TP1 on the White level, with 1.35 RR and level where will be nice to place the Break Even
USDJPY, high probability going long and depending on what happens next, we could be expecting a drop, but this second option is not yet confirmed until price action patterns confirm it.
Firstly mention the manipulation over the double top, where profesional waited until they found the liquidity region acting like a bearish trap, they positioned themselves on the blue region, the rest are stop losses working for them. Then, using the fib extension since 0.31125 until 0.32250 we can see how precise the movement ends on the 61.8 where profesional...
Hey guys, I am here again, posting some content from my analysis, so, first of all, in my opinion the downside movement is near to finish. Second of all, If we see this behavioural patterns we see a triangle with a previous downside movement, which breaks with a high impulse, retest the triangle and then arrives to the 61.8% fib extension. After that, we see...
Here right now we have a nice scenario where the XRP is giving us the opportunity to look for a long, on the 4 hours chart I did not see a closure candle below our tringle formation, so, this means a potential spike up, then, on the hour chart we see how the price came back inside the triangle, so, i have drawn a small trend line as an indicator of high...
If you have read my last posts, you can know I am right now looking for the accumulation regions, with patience, so, looking to the BTC and XRP weekly, in terms of corrections, the first one is XRP, then ETH and the last one is BTC, so, those 2 cryptos, are finishing they're -0.27 fib correction, so, on the -0.27 fib correction, for me, is the accumulation level,...
I have been explaining my thoughts on BTC lastly here on tradingview, and today I thought is the perfect day to explain what I think could be happening next. First of all, in order to trade like an institutional, the timeframe we need to analyze is the weekly, if you trade out of the key regions on the weekly, we have to know that we are trading out the regions...
Hello everybody, as you can see on my last post BTC Position, I have drawn a trend line on the weekly chart, this weekly chart shows how my perspective says BTC will fall after retesting that trend line, as always, I could be wrong, but I try to do it with the most objectivity as possible. Let's explain it, first of all, BTC is on a downside market bias, this is...
As we can see here, the market bias is quite clear, short, and the behavior of the BTC is swell quite clear, it is coming again to retest the downside trendline. Following BTC patterns, we should successful trying this 1:3 trade, however, BTC sometimes could be very volatile, and that's why I don't try swing trading or scalping. If we see here, BTC each time...
As of now we are where it could be the end of the ''correction of crypto markets'' since January 2018, I think this is what could be happening next. First of all, we have to open the possibility of having a bull run, something that is claimed to could happen, so, the support and resistance line drawn in the 012$ will be my first position (weekly closure candle...