Posible situation uo to begining of febrerary. A 1 1/2 month up trend channel. Give me a like if you like my macro vision
Hello traders, Been in the crypto space for already 7 months and i feel the learning curve is finally giving its rewards. Been working on this one together with jfiedler using elliot waves with yesterday after catching the last drop. BITFINEX:ETHUSD is reproducing the last fractal in a higher scale, right now we are in the final ABC before a possible move...
Someone asked an advice in chat about Palladium LONG (with TP@756.00) and thought to provide my personal point of view with a more organic answer... The instrument is uptrend on the long term, but it looks indecisive at the moment; from the chart we can see it is in a range between two Fibonacci levels (and one of them is a resistance as well). If we entered...
TRADE UPDATE Previous analysis: Please see original analysis linked below for in-depth explanation of our long bias. We are still awaiting a break above this red short-term down trend line on the hourly chart to execute a long position on this pair. We will also need to see confluence from our price action forecasting algorithm forecasting a move to the...
Uptrend. Buying during retracement. Entry is at 68.1% fibonacci level