Double-Edge-Trader

Double-Edge-Trader

Great volatile times for crypto. Worth taking a few big swings during this period. A 70% gain looks possible from here. Good RR

Double-Edge-Trader

Still awaiting for this Monthly candle close in a few days, In the meantime, I have highlighted the pattern before the huge crypto dump in 2018 and you can see it is almost identical to the pattern formed on the monthly chart over the last few months. In 2018, We had a huge hysteria kick in and everyone thought BTC was going to a $1m but then we had a bearish...

Double-Edge-Trader

This uptrend will end sooner or later. We approaching a strong sell zone and may see a decent sell off from this region.

Double-Edge-Trader

Here's a possible scenario for a BTC short. Good RR available. Price may break the trendline, re-test and go higher. Let's see what happens

Double-Edge-Trader

AU is currently ranging between this downward channel. I have highlighted some possible trading zones, as long as the channel remains in tact!

Double-Edge-Trader

A possible 1:5 short opportunity on the Dow Jones. Last week a strong supply zone at the highs and we may see a sell off. The RR makes the risk worthwhile

Double-Edge-Trader

If we analyze the Monthly Bitcoin chart, we can see the first fibonacci target has been blasted through. However the Monthly Candle is now hovering below the target. With still a week remaining of January, it will be very interesting to see if the Monthly close remains below the fib level. Unless the bulls decide to step back up, the outlook is very bearish -...

Double-Edge-Trader

I believe Gold will reach a new All time high this year. Here is a possible route using Buy/sell zones and Fibonacci retracements

Double-Edge-Trader

So we have had some strong selling this week and I think the bears are gaining control. Some very bearish signals combining with strong supply zones could mean a drop towards the $700 region. The main cryptos seem to have run out of steam for now and the big boys will look to buy more at a cheaper rate. Let's see how this play out

Double-Edge-Trader

We are approaching a key level and may see a push up to re-test the weekly supply

Double-Edge-Trader

Will see how the market opens and behaves before entering this trade. But a very good RR available

Double-Edge-Trader

EU has printed some bearish signals on the Weekly timeframe. These signals are in a Major Supply Zone so this is a long term trade opportunity

Double-Edge-Trader

We are at a very interesting level for GJ. Here is an idea I have put together offering a decent RR

Double-Edge-Trader

Ethereum has raced to a previous Weekly Supply Zone. The Zone is not fresh, however it is a very strong zone so we may get a sell off

Double-Edge-Trader

Since crossing 20k, Bitcoin has entered fresh territory, leaving no Price Action or Sell Zones to the left that we can work with. Zooming out to the Monthly Time frame and putting a Fib on, may give us a clue where Bitcoin is trying to reach. The 1.618 is a common target zone and looks like we may currently be in Wave 3 of the Elliot 5 Wave Principle. Im still...

Double-Edge-Trader

In 2017 Bitcoin had a huge rally and a drastic dump followed. I have tried shorting BTC recently and been caught out a couple of times during this bull run. However, there does appear to be a clear Head and Shoulder pattern forming on the 4 hour time frame which may push price down to re-test the previous highs made in 2017. Im assuming many will take profits off...

Double-Edge-Trader

We've had the drop back into demand, strong supply has been removed paving the way for a push higher. 2021 will probably see some of the major Alts, such as XRP, returning to previous highs

Double-Edge-Trader

Here are some key areas i'm waiting for price reaction. The real bears seem to waiting further up. Let's see what 2021 does for Gold