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ETH - Getting close to the end of correctionCOINBASE:ETHUSD is getting close to the end of this correction. Are we finished here or do we get to 2k before the final sell off to 6-700?? For me its still looking corrective and a move to 700 is likely to be coming shortly. What will be the catalyst for the next move lower? Trading much like the stock market, We have just come off a week where US Interest rates were raised, big earnings from the major companies and the onset of a recession due to 2 negative GDP quarters and yet the markets are higher.. 🤔🤔🤔🤔 2 CIT Windows on the 6th and 19th of August. These will be crirical for direction. Wait to see what next week brings and go from there.
COINBASE:ETHUSDShort
by L_F
2
Ascending wedge breakout short saleThis is Siga. If you view on a different chart this has formed a giant inverse head and shoulders on the monthly candle from 2011 From the bottom after re listing on the major exchanges ( it went otc pink back in the day) Measuring from the bottom to the top of a multi year ascending wedge Then measuring again from the resistance of the wedge to the price now. I’m short. -5000 shares cost average 17.50 It’s like a miniature UPST Which I rode from the mid 200s short all the way to 400. Averaging up slowly. All the way back to reality
NASDAQ:SIGAShort
by r0oarimali0n
How To Analyze Any Chart From Scratch - Episode 11Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on GBPAUD, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. You can find the previous episodes below "Related Ideas" Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Education
by TheSignalyst
31
EQUAL HIGHS!When Price sets an EQUAL High and refuses to break that equal high..... your PLAY is coming soon. Price throws a JUDAS SWING I now RENAMED THE MONEY SWING. This is also a V TOP Formation or a Variation of the V Top. (Ot will stall before dropping giving you WICKS and Doji Candles) These are clues that the market leaves every day. Triangle Defense Strategy will show you this set up clearly (Coming Soon!) Learn these clues and TIMES they occur and you have found your Broken Slot Machine. 8am London Opens and something always happens around this time and it ain't a coincidence. The algorithm begins to fill imbalances and raids Liquidity. Never over leverage. Trust Your Trade Set Up. Have Fun. I AM Pro Trading Made Simple
Short
by Master-Jedi-Trader