AlphaCurrencyTrader

AlphaCurrencyTrader Updated 

Excellent Formation of a profitable pattern forming. Use parameters as drawn out on the charts. This would be an excellent setup for a 1:3 RR Happy Hunting!

AlphaCurrencyTrader Updated 

Gold looking to reverse in this zone based on the profitable pattern drawn on the chart. Follow parameters and execute as needed. Happy Hunting!

AlphaCurrencyTrader Updated 

Quick pop back up to the golden pocket. Good news from the Nasdaq in regards to earnings, we could see a small recovery across the entire tech sector going into the end of the week, this would bleed into crypto.

AlphaCurrencyTrader Updated 

Long entry here! Fundamentals are saying this dollar jump higher will be short lived. Also seeing strong bullish divergence on multiple indicators for EU, and Strong Bearish divergences on the dollar. Enter with a nice 1:3 Risk Reward Ration with a target at the .618 Fibonacci level. I will update targets and stop losses in the comments below as this trade...

AlphaCurrencyTrader

It seems like this has absolutely nailed expectations. And even ran a little faster than anticipated! We seem to already be in the LPS (Last Point of Support) and BU (Back Up) area. This is a time we could start seeing profits begin to be taken, and a small cooling off phase. However, during the cool off it should not drop a whole lot lower, and also should put...

AlphaCurrencyTrader Updated 

After publishing yesterday's Wycoff pattern, it does appear we did confirm the Spring bounce in Phase "C" It also appears to be moving a little faster than our markup on the chart, so some caution is advised here. Again, this will not play exactly to the pattern but it should show some signs that will allow us to capitalize off of this move. We are looking to...

AlphaCurrencyTrader Updated 

After studying how this absolutely wrecked the bulls on the downside in May, we are starting to see it take form as it pushes through this last accumulation phase. Now obviously this wont play out exact, and may not confirm on the test at all... However, one can be optimistic if you feel that this bull market isn't quite over like we do. We seem to be in the...

AlphaCurrencyTrader Updated 

Looking for a breakout of this current trending wedge pattern. If it happens we could run this baby right back up where it came from. It appears this last month was a successful attempt to grab as much BTC from new investors as possible. Not saying I agree with the tactic... AT ALL. But it seemed to work for those who orchestrated it. We will be entering/...

AlphaCurrencyTrader Updated 

XRP is looking ripe for a long-term buy here. We've seen destruction in this market over the last few weeks, and XRP has fallen to its 2 month 4 Hour pivot zone of control ($0.85/0.80). With another 4 hour bounce off of this zone, I'm feeling confident we can make the push to the next levels and finish out this bull cycle into September. Buying between 0.83 and...

AlphaCurrencyTrader

I bet you've never seen BTC and Batman in the same room before... We are seeing a 15 minute reverse head and shoulders playing out here. It seems to be only a matter of time before BTC continues its uptrend here. Stock to flow is way off base, and studying all previous cycles, we truly haven't seen anything yet. Also, shorting the last 2 weeks has been wayyy too...

AlphaCurrencyTrader Updated 

Though I am a long term USD bear, this opportunity looks great for a nice dip to take advantage of. Looking to short GU on the pullback and rejection of this 4 hour trend line around 1.415 Entry 1.415 Stop Loss: 2 4 hour candle closes above 1.4225 Target 1: 1.405 Target 2: 1.3945

AlphaCurrencyTrader Updated 

The past does not predict the future. However, it typically does rhyme! Taking a look at the chart to the right, we see in 2017 after the move from the 1.618 Fibonacci around $1,800 extension to the local high of close to $5,000, we saw a pullback to the .618 Fibonacci at around $3,000. After the market resolved itself around this area we then saw the massive ramp...

AlphaCurrencyTrader Updated 

Looking for the bounce here to the .618 retracement from the high to the low. Entry Market: 1.4706 TP: 1.496 Stop Loss: 1.462 Stop loss activated with a 4 HR open and close below stop loss.

AlphaCurrencyTrader Updated 

Grabbing CRWD long option at this level. Multiple factors are setting the stage for nice upside move here. -Overextended W pattern retesting support -Holding the 50 EMA on the daily chart -Strong demand for this current stock Targeting a 10/20% option move in the coming days/ weeks We are allowing plenty of time for this trade to play out. Good luck, lets...

AlphaCurrencyTrader Updated 

Jumping into XLE here. Oil will need to rebound if the market intends to press on, and we see this as a highly likely scenario. We also had a very nice bounce off the 50% Fibonacci line, as well as a confirmation of support on the 50 EMA. With a bullish market and multiple entry factors, this looks like a perfect setup for a 10/20% option return. Feel free...

AlphaCurrencyTrader Updated 

Market is oversold in a larger bull trend. We are looking to take this long swing for the next 1 to 2 weeks or so. Entry: 1.2785 Stop loss: 1.2667 (4 hour candle must open and close below this level) we will be adding to position if it does not invalidate the trade. Take Profit: 1.29 -1:1 RR Take Profit 2: 1.3033 1:2 RR Take Profit 3: 1.3192 1:3 RR As always we...

AlphaCurrencyTrader Updated 

XRP is extremely bullish here. Looking to enter just above the .786 Fibinocci pullback Entry: Between $1.47/1.44 Take Profit 1: $1.67 Take Profit 2: $1.95 Stop Loss: Invalidated with a break and close of $1.30

AlphaCurrencyTrader Updated 

Hopped into Oct $185 calls here. Price retraced perfectly to the 50% Fib line, and is now holding the .382 With a bullish market and top tier stock beaten down a bit from its last impulse I'm looking for a run up into earnings. I'll be looking to sell at a $200 or 10/20% option gain (whichever comes first).