PEPE where are we going now??? We have deviated the mid range and I used it as an opportunity to long the void (blue box). YES, EVEN IN A BEARISH MARKET YOU CAN TAKE LONGS. Nevertheless, the overall bearish sentiment and plans remain (even though the US has decided to raise its Debt Ceiling --> higher debt ceiling = lower DXY = more bullish moment and...
PEPE did not give the deviation we expected but directly nuked to the downside after the retest. If you've taken an aggressive entry congratulation and take some profits. Currently retesting the highs of the range we previously broke out of. Expecting a possible run up to the upside and deviation before a continuation to the downside. DO NOT CHASE THE TRADE...
We have gotten our first test of the mid range. Waiting for PA to develop and give us a deviation above 1.6400$ Will look to open shorts if we hold below it after deviation. Plan remains the same for now until proven wrong. Entry after deviation of 1.6400$ Clear invalidation above 1.6500$ for the time being. TP 1.6030$ TP 1.5860$ SL above 1.6500$ Stay...
For further confluence with the newest OP short scalp idea (idea linked). We are currently trading in a big range. HTF range high is 1.6965$ HTF range low is 1.5860$ Mid range stands around 1.6350$ and is considered as the current range high for the 15min trade idea. Blue box represents the deviation of the mid range Black box represents the accumulation...
A current low has been established on the higher time frame (1H) Price currently retesting the highs of the range (15min). Expect a deviation above 1.6400$ and a retest of the clean lows (red line). CLEAN LOWS = EVERYONE HAS THEIR STOPS UNDER IT Entry after deviation of 1.6400$. Stops should rest above 1.6500$ for the time being. TP 1.6030$ TP 1.5860$...
BTC is finally giving the 26.6K retest discussed previously (linked idea). Will look to open new shorts after a deviation of 27.2K. Invalidation remains 27.5K-28K for the time being. A clear break and we will look for other trades ideas. Currently on the sideline waiting for more PA to develop. Entry at market (aggressive) with stops above 27.5K. Entry after...
PEPE is currently retesting the lows of the range. We've have two deviations of the lows for now (blue boxes). Took two trades in the second deviation 1 win 1 BE. PA currently playing around 0.0015030$. Except a run up to 0.0015500$ and a deviation. Any clean reclaim of the lows and the idea is invalid. Entry after deviation of lows 0.0015500$ TP...
SHIBA just like the other plans is retesting the highs of the range. The blue box is the current deviation and any price action into it is an opportunity to short. Expect a deviation around 0.008700$. Current PA capping the price sits around 0.008755$. Entry at market (aggressive) would have you set your stops above 0.008755$. Considering the volatility of...
XRP is currently retesting the highs of the range. A clear deviation and accumulation below the lows (blue box) before a reclaim of the lows. Lows have been reclaimed and we are currently playing around the highs 0.4750$. Expect a deviation at this level. A clean break below 0.4750$ and a retest of the range lows (0.4450$) For now on the sideline waiting for...
Taken out a BE after a first good move to the downside and having taken some partials. Currently retesting the lows of the range. Expect a deviation and a continuation to the downside. Currently on the sideline and will wait for a reaction around 21.150$ if there is enough momentum to push it this high. A clear deviation and we should revisit the lows sitting...
Patience has payed off and we are finally getting some PA around the previously indicated liquidity zone (grey block) We will wait to see if there is further expansion to the upside. Expect a deviation above the current grey box. Deviation around 0.07200$ - 0.07400$ Plan remains the same for now until proven wrong. Entry market after deviation or above...
Been in this short since 90.50$ and taken some as on the SOL trade (linked idea). Stop at BE and waiting for a retest to compound. We have broken the lower range and are currently retracing. Will look to open shorts at a deviation of 88.62$ (if there is enough momentum). Clean reclaim and we will look to short higher. TP 80$ TP 72$ TP 60.60$ SL above 90.45$...
Been in this SOL short since 20.492$. Taken some partials already (pos at BE) and looking for a retest to compound. The sentiment remains bearish as we have broken the lows of the previous range 19.805$. Expect a retest of the lows and (add) or open short positions after the deviation. Will look for any deviation of 19.805$. A clear reclaim and we will wait for...
Why are we currently bearish you may think? Here is why... THE DXY IS RETESTING ITS YEARLY OPEN. The previously established range (and May open candle) have been traded through and liquidity is cleared. We are now heading towards 104 - 105 and most likely 106 if there is sufficient momentum. Unless there is a clean break of 103.250 the markets remain...
As expected the deviation played out perfectly Trade is closed. Expect a similar scenario as for the DOGE idea (uploaded a few minutes ago). If you want to (add) shorts keep an eye on the reaction around 1.1130$. Any clean reclaim cancels shorts. Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price...
FOMC minutes are out and we can expect FUTURE rate hikes later in the year (bearish for markets and bullish for DXY) But let's focus on the NOW DOGE is currently at the lows of the range (0.07035$). Expect a relief bounce and deviation around 0.07200$ - 0.07400$ Waiting for the deviation and will enter at market (riskier entry) or below 0.07300$ Entry market...
In this short swing since the 15th May 2023.(personal entry 27K but added so aggr. 26.8K) PA is finally breaking to the downside and opening the range 26.6K-24.5K. Mid point would be 25.2K Expect a retest of 26.6K to open or add to short positions. Entry: 26.6K retest or market (be aware of risk 1-5%) SL above daily highs if entry at market SL above 27.5 if...
TP hit. Unfortunately, personal position (expected sniper entry) did not fill but trade idea worked out like clockwork if you've entered at market (as prescribed in yesterday's idea). If you've taken the trade enjoy the profits and on to the next one!!