The position shown is a potential crash zone. I'm well aware that 'everybody' thinks BTCUSD is going to $100,000 soon. There are problems ahead that 'everybody' is not factoring in. Firstly the technical set up is showing something important in this analysis. Bitcoin has had a major long run up to approx $58,200. Next - there is an important trend switch....
It's a kill zone. But note carefully there are losses here. You can't win in this business unless you're prepared to lose! I would welcome arguments on that one. The chart shows that the rebellion of price looks powerful but on the squeeze momentum assessment it isn't that powerful. Price movements tend to scare new traders. Well, okay - if you can't take the...
SCALP ON GOLD WENT REALLY GOOD NO MORE TRADES FOR ME TODAY.
The chart shows a powerful sharp switch in sentiment - which is rare on the 8H time frame. Clearly sentiment has been dented. I see small gamblers jumping in, buying the dip. Sure - on smaller time frames they may make a few bucks. However, at the moment I think they risk transferring money out of their pockets - on the probabilities shown on this time frame...
This is on the daily time frame. Nobody can predict where price will go or how far it will go in any direction. This means that if one is shorting or going long on this position, one has to expect losses. I always keep losses at the forefront of all my posts. I cannot predict what will happen next. People often ask me for targets. I don't do targets. This...
I show a broad kill zone on 1D chart of UK Oil. Features: 1. Price coming into a zone of congestion. 2. Double pump on Squeeze momentum - which means movement upward of price is more likely to be a minor rebellion. 3. Price below the ATR line. 4. RSI struggling at this time of publication to get above 50. Short-sellers should not act on this set up unless...
This is would be a late entry short if one decides to go in now. If one cannot take the loss, stay out! You've been told. In other words if you lose your money, sue yourself. I do not avoid the issue of losses. I'm going to bring it up more and more - as it is the main thing to be controlled in all trading. Any arguments about that?
Falling wedge on play with bullish divs on the 4H chart, expecting this one to break into the weekend and continuation at the end of October, 9k+ is the target, Awesome r/r. Entry: 7930 TP 1: 8546 TP 2: 9085 TP 3: 9347 SL: 7759 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing...
Like all the GBP pairs baring the NZD there are shorting opportunities on every pair. waiting for monday confirmation on the 4 hour TF and all my rules to be met then i will be opening a short position..
potential short on the UsdJpy isnt the greatest as it wasnt as convincing as would like on the RSI and it did come off decent support but can see a retest of the lows happening.
Currently retesting previous uptrend line. Will fail to break up and fall back down and test new lows. This is going below the open for the IPO.
Hi guys, I hope that you are all are well! This week we have seen continued bearish momentum in GBPJPY to which has seen prices push close to 141's even, which is a very important and psychological level for this pair and we also saw prices retest a strong area of structure support (Daily) of 141.00 - 141.30's to which we have since seen some relief in selling...
Morning Notes 04/17/19 Sentiment Timing Trading Environment-Short Term: Current Environment-Neutral/Bearish If you like our post and would like to continue seeing them, please help us grow our network-Thanks You!! 1.) like our post with a thumbs up (each post) 2.) follow us-you will be alerted via email with each post we enter 3.) leave a comment...