🎓Plutus Exploration Index🎓 Casually Trading the Crash💹 The PXI has been casually setting off trading signals with unfathomable accuracy since the big crash started about two weeks ago.
🎯 Dead easy trading signals are netting profits like nobody's business. 3 Signals went off on the 4h time frame. Two short and one long signal on Monday of which we called at $4950 on Sunday.
🔸 Short - Close at -13% @ x10 leverage = 130% profit
🔸 Short - Close at -27% @ x10 leverage = 270% profit
🔸 Long - Open at +26% @ x10 leverage = 260% profit
⏰ Total of +660% profit in only 13days !
📈 Request your free trial on the indicator today!
Easymoney
🎓#SpotTrade 🎓 $NANO / USDT 🎓🔸 Signal Info: Nano
Rank: #61
Exchange: Binance
Direction: LONG
🔸Analysis: Nano has been pretty heavily hammered on both the USD and Bitcoin base pairs. The fib levels set here are off extreme high and low wicks and they appear to be legit based off previous price action. We are looking at the 12h time frame here, and our PXI indicator signals a buy.
Risk on the trade is above average considering the conditions in the market. Profit levels are also above average, so just considering the volatility we are dealing with before opening a position.
Higher level targets might be out of reach for a week, but if we can keep this position open long enough, this could also be a brilliant long term entry.
🔸Current Price: $0.3680
❇️Entry: $0.3430
🎯Take Profit: $0.4730, $0.6050, $0.7960
🔸Stop Limit: $0.2975 (-13%)
GBP/JPY long trade This is for the current price and I believe that it go for the upside starting next week.there's two previous candle that rejected @ 132.500 QP and the last candle here is starting to do the same thing. plus its around my kill zine so its safe to say that this is a good buy entry.
🎓 Bitcoin Update 🎓 PXI short signalThe technical patterns drawn out in this previous analysis were spot on. The falling channel wedge represented the trend, and the significant structure that Bitcoin had been dealing with as of late. On the larger time frame, this channel is the handle of the cup, the pattern that we foresee breaking out, and taking us to the higher high levels marked out on the previous analysis. Since we failed to break it this time, It seems inevitable that we visit the underside of the channel at the $7900 level. Much of the market was trading on the fantastic inverted head and shoulders pattern, and the break of that optimism sent the asset into a free-fall. Ripples are seek throughout the market today with great losses across the board.
Sound technical analysis is essential, making the right move can make or break your portfolio, but there is nothing like having a smashing, fine tuned indicator in your arsenal. Our PXI indicator had the sense to deliver a stunning sell signal before this turmoil, triggering a short at around $9180 which is open with about +10% profit without leverage as we speak. We are keeping a close eye on the levels here, but we anticipate contact with the underside of the channel at $7900 before a swing.
GBP/USDHere I have a not so perfect double bottom formed, double bottom basically mean that there is a bullish move coming and you should pay attention to it.so I mapped out the pip distance from the bottom of the pattern to the neckline and that was my judgement on where my entry and exit would be.
GBP/USDHere you can see that I drew a rising wedge to track down the bearish move, I marked up how many pips was the last range and estimated how many pips I wanted from that trade. the market at this time was moving incredibly slow and missed the full range by 8 pips but that is ok because I wouldn't want to be that greedy and secure the full 192 pips that was predicted.
Gold Short SetupFor the majority of this week, gold was holding around the 1650 zone. Finally it presented an opportunity to for me to enter a short position, offering a 2.5:1 R/R.
I targeted the 50 ema on the daily chart, as this was a reversal (counter trend) trade, which took profit a few hours later.
Currently, the markets are extremely volatile due to the media reports on the virus. My advice is if you are not experienced, wait until this has all blown over before taking any positions!
Have a great weekend!
P.S
If you want to learn more about how I trade, drop me a DM on here or on IG @saxonpooley!
GBPUSD SHORTOverall Trend = Short:
We´re looking for Shortpositions
at the target of the black primary
sequence, which would be also a reactiona
at the target on the 1.8 Extention if the
green primary Sequence.
Most attractive Buyzone= Target of the
orange primary Sequence , if we get a
bullish Priceaction at the green Correktion
we can also look for Longtrades
GBPUSDWe have an aktivated primary Sequenze so we can hope that the Price
fall to our atraktive Buyzone (Fib. 0.5-0.667) for a Longposition. Between
the Target of our primary Sequenze (1.618 and 2.0 Fiblevels) we´re lokking
for some Shortoppertunitys in the 1h Chart (M- Formation, Pricetrap, etc.)
to get a nice Entry for a Swingtrade to the downside