I took this short because at the time I thought that it was a valid trade. I followed my process, I followed my plan... however during the middle of the trade I realized that the 15m structure over the last 24 hours was creating HH's and HL's. This does not meet my setup criteria. It took this trade for me to realize that I need to add this concept to my filtering...
Platinum has sold quite aggressively for the past couple of days. We are back on that demand line we have been founding support for the last few weeks now. If buyers continue finding value on these levels we will finally pass the high at 985 and eventually the higher resistance level at 1020 IF not next stop bellow is the 940s level . As we can see on the...
This setup met my criteria so I can't be Upset. I did make one mistake during execution. The SL I set in my trading platform was not above the High but I changed it during mid trade. I've learned in hindsight that my 1hr analysis needs to be at the most recent 1hr zones. Thanks for reading and following my journey
This trade did not meet my setup criteria. It was forced and rushed. It was a very emotional trade. I believe it was partly overconfidence from doing well early this week and also Fear of Missing Out. If I had taken my time and followed my process I would've avoided this costly trade. -1.29R. Lesson is that I must become aware , psychologically, when I feel an...
Generally Bearish on Daily. This was my setup. Price is near 1hr Zone, I defined it as Resistance, someone could've defined it as support but why would we? The HTF's are Bearish. We have confirmation that we have a good chance to drop to the London Low because we have shooting star-like candles rejecting prior 15m S/R zone. We have multiple bear closes past 15m...
I took this short because I was stalking EUR/USD and waiting for a pullback with a favorable 15m close, my setup. But there was no clear 15m low to go retest. Only a wick to fill on 15m in bearish HTF momentum. I Placed this trade about 30m after the first trade. I forced this setup, trying to do too much. In trading, in my humble opinion less is actually more....
Bitcoin CME futures gaps are filled with 95% certainty, and the previous one was no exception - it was filled within 24 hours. But trade them is risky, because gaps can be filled both within 24 hours and within a week I personally long on bitmex from 9750 (1.2% stop loss), will see where it goes. Information is just for educational purposes, never financial...
We started monitoring this asset as soon as it entered the horizontal channel and this was accompanied by the increased volume. The price formation is now looking like a double bottom and the following evidence supporting that: 1) We broke the 50 daily MA line 2) A steady increase in the volume after the second bottom and the current bar is above the 20 MA 3) A...
Bitcoin breaks out of the Symmetrical Triangle (black lines) to the upside, only to be trapped inside a potential Rising Wedge pattern (orange lines) which is considered to be bearish. The target price for that would be 7135 USD. Good Luck trading
Regular Bearish CCI/ Price Divergence has developed; A potential selling opportunity.
Bitcoin was quite volatile on Thursday, October 31 and was trading in the $9,444 - $8,958 range. Surprisingly, we saw almost no change in price as it only lost a few dollars to stop at $9,148. The coin was 11 percent up in October and successfully formed its first green candle on the monthly chart since June. Bulls reminded for themselves on Friday, November 1...
Bitcoin formed its third consecutive green candle on the daily chart on Sunday, October 27 and moved up to $9,550 closing the 7-day period with a 16.5 percent of increase. The BTC/USD pair opened the new trading period on Monday, October 28 with a slight correction. It erased 3.4 percent of the total capitalization and dropped to $9,222 even though bulls were able...
Watch out for a bounce from the trendline and go long . trade with care and good money management
If you like my analysis dont forget to hit the like button. Typical 4Hr Bitcoin Chart. $BTC price is respecting quiet nicely the blue triangle, apart from this its following the trendline (red) drawn at bottom acting as 1st support before price might tests triangle base (blue color)if red support fails. Its a descending triangle bearish, btc might jump bit above...
It has come to reports that the prices of Bitcoin have descended below $11,500 this Wednesday. The pattern has taken the shape of the fictional character Bart Simpson's head. The predominant cryptocurrency had gone past $12000 but there was an abrupt descend only hours later from that. It rose high to $12,145 and slid down to $11,438 in that very afternoon. The...
I called the bottom, I spotted the accumulation, I figured out the Whales plans about going through 6,000 and 7,000 USD, when everyone else were Shorts, and got killed again and again. That is a fact - Our Group were contrarians to the Market. In my prior post I have evidence for it all. Now I will reveal for you, what most likely will happen from now on! We...
CALL TYPE : #SHORTTERM BUY AROUND/BTW : 0.00002700 -0.00002820 TARGETS TARGET 1 : 0.00002970 (10.00%) TARGET 2 : 0.00003143 (16%) TARGET 3 : 0.00003566 (32%) STOPLOSS : 0.00002600 ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT