dramadon

dramadon Updated 

I stopped posting my ideas because it almost always make you stick to one bias in an attempt to see your idea play out perfectly. Held many trades entirely too long to hit my pre determined TP areas and often would have big winners turn into losers. Trading what I see in the moment with no desire to show anyone that I was right or how well my charting skills are...

dramadon

A steep retrace after a break of a support level on the 4HR is the thought process behind this setup. Double top formation with exhaustion candles forming in an exhaustion zone all the while creating an engulfing pattern? Lets take it and see where it goes!

dramadon

Taking another short position here on bitcoin. I think a lot of people will take profits causing price to retrace to some degree and from there will be the prime time buying opportunities. Price hasn't made a valid HL point just yet so that's what I am expecting from this setup at the very minimum which would be at 38.2% on our fibs.

dramadon

For a while I've been was seeing buyers in this market as counter trend trading but price has been holding this support level for throughout this month so going long here doesn't seem like the worst possible idea.

dramadon

Its crazy bullish, nothing else to say

dramadon

Exhaustion zones being tested so this seems to be a high probability setup. Lower TF downtrend structure forming so I want to hop on and ride the wave for however long we surf.

dramadon

US30 is extremely bullish but I see a slight transition in the market so a counter trend trade here may not be a bad idea.

dramadon

Looks like price wants to bounce off this exhaustion zone once again. Could be common sense to take this one but I still see bearish vibes on the higher TFs. I see uptrend structure with this recent higher low being created although we haven't seen a BOS. Possible W pattern as well. Entry might be slightly early so scaling in all throughout the exhaustion zone to...

dramadon

Pretty easy setup here. BOS on multiple timeframes as well as a bearish engulfing showing that sellers are picking up momentum in the market. The only thing that makes me nervous about this setup is the sellers exhaustion type candles near my entry.

dramadon

Overall bias is bearish but I feel like this wouldn't be a bad counter trend trade. Looks like price is transitioning over to an uptrend on lower TFs so we can look for buyers to enter the market here. If price breaks the 38.2% PRZ the next target is 61.8%. Im not exactly in just yet, I want to see price pull back a bit more to give me the best risk to reward on...

dramadon

Price has shown some strong bullish momentum and now is retesting a zone that had previously be broken. We can look to see buyers enter the market to drive price up here.

dramadon Updated 

Price has reached a strong support level so I would assume buyers are going to come back into the market now and try to drive price up. Price may actually fall through the floor though so you have to be fluid in how you take advantage of whats happening in front of you.

dramadon

Price has reached a daily exhaustion zone that has been tested numerous times. Pretty simple entry here.

dramadon

Going long here on gold. Double bottom on daily

dramadon

Looks like a possible continuation here on EURAUD. Fibs for tp. Bears look like they may take over the current market.

dramadon

I think price is finally ready to make a push to the upside based on my lower time frame analysis. Still analyzing to see if there are better entries and maybe even a trend reversal possible.

dramadon

Price broke a daily exhaustion zone and has retested so we should see sellers enter the market to continue the push downward here

dramadon

Trendline here to track the buying pressure. Looks like price has broken the trendline and we can expect to see some type of selling pressure enter the market here.