Short-setup
19k reached, next target 12k - 5k2 -4k6I away true, 1500BTC short position(~$30M) reached target 4. Large investment funds are being liquidated by leverage, which will bring Bitcoin into crisis.
Downtrend has just begun, panic sell is about to happen.
Uptrend will not return at this time. Bitcoin will rise again in the next 2 years when the problems of war, politics, inflation, consumption are solved. THIS IS SHORT TIME. I’ll take short position 3000 BTC (40% profit of last drop from 43k to 18k8).
Only use profits to reinvest, don't trust anyone. Next target is 15k 13k and 12k. When Bitcoin breaks 12k support Bitcoin will further drop to 5k2 and 4k3. We only buy the spot when Bitcoin price reaches $4,300.
Global stock market is about to panic sell and lose 50% in the near future.
“don't shed blood, suck their blood”
BIG SHORT TIME, SHORT TIME COME
GBPCHF ShortGBP|CHF - Personal Analysis. Break and Re-test.
RR 1:2
Keeping charts simple.
There was a consolidation phase and now price broke below the consolidation phase expecting a continuation of downtrend but expecting correction tomorrow or next day this week.
If Price goes back into the consolidation zone, then expecting for price to hit the high of consolidation phase again to re-test for break of bullish trend.
EURNZD Short PlayEntered a EUR/NZD short position @ 1.65296
Market sentiment is still shaky and will be volatile the next couple days with unknown doubts related to the upcoming COVID variant Omicron. I am still bearish on AUD/CHF regarding my previous analysis and although AUD and NZD tend to correlate well with each other, I am bullish on NZD given the recent monetary policy outlook. Increased OCR rates should equal higher yields on the long end of the curve or at least be stabilize over the next month or so.
EUR did receive a boost after the market dropped due to carry trade unwinding and money flowing back into EUR to cover the funding/short positions. Most G7 currencies are strong vs the USD today except EUR which shows of weakness in the EUR. If market sentiment does remain high and bullish on economic outlook then I believe EUR/NZD should drop.
Similar fractal shown based on the period from Aug 11 - Sept 13, 2021. If recent history is correct then EUR/NZD should drop to 1.600 (blue arrow direction).
Finally, similar moves in the DE10-NZ10 yields differentials. Large spikes in EUR/NZD currency with not so big spikes in the DE-NZ bonds should keep the drive the currency pair lower. See chart below.
My views only.
GJ Short Position My chart analysis for GJ on Friday probably not a trade for this week however if it does setup nice and my alerts trigger and I like the structure I will enter and hold over the weekend.
A 78.60% retracement will be a nice entry point and this area is also housing a nice liquidity pool and will be the 100% fill of the IPA. The Pound is also weakening at the moment due to the new Covid varient and Lockdown rumours.
USD/CAD Short PositionDisclaimer:
Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
Daily Analysis:
On the daily time frame you are able to see in the past price has tried to break out of this zone around 1.28500, after a huge push to the downside in the previous few weeks price has made a push for this area once again. It had showed weakness to the upside and made a pretty big wick towards this zone again. I think this could be a big payout with a small risk amount if played right, if anything we will make a little bit of money and the worse scenario is losing half a percent. We still need confirmation on lower time frames for this to be a confirmed trade, we can wait for this on the one hour time frame or for a strong close you can even wait for a four hour candle close below the lows or well below the low for a good trade.
Price
Hourly Analysis:
Price was in somewhat of a up trend during the prior few weeks but went sideways for a while and broke out of the Resistance zone as seen above. Price was moving sideways for a while but as seen, the price had tried to make a move to the upside but had a hard time. Price had gotten a good push back and it had started to fall, there was even a few candles that have big wicks to the upside and it continued to push further down. I waited for price to break the other zone the bottom most black line and also a close below the recent low, as seen to the left of price.
Thanks again,
KeySlot
AUD/NZD Bullish Gartley patternHello Traders
A possible Bullish Gartley pattern has been shown in chart.
Beside gartley pattern, there are other reasons that we should know:
1- We can see a double top pattern.
2- RSI is showing a RD-.
3- looks like price is moving toward key level fib 0.5.
(*PS: Market is still too Risky due to new corona's variant concerns, so manage your accounts carefully)
Thanks for Reading
Team Fortuna
-RC
EUR / NZD Short Trade? Citi Traders Imperium Account?Disclaimer:
Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
Update:
Sorry I have not been keeping my account up to date with my trades, I am currently really focusing on my Citi Traders Imperium trading challenge and trying to push through the final stretch of the challenge. I have really been getting pretty good trades but I have had a few losing trades like any other trader does. Trying to stay mentally stable is hard when it comes to trading but once you realize you only really have to have one big winning trade a week or even every two weeks and it could meet your goal you may have set in place. I am taking things very slow keeping my risk management very controlled and am really expecting to hit the profit target by the end of the year. If anyone needs some tips for risk management or just tips to stay focused when trading feel free to reach out, I will try to answer as many questions as possible.
Daily Analysis:
As you can see in the chart provided down below price has been getting stuck in the levels marked and have continued to break lower and lower which shows there is currently a lot of momentum in that direction. I noticed that price recently broke the lows again but stalled out and consolidated a little bit before pushing along and showing more momentum to the downside. With this chart alone I would not place a trade on this pair, but it does shows me where the overall momentum is sitting in the market right now and it just puts it a little more in my favor. That is all I am really looking for.
Hourly Analysis:
You can see it a little more clear in the hourly time frame just cause you can see price had tried to bounce and break to the upside of this zone quite a few times now and has failed every time. This is just showing me that there is even more momentum to the downside on the lower time frames which only confirms and put this trade in my favor just a little bit more. With a close below the current lows this could be a possible trade to take but this will only be good if it is paired with good risk management.
Risk Management:
Depending on your risk profile and your trading strategy every person will want to risk a different amount, all I would say is keep it consistent and make sure you cannot blow your account in just a couple trades. I keep my trades to 0.75 percent risk a trade or at most 1.00 percent a trade. This is just to keep me in track emotionally and to keep my strategy being profitable in the long run.
Anyways I hope you all have an amazing trading week, please let me know if anyone has any questions about how I trade or just any trading related questions, I will feel free to answer as soon as possible.
Thanks again,
KeySlot
USD / CAD SHORTDisclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
4 Hour Analysis:
The price has been going in a down trend on the daily and the four hour. Price had stalled out and started to range but did not have a problem making lower lows throughout this range and has also showed rejection to the upside while making moves to the downside. All I would need for a trade at this point is confirmation on a lower time frame and I would be risking one percent of my total capital.
1 Hour Analysis:
Price was about to breakout of this range so I got ready waiting for a strong bearish close below the lows of the range. If price breaks below these lows but only by a few pips, that would not be enough confirmation for me to get into this trade, I want a strong candle to the downside before I even consider getting into this trade.
Risk Management:
Stop risking your entire account on one single trade, this is going to lead to a massive loss adventually and even if you are on a big winning streak all it takes is for one trade to go south and your account could be blown in one trade. Keep your risk management in check and stay consistent, slow down and set a set amount to risk on every trade, for me I risk one percent of my total capital on every trade NO MATTER WHAT or how juicy the trade is or could be. Have a set amount cause in the long term a consistent risk amount will really reveal your edge in the market and put it to work. Look, everyone is different in the way they trade but so everyone is going to risk more or less depending on the person and the kind of strategy, see what works best for you and stick to it.
Good luck to you all this week, I hope you have an amazing trading week and please let me know if you have any questions and I can do my best to help you out.
Thanks again,
KeySlot.
EUR / CAD Short Position?Disclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :).
Daily Analysis:
As you can see in the chart provided down below price has been stuck in this range for quite some time now, I am waiting for a break to the down side and some more momentum for more confirmation. The previous daily candle shows me that there is more momentum to the downside as of right now, so If I can have price break down below this area and wait for more confirmation on the lower time frames, this could be a good trade for me. One thing to keep in mind, yes it is showing weakness to the upside right now but that does not really show any more momentum to the downside and there really is not enough confirmation to place a reliable trade here. With good risk management this can be a small loser or a really big winner.
Hourly Analysis:
Of Course, price has not reached were I would want it to for me to get into a trade so I am just going to go to sleep and not worry about it until the morning. This is what I want price to look like before getting into a trade and my entry would be at the break of the lows that were made while breaking the zone. This will just confirm that price is trying to make a lower low and at this point everything would be lined up for me and I would get in on that break.
All while keeping my risk in check with only a one percent risk of my total capital on this trade. I am also pretty tired right now so I do not think it would be smart for me to try to take a trade right now, so goodnight everyone and I hope your trading week goes well.
Thanks again,
KeySlot
gbpusd intraweek break to the downside here we have the gbpusd h1 tf a break to the downside where price retested the previous swing high as support and broke through with momentum i notice a few key leveles of s/r from the past few days and charted them in green price broke below the 1.380 lvl and retests it as resistance i enter the market short as price continues down i have two price targets first tp is around the 1.3785 area and lastly second tp around 1.3735 check the chart for a visual as of now i'm short with a stop at 1.3795. Let me know your thoughts below!