tofinse

tofinse Updated 

Extremely high volume bearish engulfing candlestick is meaningful I tell you that big player is sell big lot from Elliot wave theory this might begin 4wave correction also if you check insider trading tracking you will see that insider sold almost all of their stock share insider now own only 4% of NVDA so this is good place to short with at least 2RR

tofinse Updated 

Bitcoin 1D chart is clearly on correction phase wave C might deep and kick many retail out in my view we are on wave C of this Flat correction I bet counter trend using data from Coinglass that retail trader already get liquidated small RR trade but in my opinion this is high probability because big player always accumulate some BTC after clear retail out...

tofinse

Elliot wave some gap that might be "runway gap" and "exhaustion gap" But there are momentum divergence shown so it more likely to be "exhaustion gap" for sentiment analysis CEO of this company is selling all the way with 0 buying activity for 12 months straight I have little worry about about upthrust that can touch SL so I have to set SL quite far also...

tofinse

Inside market sentiment : check out insider tracking of big tech company . there are almost 0 buying activity all of them is sell their share including big smart money like Warren Buffett Charting : Momentum indicators such as MACD ROC is show bearish divergence Market Breadth indicators such as Mcclellan show divergence that mean amount of stock price begin...

tofinse

I don't think wave 5 is begin compare last correction to this correction on wave 2 take 300 days But this correction on 4th wave will take just 50-60 day ?????? to finish ???? maybe I am wrong maybe we are in 3rd wave and 4th wave not even start But I place my bet that we are on b leg of 4th wave correction if I am correct wave c can go down to 45,000...

tofinse

Price moving up but if you check daily time frame you can see that every time red candlestick show up volume is significantly higher than green candlestick meaning selling pressure is already come in market for awhile market breadth show bearish divergence that mean many stock in S&P500 is going down but the reason ES index moving up is big cap stock is...

tofinse

after strong selling pressure after CPI news selling pressure seem to be less so I bet that price will go back to point of control of this month with RR = 2 MACD bullish div. used to confirm this entry

tofinse

WTI Crude Oil break above supply zone after sideway for 50days + on the breakout day price move very strong and close almost full candle I use Volume profile VAH that should act as support after breakout RR = 2

tofinse

Refer to Elliot wave that wave 1 many time equal to wave 5 In case wave 3 is the longest also there are bearish engulfing on supply zone on weekly time frame that can be meaningful also TD sequential is counted 9 to confirm this short entry

tofinse

Bitcoin still in strong up trend but correction is part of this game In my view I think flat correction is not yet finish I think there are one more C wave 12345 impulse Also if you check Binance BTC/USDT Liquidation Map 39,000 USD is where retail trade placed stop loss at So I bet this counter trend bet will 2 RR

tofinse

By auction market theory low price zone attract new group of buyer high price zone attract new group of seller If you check volume profile this area is HVA (high value area) in this trading zone so this is just a bet with good RR this bet can be considered trend follow (down trend) hope that price will go back to POC (point of control)

tofinse

BONK is definitely shit coin in my opinion But the truth of this game is every shit coin have owner who control the price due to Wyckoff logic after accumulation phase passed to markup phase owner have to distribute this shit coin to innocent retail trader this process take time to finish So I bet that price will be pushed up one more time which is...

tofinse

CL probably on accumulation phase due to OPEC to cut production I think this price area might be area that big player will buy hammer candlestick with good buy volume and momentum divergence confirm this entry

tofinse

WTI crude oil price show sideway triangle correction after sharply down finish move from zigzag correction I waiting for OPEC report that soon gonna change WTI crude oil price back into up trend move

tofinse

ADX more than 30 and price above EMA20 indicate market is on trending phase also price action that you can see on 4H chart bullish engulfing above previous resistance 2RR use for this entry

tofinse

After clear impulse up wave 12345 now price is correction down quite strong so I assume this correction might be Zigzag pattern to confirm entry this short I check in 4H chart that show high volume of bearish engulfing candle stick For take profit there are many scenario to happen maybe C leg is not go below A So we can manage to close position partially...

tofinse

Wyckoff accumulation schematic with volume analysis is show possibility that price will move to another zone last move up swing price moving up with high volume + gap up that show strong demand also by fundamental AUD is considered as commodity currency so I set RR at 4 that possible in this set up

tofinse

I don't think WTI oil price become down trend in war situation on 4H chart price is on demand zone AB=CD bullish pattern is used in this trading entry Maybe this is another loss because I don't wait for reversal candle to confirm If price cannot stand in this area it will change of character to be down trend but I think in this kind of situation WTI not likely...