Nofomo
GU Pushin real good! Now that we to another London Session and it is Tues I clearly see signs that this trend wants to continue bullish for now. So long as I see Order Flow continue to line up with how the pattern is printing then I continue to remain bullish. No news till tomorrow. So lets see where today takes us!
GBPUSD Looking like it wants to reverse soonAs I monitor price looking for the original target of the previous Aug high to be taken out but not to sure if it will have the strength to get all the way up there. It is only Monday and a New High/Low is created for the week between Tue - Thurs. So watching to see how price reacts going into tomorrow.
⚠️ 🔥 No Time to FOMO!!!! ⚠️ 🔥⚠️ 🔥 NO TIME TO FOMO!!!! ⚠️ 🔥
Goodday for the markets and Crypto as the news came out being ok:
US inflation slows to 6% annual rate amid looming banking crisis
Let me rephrase it: the worst news where avoided, inflation did not rise. Look at CPI chart maybe:
SP-5OO gets rejected despite the predictions for a 'softer more dovish' monetary policy:
In the meantime bank charts look pretty bad to me:
What i called 'good scenario' level did work as support for BKX but it will be retested:
Also, Credit Swiss is nothing but bad news:
www.bloomberg.com
Lastly , i really don't like this rejection on Wells Fargo:
In a few words: let's be careful...
No love these days, just volatility.
The FXPROFESSOR
#NOFOMOAs BTC rises, here comes the tricky bit for Bitcoin watchers. DO NOT GET FOMO bro's!
The Moonbois and Youtube influencers cry that we will never see $35k again. Just like they did last time.
"The bottom WAS in! Hurrah! Hope you bought the dip!" they say............
"Off we go to $275,000, $350,000" or whatever nonsense they were peddling last year.
Let's look at some hard facts. They were all wrong. None of them predicted another collapse to $33k.
Me and @Mayfair_Ventures did. Here is proof:
We are not geniuses, but we do look at the price action. It has been amazing as the institutional entry into Crypto (and especially BTC ) has had the effect we predicted, not the effect the gurus predicted. They said: "Institutions entering the market = MOON!" We said "Institutions entering the market = BTC starts behaving like Forex and Commodities".
It's great really, because it makes it far more predictable, and it has behaved really well. The chart show the blue Monthly Elliott Wave plot, showing us that we are in a 3-4 downward move. You can see the weekly wave in white and the daily green Elliott Wave within the weekly 4-5, which was a weak 5 as we predicted.
Why am I writing all this? BECAUSE I DON'T WANT YOU TO DO A LOAD OF FOMO BUYING!
The 3-4 monthly move will very likely be an A-B-C move as shown. I have placed 2 different B's on the chart. @Mayfair_Ventures thinks the lower one at around $48k. I think that we will get to $53k. My reasoning is that the market is way crueller than even @Mayfair_Ventures thinks, and the hype is hypier in BTC than anything else. The rally has to be convincing to fool you all.
It is a psychological trap for all of you. You can actually see it playing out right now. The A seems to be in and now we get the A-B move which fools everyone into thinking that the bottom is in and the momentum is building for a new ATH . It's your psychology that is making you think that, along with 90% of other retail traders. Your FOMO will build and build till you panic into BTC . I don't know exactly when you will crack, but crack you will.
Be Patient The C will come and then you will be a lot safer when you buy. We will be buying with you at that point. We are bullish just not here!
Spread the tag, help your friends. Look at our track record at Mayfair. Keep hold of your money and don't give it to the manipulators.
#nofomo
LTC - No brainer - 400%+ (No Laughing Matter) Let's Go!Hello Traders,
History doesn't always repeat itself but god damn, I will not let myself once again be proved wrong by not getting in on these historically low prices.
I mean honestly, look at the swings, we are at the bottom, just like many times before. Buy low, sell high, it's the mantra all traders live by.
Yes, I know, some of you want instant gains, and that's fine, other traders will gladly take your liquidity --- straight to the bank, AKA their metamask wallet...
Don't fall victim to FOMO. Buy, hold, and realize.
Also, trade with BTC pair, if your goal is to accumulate BTC. Smart money buys with the long game in mind. Accumulate, accumulate, accumulate.
Simple.
Good luck!