BTCUSD3M Possible stophunt prior to move higherThis is what I'm looking at for BTCUSD3M on OKcoin.
We have the area 360-365 which is a +OB, nice confluence with FIB OTE.
We recently made two pretty much equal lows.We should have liquidity below, people who got in at +-360 and moved there stops below these recent lows are an easy target for the MM/woodchipper. If we hit this area and trade away from it agressively it's a very bullish sign.
Stall there and break 359 would mean looking for the next targets downwards imo.
Feedback welcome.
Positivity
ALERT: GBPUSD Bullish Deep Crab Completion.Updating the earlier posts about this bullish deep crab pattern, prices have now reached it's PRZ and completed this deep crab. RSI is showing oversold condition. However, as of this post, I am waiting for a bullish candle close on the hourly chart to take the trade. Prices may penetrate deeper into the PRZ before reversing as is usually the case with extension patterns like crabs, butterfly's and sharks.
Doing so will also decrease your S/L and increase your R;R.
Good luck!
SPX and VIX. Signs of Trouble. Revisited. Just a bloop until know, but keep it on your radars... VIX super low. Stuff is brewing but nothing more...
Do not front run deep shit trouble.
