can also adjust stop loss to being under the wick of the previous candle if you want to play it a little tighter. Don't forget to do your own DD!

Trump4FxPresident

We saw the market take a deep dump today after Elon Musk's tweet saying that they would not be accepting bitcoin as payment for Tesla due to the harm and damage that mining bitcoin has on our overall environment. Since we are just seeing the start to a new trading day (UTC Time) I think price has started off the day with a dead cat bounce and that it will finish...

Trump4FxPresident

On a previous post I made on this pair we saw price break out of the ascending wedge pattern and breakdown to the downside. Upon the retest we see price really struggle to ever break back within its previous structure. Anyways, just an idea.

Trump4FxPresident

With the weekly candle closing in about an hour from now, I'm beginning to fear that we will see more bearish activity between this pair in the upcoming weeks/months. Last week we saw price break out of an ascending triangle chart pattern which was then followed by a break from its previous structure (Wave A) This week, we went on to see the Retracement of Wave...

Trump4FxPresident

After seeing a huge push to the upside, we are now seeing this pair accumulating before making another push. Trade the breakout!

Trump4FxPresident

With this pair testing a support that has held so well in the past, wait for price action confirmation on the 4 hour chart before entering for what might be a great long opportunity.

Trump4FxPresident

As price approaches highlighted area, continue to monitor price action on the 4 hour and wait on confirmation before taking a short position

Trump4FxPresident

After price broke previous resistance and the 200 ema, we can see price starting to form a bullish flag where we can assume that price will continue to the upside.

Trump4FxPresident

100% retracements are great because that means you are taking the least mount of risk when entering into the trade. With price under the 200ema, this is a great short trade setup that has a great risk reward ratio. Once price reaches support, we can then continue monitoring price action to see if price continues with an inverse head and shoulders pattern.

Trump4FxPresident

As we see a possible triple top forming, we can take a short position for a great R/R ratio assuming price stays within the range its been working in

Trump4FxPresident

Inverse head and shoulders pattern almost complete on chart. Should see price strengthen to new highs upon completion