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Makle95
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Learning! Shout out to Krown for he's TA program!
Markets Allocation
67 % cryptocurrency 33 % forex
Top Mentioned Symbols
BTCUSD 33% | 1 GBPJPY 33% | 1 BTCUSDT 33% | 1
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Basic market maker idea
GBPJPY
, 60Short
GBPJPY: Basic market maker idea
Updated 

Learned from ICT on youtube.

20-25% gain before deciding which way to break the pennant
BTCUSDT
, 1D
BTCUSDT: 20-25% gain before deciding which way to break the pennant
Updated 

RSI suggest that we will have another wave within the pennant with a price target of 8500, after we've hit the current target of ~6900. (Roughly a 25% gain) Once we hit the top of the pennant again, we'll have to check with the RSI again to se whether it's possible to break out to the upside (probably not). Mind you volume is still oddly low.

Bitcoin is no safe haven. BTC follows traditional markets.
BTCUSD
, 1W
BTCUSD: Bitcoin is no safe haven. BTC follows traditional markets.

Comparing the symbols and adding a correlation coefficient, it becomes clear that bitcoin is not a safe haven in case of a globel recession.

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