ilikebigpipz

ilikebigpipz

We can expect the DXY to extend between the 1.414 to 1.618 extension over the next 24 months.

ilikebigpipz Updated 

Great Afternoon, we saw a nice rally from the key level of 45500 to $52150, considering we cannot hold this support, we can see a move as low as 28,000 over the next week. There is very strong support at $40,000 look for that to break and close for a possible continuation to the downside. Expecting a strong rally after institutions begin purchasing discounted...

ilikebigpipz Updated 

When trading bitcoin we need to consider two things first: 1. What is narrative on high time frames ( Daily/ Weekly) 2. Where is liquidity? (Stop Losses - Retail Trader Order Flow) There was a large expansion leading into FOMC, followed by 20 hours of retail distribution; using Wyckoff trading strategies we can expect a sharp retracement returning to the pool...

ilikebigpipz Updated 

With the advent of tax loss harvesting, and news of impending tax on unrealised gains the digital currency market experienced a multi-week downturn. At this present moment a #Wykoff Schematic #1 is presenting itself. In order to make entries on support use lower time frames to locate divergence and impending upthrusts. This will most certainly be an uphill climb...

ilikebigpipz Updated 

Expect a retracement of the USD going into the early part of the week and a spike going into the GDP news.