Hi everybody hope everyones doing well in this harsh crypto winter. I think we have the capacity to overcome anything that comes our way.
Lets get started
I am 70% sure that the market is attempting to retrace back towards 5k. I think a clear indicator that we are heading north would be to make a strong
crush through $4000 then close some of your positions. I ...
GBPJPY failed to breakout from the zone making three tops that provide sufficient resistance.
Falling was accompanied by another attempt to move up, acting as retracement providing additional space to continue move further down.
Weekly chart provide sign of piercing through lower structure - potential to further down move.
Cumulatively nice opportunity to ride one ...
Ridiculous 4.23R set up on the way with EURJPY.
After finishing the miss trades overview. We are coming to Untested support. What normally happens round these areas? A very high probability set up. With a double confluence set up (3 including (Untested). 0.236 inline with the highs as well, which is lovely to see. Stop is placed underneath the next set of ...
As always, patience pays the bills. I personally don't like taking trades for the sake of it. I wait until I have a very high probability of being right and I make sure I win more when I'm right than I lose when I'm wrong.
Here is a lovely little set up on the EURNZD.
Daily timeframe showing massively oversold at a Major structure level being tested. Loss of ...
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.3180 would begin in Midterm.
While the RSI support #1 at 53 is not broken, the probability of price decrease would be too low.
A trough is formed in daily chart at 1.3180 on 11/22/2018, so more gains maximum to Trend ...