USDJPY Short Opportunity - FEBRUARY RECAPPrice created a FAKEOUT - clear resistance level & reversal pattern with clean traffic. Only risked 0.5% as still finding confidence in this new strategy.
Fakeout
$PEG ShortRejection of downsloping supply line
fakeout of former support with bearish engulfing candle
confirmed daily bearish divergence
✅EUR_AUD NEXT MOVE|SHORT🔥
✅EUR_AUD price grew again to retest the resistance
And then made a fakeout
But it is a strong key level
So I think that there is a high chance
That we will see a bearish move down
SHORT🔥
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EUR-AUD Careful Short! Sell!
Hello,Traders!
EUR-AUD made an attempt at
Breaking the horizontal resistance
Which ultimately failed and now
We are seeing some rather bearish
Price action leading me to think
That a bearish move will follow
Sell!
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See other ideas below too!
BTC weekly falling wedge pattern breakout and retest!!Hi dear community and my faithful followers, let's pay attention to this weekly falling wedge pattern which has broken and retested with false breakdown/bear trap/ and double bottom+ RSI bullish divergence.
At the same time RSI diagonal resistance has been broken and retested as well. On the chart you explained why I think so)).
Read bellow text to understand why I think this is a false breakdown/bear trap/ with double bottom.
The bellow ideas are from my previous analysis coz the circumstances and the situation are the same.
I think the recent dump to 15.5K is a fake breakdown/bear trap/ with double bottom + RSI bullish divergence like 2021 November top, which was a false breakout/bull trap/ with double top+ RSI bear div .
So I think the real bottom was at 17.5K in June like the real top in 2021 April.
I'm considering that BTC has succeeded to break RSI diagonal trendline and now It is making a retest, I think it will hold and send BTC to 28-30K. On chart you can find my explanation why I think RSI diagonal resistance has broken.
BTC !! Fantastic & life-changing opportunity or lower pricesI'm looking at 30D chart adding 2 customized indicators which show amazing history data)):
Red columns on first indicator show BTC bottoming process in a bear market and when green color flashes after red new uptrend / bull run starts/.
When green columns appears on 2d indicator it means BTC has already bottomed and when white color follows green column, it marks a new uptrend/bull run/ start.
Be smart and make life-changing decisions.
Don't miss such kind of fantastic opportunity.
To tell the truth I don't expect lower prices.
Based on my analyses new uptrend starts in December 2022:
My worst case scenario is 13.7-14K - 25-30% probability and new uptrend from this point with double bottom 70-75% probability.
People think BTC broke 17.5-18.5K support and expect lower prices, But I think this is one of the biggest bear traps/fake break down/ in BTC history and expect lower prices like 12-14K or even lower 8-10K.
But BTC will surprise everybody like it did in 2021 November when everybody expected 100K + $ BTC, now when everyone is waiting lower prices BTC will pump with double bottom pattern as it dumped from 69K making double top.
If you like my ideas , don't forget to follow me please. I will appreciate a lot.
EUR/USD likely to fall! TP hit!Hey tradomaniacs,
TP quickly hit and now im short.
Technically we see a fakeout and a good chance to short.
Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached.
Now its more the fact that raised rates and upcoming rate-hikes into a recession will cause big problems... I exppect more risk-off!
Market-Depth has shown absorption!
BTC! Where is a real Bottom of BTC bear market?I'm looking at weekly timeframe of BTC chart. I'm comparing 2021 Bull market top with 2022 bear market bottom.
Call me crazy but I think a real bottom of BTC bear market was in June 2022/at 17.5K/ as BTC real top of Bull run was in April 2021/at 65K/
Nov 2022 bottom is a bear trap and fake break down like Nov 2021 top which was bull trap and fake break out.
I incline to think BTC bottom was at 17.5K on 18.06.2022 as I mentioned in my previous analyses coz I trust all my previous and current analyses , all history data, super powerful indicators which flashed BTC bottom only 3 times in BTC whole history and more than 20 powerful charts and analyses I have done since June 2022.
Possible UPside of bitcoinhello traders
There is a bullish impulse wave that did not close according to the method of closing the waves, we will get a wave equal to it at least, so if the price is able to remain above the support level, a buy trade will be executed to target the supply area
GBPCHF SHORT TRADE hello traders
We note the weakness of the british pound and it is expected to decline against most currencies and We have a good entry point to sell the British pound against the Swiss franc
Bottom of this Bear Market - Dump Before a Mega Pump Bitcoin is breaking out of the falling wedge and breaking the resistance line it has never broken from its all-time high. In my view, this is a fakeout and we will see a correction to 12k where we have two support lines to give us a mega bounce and that will be the bottom of this bear market. Let me know your thoughts on all this.
volatility still horror pic in the makingthe fed isnt interested in saving the market. it only cares that it delays the maximum selling until late in the year. they want choppy action because this allows them to scare retail out and institutions can scale horizontally. were likely to hit signal, sss ma, trama and rebound. uvxy is a sell if we get to top of envelope or we break pivot and continue lower. its still a buy around green signal.
betting on rip sellits fantastic that major indices are still managing to find areas of support on the way down. this to me is indicating when we do finally recover it will happen in a reliable manner. its also telling me that these areas are not max pain. to find a bottom permenantly id like to see bullishly diverged oversold levels in high volume. right now signal is still red, and trama sss ma are resistive near top of envelope. these indicators would need to show green candles before spx is a buy again.
BTC short term analyze...BOhello guys
yesterday #btc made a fake out from small range and after that break down bottom of range area and i think it will continue to reach $18038, due to last spike movement!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
Btc/USDT Short📉 Fakeout!!!This fakeout is based on my SSS-GRADE STRATEGY
From the backtest of my SSS-GRADE STRATEGY almost most of the time this type of scenario leads to fakeout. So even if btc break below the support line it wouldn't be very good for short from my opinion.
This is idea is for short scenario only and for more confirmation we need to watch btc at the breakout time.
Here is one of the examples of fakeout in the same scenario:
(why 5min? because my strategy works same in any timeframe)
P.S.THIS IS NOT A FINANCIAL ADVICE. This idea may not go as the same way as I am telling just because of how much volatile and unpredictable BTCUSDT is but its better to stay alert.
Linkusdt fakeout??? From my SSS-GRADE STRATEGY backtest this might be a fakeout if not this would have been a very good trade
P.S.THIS IS NOT A FINANCIAL ADVICE
POSSIBLE TRIPPLE TOP FOR CHFJPY. LOOKING TO SHORTWe are still Holding the SHORT overview. Waiting for confirmation on the POSSIBLE TRIPPLE TOP.
NAS100USD | NASDAQ | SellEntry parameter ;
1. Supply zone
2. Resistance trendline
3. Setup fakeout
4. Bearish flag pattern
Entry Sell = 12500
SL = 12700
TP1 = 11800
TP2 = 11150
RR1 = 1 : 3.5
RR2 = 1 : 6.75
Fake Breakout 1.You can diagnosis fake break outs with RSI divergence 2.One of good setups is wedge setup. Don't forget you can open position on third touch to trend line when you have divergence in RSI 3.Trend is your friend until it don't finish but here I didn't open position because I didn't have good r\r
BTC SHORT HEY traders
We monitor bitcoin for the opportunity to sell waiting for confirmation of the seller's entry to activate the trade
ETH: FAKE BULLFLAGRecent PA marks a top
Right, i'm SELLER SIDED. I will COMMIT and i don't care what any other moonboy think.
Set a STOP LIMIT SELL below the red line as shown on my chart IN CASE the price dumps below it.
On which the target will be right above the most recent supply zone @1531 (BLUE BOX)
To finish, your Stop loss will be set on the most obvious place for a breakout pump to happen (@1790)
We're all gonna make it.
