Patiencepays
GOLD I hope everyone has a blessed week. I am ready for this week. I have been watching Gold and also Apple.
A weird combo but I have started to learn how they move so it works for me, lol. The weekend (sat/Sun) indicator helps so much.
I use this to see whether the analysis will be bullish or bearish starting the week off.
Remember that patience pays. You got this!
$VCEX Buy the breakoutBuy the breakout of this falling wedge
RSI turning bullish on the 4 hour
This is a mid term hold
Rising Wedge pattern in BitcoinI was in for the buy in the morning around 5am. Now this is clear to me that this is a rising wedge pattern being made. Ive set a take profit an my entry point on the graph for the sell. This market looks as if it is making its way back to the rising trendline on the Daily view to continue this beautiful upwards trend.
ETHUSD Weekly Overview 3/26ETHUSD WEEKLY OVERVIEW 3/21 - 3/26
In this video I go over my personal perspective on the opportunities Ethereum presented throughout this week. There were 2 amazing entries that were presented totaling over 350+ points! The first setup averages around 250 points and the second was around 100 points. My first entry was at the 1780 key level and the second was around the 1700 whole level. The entry was also given extra confirmation based off the Fibonacci key levels. My initial targets were fibonacci extensions leading all the way towards the -618, around the 1550 price point.
There are times where price presented hundreds of points and then pulled back before continuing the overall trend. It is important to always secure some type of profits on a trade when you are significantly ahead. Never leave any money on the table or turn a winning trade into a losing trade. Even if your entry gets stopped out, continue working that zone over and over until the analysis invalidates itself. The level must prove that it is valid before having real confirmation that it may continue.
My style of trading uses Market Structure, Price Action, Fibonacci, Wave Sequences, Moving Averages , and a mixture of Multi Time Frame Confluence . Most importantly the visual realization of emotions cycled into the chart.
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY PATIENT & STAY BLESSED!
~T$
BTCUSD Weekly Overview 3/26BTCUSD WEEKLY OVERVIEW 3/21 - 3/26
In this video I go over my personal perspective on the opportunities Bitcoin presented during this week. This week there were 2 possible entries that were presented totaling over 7500 pips! The first setup average around 5000pips and the second was around 2500pips. My initial target was my -13 extension level around 52k.
There are times where price presented several thousands of pips and then would pullback before continuing the overall trend. It is important to always secure some type of profits on a trade when you are significantly ahead. Never leave any money on the table or turn a winning trade into a losing trade. Even if your entry gets stopped out, then continue working that zone over and over until the analysis invalidates itself. The level must prove that it is valid before having real confirmation that it may continue. I ran into this same example around my first entry at 57K and then again later after the continuation of the first sequence.
Even though my first target was 52k price made a lower move into 49K! This is huge for the continuation back up higher into the 60K+ range, or even back lower into a deeper retrace. Whatever price decides to do I will remain patient and let the story unfold for me. We always REACT NOT PREDICT!!!
My style of trading uses Market Structure, Price Action, Fibonacci, Wave Sequences and Moving Averages . Most importantly the visual realization of emotions cycled in the chart.
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY PATIENT & BE BLESSED!
~T$
GOLD MADE ITS MOVEPatience Pays. DId you catch any pips today?? SHEESH
Looking for a possible head and shoulders move soon.
BITCOIN IS ALSO ON MY WATCHLIST. LETS GOOOO
APRE- ANOTHA ONE TO THE MOON- SWING WITH GREAT RISK TO REWARDVery similar to the INVO play i posted last week.
Another very overextended gap down on some bad news caused a panic sell off. These are my favorite setups I think believe the risk to reward ratio are some of the highest on these setups.
I'm looking to get in really at any price around todays close of $7.11. as long as it holds support at around 7, i think this is getting ready for the next leg up which would be to retest and hopefully break the $9.50 mark.
With my price target above 15, this is a YOLO type swing for me where I'm risking quite a bit (stop loss is around $5.00) but the reward is so much greater.
With this in mind I will be scaling back on size for this trade, and give it time to play out.
I'm hoping to hit price target by the summer at the latest, when they announce their q1 results from their clinical trials.
Goodluck Traders! Please let me know your thoughts on this trade below!
BTC/USD- on sell until further notice :(My last idea was a long; I changed my mind and close the trade in a less than $3 USD loss.
The market wasn't going where I pointed. I prefer to wait for stronger signals.
Those who adapt, survive. Lose small and win BIG, that's how it works.
I'll be updating you all in the meantime, be patient!!! Cheers :)
Possible Head and Shoulder Pattern (Downside)Hi all,
I see a possible 2:1 trade to the downside.
Of course we would need confirmation for this pattern to be valid. But definitely something to watch out for.
Note: The larger trend if you zoom out and look left is bullish. But this is something you can spot on the lower timeframe. In this case the H4 timeframe is a great way to spot good risk to reward trades.
Target Profit range is around the 1.23 Fibonacci extension 1.195-1.200 range and stop loss is above left shoulder resistance dependent on if the right shoulder forms.
P.S.
I am always open to feedback and constructive criticism for my analysis and open to learning from all. Thanks!
---------------------------
Full disclosure: My ideas/opinions are for education and entertainment purposes only. NOT advice or predictions for investment choices. I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
---------------------------
GBP/JPY good short position GBP JPY is at very very strong resistance area and gona go back to retest the broken structure
look for bearish confirmation on lower time frames and enter short with your own money management
patience with discipline is what really required to be successful in trading
always remember
patience is the key
NZD/USD time to short it NZD USD was the most bullish pair of the of 2020 which we all about that it broke the psychological level of 0.69000 which was also the yearly strong resistance area and after breaking that structure market went high up like rocket
now on higher time frame we can see that nzd usd found a resistance and also a retracement to the broken structure is going to happen
what we have to do is to look for bearish confirmations on lower time frames and enter short with your own money management and risk to reward
patience with discipline is what we really need in trading and it always pays off no matter what
always remember
patience is the key
NZD/JPY short it nzd jpy is now at strong trend line resistance and also very strong supply area
as we can see on technical aspect that it can go the support area which is mention down below
on fundamental aspect new zeeland went under strict lock down so we can expect a smooth fall to the strong structure area
look for bearish confirmation on lower time frames and enter short with your own money management
patience is th key
GBP/JPY short it gbp jpy broke the psycological area of resistance and gone up tp the next resistance level
so as per technical aspect market is going to retest the broken structure in coming days or so
so a lot of patience and money management required here
look for bearish confirmation on lower time frames and enter short with your own money management
patience with discipline is the key
CHF/JPY good Sell opportunity chf jpy is currently at very very strong yearly resistance area and market rejected multiple times from there as we cAn clearly see that market is going down to those Fibonacci retracement areas which are mentioned down below.
traders must look for bearish confirmation on lower time frames and enter short with your own money management
patience with discipline is the key