Bias: Open Market Cycle: n/a Symmetrical triangle,, (Not that I trade patterns) but this generally means price hasn't got a clue what it's doing... Safest method of entry is to wait for a clear breakout under or over the MP and look for a pullback entry...
Bias: Open Market Cycle: n/a I'm going to hold on to the short bias from yesterday for now, but HTF is still bullish,, Accumulation is evident just above the weekly level, this could also get rejected and we move bullish from here, so I want a strong break out and retest before shorting..
I'm long term bullish on crypto, and I'm happy for this new year pump. Congrats to those who placed longs at $15K, you should take some profits off the table now. Why? Because we're not out of the woods yet. If you read my previous BTC analysis, I've already mentioned that I'll consider BTC has reversed if it manages to break and close above Ichimoku Cloud at...
Bias: Open Market Cycle: n/a No real valid market cycle,, a retracement of Tuesdays news is now complete.. I am long biased due to PA and the overnight rejection of the wkly low level, either from the weekly low at 161.23 of a backside trade on 162.07..
Bias: Open Market Cycle: n/a Sideways PA is but slowly moving down through the MP's,, If we are treading inside the range we need the SR and CC as usual.. To go short on a breakout,, we need a high volume breakout with some distance on it (the type you wouldn't want to trade back into the range). Then a low volume retest or SR & CC on the lower MP.. It...
Bias: Long Market Cycle: 2 Still long on GJ,, Looking at the 162.08 level it's a KL on the Daily, weekly, monthly TF's.. We're trading inside the 1h fvg, so theres potential that it moves bullish at anytime, I will only be looking for LQG on the MP's for the safer entry position's..
Bias: Short Market Cycle: 2 Golds slowly trending down, yesterday was a full ADR... We could see some reaction to the 1847.16 level and possibly some further bearish PA
Bias: Short Market Cycle: Possibly the beginning of phase 1 I'm looking at 1.6170 for a potential break and retest.. You'll notice what looks like a 1h OB highlighted with a circle on the left, however when you move up to the 4h TF this OB disappears.. Therefore, if we get a break below 1.6170 followed by a SR & CC to the downside I will look for shorts.....
Bias: Long Market Cycle: 2 Yesterdays analysis has proven to be correct even if we didn't get a pullback and entry... I'm looking for a pullback and entry from either 159.90 or 159.53 both KL's in terms of round number trading and valid manipulation points in our trading system.
Bias: Short Market Cycle: 2 PA is currently in phase 2 of market cycle after a 1st push down on friday. Today is the last day to look for phase 2 before we move back to an open bias.. Notice how price is also trading down in a bearish channel since 2nd Feb, we also have our MP lined up with the top of the channel so i would expect some kind of reaction from...
Bias: Short Market Cycle: 2 Yesterdays short bias still holds, but with regards to yesterdays PA moving over 90% ADR then there is potential that we have a reversal on our hands... Pay attention to the PA at the bottom of the chart, there is a clear DB followed by a 90% ADR move up.. Follow the GFX MP rules in this case.. • Short from 0.9302 should we get a...
I call it the 3 step because there's an initialization period followed by 3 steps. Defining the init can be hit or miss, but it's always there. Next, there's 3 bumps, followed by (usually) a pump. Dumps are also seen, and they depend on what the algorithm detects after the init/3 step process. I don't know exactly what the algo does but it's pretty clearly...
Last cycle , (if market manipulation is wasn’t a “thing”!) Wonder where that vertical line on the right would have gone… Hmm, perhaps we’ll see that somewhere soon!! Anyone wants to buy a Bitcoin? Get ‘em while their hot!
Bitcoin is making a spring and doing the Wychoff's accumulation, beware of shorting at the support. The whales are manipulating the price action to traps retails to short the bottom and reverse it up. Investing and trading is a game of probability where the market moves up, down or sideways. Hence, the probability of a trader winning is around 33.33%. The...
WARNING: No sheep allowed. This one will ruffle a few feathers.... Ethereum and many other assets have been going sideways for over 36 hours now and will very likely continue to do so until the New York open. Trading experts would have you believe there is 'indecision in the market' or that the 'bulls and bears are fighting for control of the market'. Absolute...
First, it is NFP week. The Market is more unpredictable because manual intervention will take place. Please be aware of this when trading. Second, I'm looking for Consolidation, Manipulation, then Distribution. Initially, the market has consolidated. Next, it will drive higher, liquidating all the Bears' Shorts built in (the three levels I noted) and making the...
Price is in a minor uptrend......................................
we topped out a few hours ago and we are in our next short on this ravaged token from wallet theft or fake tokens; PGALA being sold instead of GALA and these pGala tokens as stated on their twitter are worthless. Bad new and more bad new for this project.