Closed trade & next scenario A quick update on our trade and what we see happening in the market. Our plan still holds: we reached our second target and reached max target. We expect some to see some range-like behaviour before possibly reaching the 2.618 extension level. Or perhaps we will see a strong bearish reaction and cycle at our max target. As always, we...
Week 30 - Market Update Hello traders, welcome to your moment of zen :) We had a nice upweek last week, activating our trade. Today we reached our first target, so our members should (and probably did ;)) at least take partial profits. Let’s look at the markets to see how price is developing and we can find possibilities for re-entry towards our max target....
ETHUSD Long setup - Short term Welcome everyone, we have trade setup developing for ETHUSD, following pretty much the same path as Bitcoin (which we looked at yesterday, and our trade got activated ), only looking a bit weaker. DAILY We’re still working well within our downward channel. kind of bouncing around the median line. And perhaps this is is a...
Week 29 - Market Update Hello everyone, welcome to this weeks market update. As usual, let’s start with the weekly chart. WEEKLY Not much has changed on the weekly chart. Our outlook is still that we will break the support around 6000 and then rapidly fall to 5000, eventually going even lower. However at the moment we seem to be working on a correction of...