We entered this trade in the community over a week ago. We are sharing this now because a break above the 40c level would give an opportunity for a second entry at a backtest of this level. I'd simply add it to my watchlist and have a notification set for a breakout, if a backtest happens you can take a long there. We will post a backtest trade if there is a...
I'm not someone that believes that when the markets pump the dxy has to dump and vice versa. However, it is undeniable and pretty logical that there is some correllation. In this case the markets have been extremely bullish for a year straight with no significant pullbacks, and the dxy incredibly bearish with only one minor retracement. It is now at a key...
Original entry Trade set up: - Adam and eve double bottom at the pcz of a harmonic - noted not a formal one but still a great shape and perfect 886. - Massive bullish divergence at the adam and eve bottom. - Clear rounding suggesting vast accumulation. Uniswap has been one of our favourite picks in the community, it just trades really well. We have been holding...
NIO hit the first TP of our trade set up and then violently reversed. We had a SL at 6.99 that got triggered and we took a loss for the rest of the position. Although we took a loss, we can see how well our levels were respected, and why a SL at 6.99 was key. As soon as we fell below 6.99 we proceeded to fall another +10%, and now we sit at 6.34. There is no...
OXY is defending a major support once again after completing a bullish shark 2 months ago. We are bullish on US Oil already and these stocks are looking ready also. Bullish convergence at a major support level with a completed type 2 Bullish Shark.
GMT has completed a type two bullish gartley above a key inflection point. Target is the .618 and then the 1.618 which lines up with the next major resistance. Looking amazing above this level, we are long.
Filcoin additional long as we have been bullish on it since a few months ago. Minimum risk maximum upside - Dragon - Key support level - Bullish Divergence
LSE:ONE has completed a bullish bat and sprung above the prior resistance, which is a historical key level, it is now testing that resistance as support. It is possible that we go back down to the pcz of the harmonic to complete a type two return, hence why the stoploss is below that pcz. Having said that we are in an actionable area now so we plan to monitor it...
SRM is showing a great amount of accumulation and if this level holds then we should see significantly higher prices. Whoever is buying this should look to accumulate at this level for the next few days/weeks, when resolution comes and the accumulation period is finished then this asset could really explode. Having said that, it is a previous FTX token that...
PYTH completed a type 2 return at a 0.886. Not the most formal harmonic but this has all that you look for when trading these patterns. Local level acting as support on the type two, clear exit points. Good luck.
Etsy is backtesting a massive historical level after springing above it following a false breakdown. The false breakdown also completed a bullish shark at the 886 on the weekly. Full pattern and targets shown below.
UA completed this bullish harmonic over 8 months ago. It hit our first tp of the trade set up before falling below the key level where we were stopped out. We do not have an open leveraged position on this asset but we are accumulating it at these levels as it has turned bullish again. The spring back above the key level and the backtest that has occurred...
EUR/USD is showing clear bullish divergence within a beautiful falling wedge. The trade is not active yet and we are looking for two potential outcomes: 1 - A breakout and check-back to support where we would long. 2 - A retracement within the wedge, that would give us a potential for bullish divergence again and maybe even the lower support being touched. In...
You can't ask for more. There are earnings in a week so lets hope they go quietly, we don't want any major swings. Let's see what happens and we will be back shortly with an update. Its funny because we've been analysing NVO closely and I accidentally typed NOV, just to get one of the best looking assets I've seen since BTC at 25k - in fact they are very similar.
We posted a few hours ago a chart to show why we think the dxy will be bullish over the next few weeks. This can be a great opportunity to short an asset showing weakness against the dollar, such as the pound. GDP/USD in a perfect rising wedge where each higher high is increasingly marginal. The rounded top suggests lack of demand and when you couple this with...
Dragon at demand zone. Many coins are showing this. I will post our long term set up tomorrow as well. Harmonic with an adam and eve pattern...
After BTC hit the first target of our trade set up it collapsed more than 15% from it's high to low. It's not looking bullish on the daily timeframe and after hitting the 48k level we could very easily get a deeper retrace to sub 40k. Having said that, there is some hope. We have completed a bullish shark and reacted strongly off of it. We have stayed above 42k,...
I posted this a week ago but not much has changed. It was taken down by moderators because I mentioned something that went against house rules. Nonetheless: ORIGINAL POST: Nio has double bottomed on the weekly at local level with bullish divergence on the MaCD. It is also showing a clear shift in momentum on the 4H and Daily timeframes. We took this position a...