DevLucem

DevLucem

Finally a very anticipated level was broken by BTC. The Covid Era is gone and AI is about to take over most of your work if it hasn't. We can all agree that BTC is the gold in crypto currency and as we almost hit the 21 Million cap, Where is the price going to go? My View After this major break, a reverse triangle appears. Normally, the edge of the triangle is...

DevLucem

Hi trading family. I have decided to start posting ideas too, thanks for all the love and support. On this pair, we spot several confirmations on possible long for Gold with a risk-reward ratio of 1:2 The fibs offer key patterns in the market as they magically get respected in most cases. The 3 circles you see form a head and shoulder pattern which gave us a...

DevLucem

BTC's volatility has been decreasing day by day and today I was struck to see ranges of less than 0.2% on the 1HR Resolution. In the financial markets I have traded, these triangles will result in a sudden spike of the Symbol. Am no long or short bias but limits and stops will be a go-to.

DevLucem Updated 

🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 👍 👍 Leave a like to show support 👍 👍 This is an automatic harmonic detector I made with the loved ZigZag++ , I sometimes use it to tell me the bat, gartley and butterflies This is a potential sell zone for GBPUSD, A prior Bat is seen to make a very nice entry point after hitting this level, And we haven't been supported by...

DevLucem Updated 

The previous bat took a while to play out, check this out. Almost finished for the play, Once this completes, am going in for a long trade

DevLucem Updated 

I created this indicator that shows these harmonic patterns. I thought i would share one of the patterns here. Currently running this pair Very nice entry and exit

DevLucem

Here is a setup i found on USDJPY, looks like a very strong reversal point or retracement level. This triangle is possible to break downside for the continuous resistance above

DevLucem Updated 

I bet you are all waiting for it. Here is my trade entry and looking to trail this pair. We have a strong support zone. Which is full of wicks, hopefully, we are carrying the baggage higher and higher There is a failed head and shoulders for a sell which is a good sign for losing sellers in this market. Hoping for the best next week

DevLucem Updated 

18th Feb - (p=227,355/l=282,215) This pair is running a circus with tension on reversing. We have formed trendlines channels and I expect yet another to be formed inorder for a new uptrend to officially emerg. Previous trend continuation price action has been a failure however if we break low we are going to have a good downtrend.

DevLucem Updated 

Watch for this break out as it happens. place your stops right. Yen is a good pair to milk pips from. I expect this breakout to be profitable.

DevLucem Updated 

There has been great moves on this pair and i expect no channels so far. Hopefully we can complete the sequence. the setup is easy clean

DevLucem

We all know that this pair has the best movements when it comes to scalping and short moves big profit thing. We have got a break out to cover here. This support and resistance indicator that we will get a nice trade on this pair

DevLucem Updated 

13th Feb - (p=267,561,860/l=263) It's a great deal to explore pairs with multiple trades and its risky. Use trail stops to effect new take profits Let's ride this and see how long we can go

DevLucem Updated 

13th Feb - p=309/l=167 I expect lower lows at this point after the trend break out on the 4hr has failed. A short trade at this point is reasonable

DevLucem Updated 

Gold is mostly aways from ranging and channels and thats why its the sweet spot. However, Gold is either an Obedient dog or a ratchet one. Finding sweet spots for the pair is the Key because it obeys them. Over here we have 3 trades based on Trends and SR lines. A broken triangle gives us a bullish but failure to the trade, we take a short on trendline break with...

DevLucem Updated 

this is a decisional point for this pair and its either up or down. Sideways market is not allowed due to the point that the market is trending and it has been consistently covering pips. This zone has less support and resistance and we do note expect any to be formed right now

DevLucem Updated 

This is a lottle profit but worth taking a risk as we have a good bouncing channel I expect the market to go down and obey the laws of sideways market

DevLucem

History does repeat itself and at this instance its not too long ago we saw this movement on the pair. A triangle, breakout, correction move and a final down move followed by Fibonacci retracement. I dont go against the trend so lets remain bearish and watch this pair. Breaking down would definatelly have me selling