First Bitcoin post for 2018! WK chart is up, D1 chart has no direction but H4 chart is working to remove major supply zone. Once it does it will clear the way for more longs on the H4 chart. Will be watching this develop through the weekend, happy trading everyone! Started using Changelly recently, great site to exchange coins, many coin options, please check...
Not too shabby, see previous post for setup. Happy trading all!
Bitcoin has finally broken a D1 Demand zone! Bear engulfing pattern trying to be created on the WK chart. We may actually get a decent pullback on BTCUSD! Will be taking a long at MN/WK demand zones drawn, or confirmation from a higher time frame confluence, MN/WK 20 EMA, 50% retracemnt, etc. Happy trading all!
Fresh WK Demand zone now available on GIS, will be looking to go long if price retraces to there. Long bias on a stock that is not at all time high's, hard to find right now :) Happy Trading All!
Looking at going long from the WK demand zone drawn if price retraces to there. Otherwise I will look for confirmation for a long at 50% retracement on the latest WK imbalance, or confirmation for a long if price reaches 20 EMA on WK chart. At this point who knows, we may not see a solid pullback on popular cryptos in the foreseeable future! Happy trading all!
Obvious demand areas created on LTCUSD, chances of price dropping that low are slim to none at this point. It is against my rules to by this high, will be looking for reaction to 50% retracement on WK chart, also any reactions created at 20 EMA to take any longs.
Price on EBAY has retraced to WK D area, 3M, MN and WK TL are all up so long is valid. Targeting 41-42.
Hit profit target (3:1) on previous WK Demand area shown in previous posts. New imbalance is formed but waiting for it to consolidate away before taking a long there. Depending on approach to the level I may pass on it, we are at all time highs, it can get dicey up here :)
Another WK demand area created with 3M Demand in control. Previous trade posted hit profit target last week.
Long triggered at WK Demand area on VZ. Supply created overhead, will watch to see if/how price reacts there, targeting 3:1 RR.
JPM reached WK Demand, price reacting to it, possible bullish engulf by end of day.
Long on the stock here, didn't take options, oil looks like it is going to be rallying for awhile, this could be a nice one to hold for awhile along with close to a 6% dividend :). If WK Demand fails, long at MN demand area.
Obvious demand zones being created on all BTCUSD charts, looking for a pullback to these demand areas for another long :)
Supply zones being created on 3M, MN and WK charts. Latest WK supply had great departure, looking to short there!
SNAP is reacting to previously drawn WK S zone, no trade because WK down trend was broken. When price breaks all time low, it will remove D1 and WK demand, creating new WK S for a new short. Still obvious short bias on SNAP.
Bullish engulfing pattern created at most recent WK demand zone confirming demand area. Long top of bull engulf around 39.20 to above all time high.
Taking long calls on UAL after price hits weekly demand area. MN and WK trends are up.
MN TL is up, MN demand in control, go long from D1 demand that broke down trend line