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BITSTAMP:BTCUSD
Sellzone
GCAD MASSIVE SELL Floating @ 1:17 RRR and CountingHey guys what is up, so gcad may be preparing to turn and go back up, I am closely monitoring it today as I do believe it is due for not just a big pullback or correction but I also feel like that most recent low (support) needs to be validated
Let me explain why I think so - If everytime a trader buys support that support is broken..don't you think eventually that trader will get smart and stop buying support? This is my reasoning I believe it is a mind game the dealer is going to play here. Continue to allow traders to believe that support still is very much a thing - keep them on the ferris wheel if you will
That being said worse case scenario for me I will close the trade around a 1:14 RRR there about which in my opinion is still worlds better than what the average trader aims to take home (1:3)
We need to remember we cannot win every single trade so due to that what I like to do is when I am winning a trade see how long I can allow it to continue winning for
This not only allows me to have a bigger buffer for when I inevitably lose but it allows me trade from a much more peaceful place as once you are in a winning trade you really just need to manage your stop loss (the work is done)
Have a great day guys :)
GBPAUD END OF WEEK SHORT TRADE IDEA!Multi time frame analysis of GBPAUD is pointing to a nice short area around the resistance of 1.78! The areas highlighted is a rough area of where I'm looking at taking a trade from, I do think we will see a downside move very soon even if its just short term... Good luck and have a fantastic weekend!!
Patiently waiting for a drop on BTCAs said in our previous analysis, price is heading towards our SELL zone which you can clearly see in the video. We're expecting another reaction in that area which should push the market down to our target levels.
If you guys are holding any long positions make sure to watch out for reversal signals and close them in profit, or if you don't currently have any trades on BTC but you're looking for an entry, then I would suggest waiting for the right moment.
We're expecting a potential reversal around the 44K level which should provide us with some decent entries.
Watch the video to find out where are the key levels on BTC.
Don't forget to leave a comment!
Look for selling opportunities on BTCIt looks like our analysis played out very well and price is now heading lower. For those of you who managed to get in before the most recent move, that's great. Make sure to move your stops or collect profits along the way.
If you didn't manage to go short, don't worry. The market will always give you another chance. In this case, what we have to do is to wait for a pullback before getting involved as it would give us a better risk to reward ratio.
In the video you can see what are the levels that I'm monitoring, so make sure to have them on your charts as well and look for opportunities around them.
Good luck!
Possible short entries on BTCWatch the video to find out what my idea is here on BTC. I'm looking at the same sell zone that I've shown you previously and I think there will be another drop pretty soon.
I would suggest not taking any decisions before you actually see some type of confirmation from price action. There's also a possibility for a breakout of the current resistance, and in case that happens then obviously we will have to switch our bias.
If my analysis is right and we see price pushing of this sell zone once again, then I will be looking to enter short and my stops will be above the 46K level.
Leave a comment and watch out for our next analysis!
The next sell zone on BTC | Where should we enter?This is our video update on Bitcoin. In the video, you can clearly see how well our last analysis played out and that price is moving just as expected.
After the next consecutive push down and market reaching the support of around 36500$, we now expect that another pullback will follow. This will be great as it will give us another entry opportunity. However, before we draw our zone correctly we have to make sure that price has started this pullback, which is not yet confirmed.
We're looking at the same setup, that we shared in our previous analysis but this time at lower levels, which also confirms the downside continuation.
To find out the exact levels where we expect to get another entry, make sure to follow us.
Good luck!
EURUSD selling opportunityEUR depreciating after a year and a half of staying within the same range, the fundamentals and technicals both point downward for the time being.
Disclaimer: This is a risky and long-term holding position, you can stay in the red for months before getting in profit, however if you have discretionary skills and get in at the right time, you might be able to make quick profits in several days or approximately 2 weeks. Stay neutral until strong confirmation of downtrend movement.
