can't deny that this breakout could also be the (E) which is historically known to be a false breakout. this playout would be indicative of much more money printing, and the devaluation of the us dollar for a very long time. would send crypto and stonk markets to the moon in a total frantic euphoric state. i am not attached to any single idea, just throwing out...
with $DXY starting to breakout of a year long falling wedge, things are about to get interesting. While my target is only at 360, we may go much lower if the DXY case plays out.
2\5 360p at .79 2\12 360p at 2.43 tight stop if we get a 1h close above this black line
this is my primary count as of this evening, but will entertain a more bearish outlook if 360 does not hold for whatever reason. will open a few longs at 360 to attempt this trade, but ultimately will have a tight stop just beneath 360 as a break below this level will indicate a slightly modified idea.
doge undergoing a correction, will pick some up near the end there.
I had this idea not too long ago: taking a closer look this morning, we may get this drop down to 24k sooner than expected if this does happen, it will fill all the gaps on blx, possibly down to 22k.
i picked up a few longs at the end of the day, but will be selling them off into this suckers rally :^). re-shorting in the days ahead.
big money to be made during these moves, especially if you know what you're doing.
$spy 400\420c's for 3\19 and 4\16 (equal sized) $qqq 330\350c's for 3\19 and 4\16 (equal sized)
Not many will see it coming, but if you do come join me in this journey.
just something i came up with on my free time. buy btc at 22.4k pt: 115k ps. i am not currently in the crypto market, but am looking to become a buyer if this idea manifests into reality.
spy 2/19 - 380p 3/19 - 370p 4/16 - 350p >sell the 380p when it goes in the money >sell half of the 370p and 350p for 100%+ on the first bounce to cover the entirety of this trade > buy them back with house money for the final drop
2\19 350c ~pt 1: sell half at +100% to cover the trade ~pt 2: +200% ~pt 3: +300% (duration: 14 days)