Solid bullish market structure... there is a imbalance to be filled at 1800... nice 1:10 RRR
i just want to correct my analysis This is the new way (i think better) to have my fib pulled on the weekly also see this:
Zoomed in analysis of The market is giving possible 1:10 opportunity on this one
After strong impulsive move in 2020, we have retraced over 90 % of this move. On daily timeframe we are creating an inverse head and shoulder (will post link to this analysis). I can find nice long opportunities there with solid RRR.
My 1st position running from 55 750: prnt.sc My 2nd (gamble) position running from 55 135: prnt.sc Right now you can get away with putting Sl at 56750 for a tigh stop loss. That would give you a 1:10 RRR to take profit at the last gap fill. My targets are much lower, however this is a good opportunity to take small profit off the table and secure my shorts...
My 1st position running from 55 750: prnt.sc My 2nd (gamble) position running from 55 135: prnt.sc Looking to take profits on my gamble position after 30-50 % crash. Basically looking for a 10x. This is pure speculation based on my own information. Do not attempt at home.
This is my last warning for the crypto crash guys... I know it may seem crazy, but i really see the rekt train coming. my position: prnt.sc
Ive got my short boots on Here is my positon: prnt.sc
part of my BIG short speculation. Go Check out my BTC analysis. I can see a mirror scenario happening if my short on BTC is confrimed. I will be posting more analysis in upcoming days about my big short speculation play.
the market structure and strenght of DXY while constant backlash of Elon and TSLA business makes me biased that we are about to reset this whole move. I see market forming a long term upward eliot wave cycle. If im correct, we are now entering 2nd wave after putting in an ABC since we topped out. There is a nice gap at 250 USD which is where my long term targets...
If we break above 65, then i expect one more push to 80-90 k, but my bias is that this is it.
looking to take a short to 0.618 retracement of this impulsive move (1:8 RRR), then looking to enter a long to fill a gap at my long TP (1:9+RRR) Overall USD is very bullish. After breaking out on weekly on DXY we are looking to retace DXY to 0.618 of this last move. THere i will be opening my EU shorts