DesktraderUK

DesktraderUK

Sell level and a BUY level , currently in the middle of the two. so depending which one comes in to play first over the coming weeks. caution around any HIGH impact news. if any level is within 50 pips i would most likely not enter the trade.

DesktraderUK

befoer Gold moves to the upside if it retraces back towards the lows there is a trade to take for a quick 4:1 possible high leverage low risk trade.

DesktraderUK

with the idea the fed will stop raising rates. the dead cat bounce at the levels indicated where potential sell orders still exist. institutions will sell here and a continuation of the bear market. a good risk reward for a position to be held long term. meaning several months.

DesktraderUK

Held onto the trade, have moved stop to assist the wave count revised. out at 39K but back in on a retracement. looking for divergence for both exit and re-entry

DesktraderUK Updated 

good time for a probability trade. price has entered the supply zone for a good risk reward. stop on invalidation line ( white) looking for a position that could last till Aug.

DesktraderUK

good time for a probability trade. price has entered the supply zone for a good risk reward . stop on invalidation line ( white) looking for a short term position. if wave count validated watch out for a retracement back to these levels before the bigger move higher. two trades in one. :-)

DesktraderUK

Looking for the setup for a move down. if this is validated shorting all the way down to 2600 and then see where we go from there.

DesktraderUK Updated 

the chart is showing a good possibility of the first stages of the NEW Bitcoin BULL run about to pull back ready for the next motive wave UP. I am waiting for the pull back close to the position (2) with a stop at the previous low. high probability low risk for anyone who wants to get back in on the next move up for Bitcoin.

DesktraderUK

Price is showing an ABC correction that was due. could be the time to get back in for the bigger move, might take a couple of months to play out. looking for a September buy in at the bottom of the corrective move. :-)

DesktraderUK

Easy picking for a continued bear run down to next support level. Might help fund a buy back in, in case we can get the next leg up and get us out of this run downwards. Its strange as the only people left are the hodl'ers so whos pushing this down? Anyway play what you see.

DesktraderUK

My Strategy for the next few weeks. This is NOT going to be a crypto bug favourite, but this chart shows Bitcoin going down to potentially 4500. Time to swap bitcoin to a stablecoin like USDT / TUSD. buy back when price get down to the Elliotwave (D). Then swap back out at (X) riding down to 5000-5500. Hopefully this will be the final turn back up for Bitcoin. :-)

DesktraderUK

Ripple Leading diagonal, two motives colliding for a possible aggressive reversal upwards.

DesktraderUK

looks like a new impulse wave is in play which allows for a good risk to reward ration. could use for the longer term upward trend or at least take profits for a leverage short term.

DesktraderUK

Start of a new motive wave, ,identified a level to bounce back up to next support level before another corrective opportunity to buy back in.

DesktraderUK

If we do not double bottom, which is a good leveraged play, we are heading for under 8000 . When i would expect the next big run up. Sit and wait for either or both ov these plays.