Entropie2020

Entropie2020

There is no big fundamental ideas behind this trade idea, just basic time understanding (beginning of a month), swiped liquidity, step downtrend, htf levels. Worth a shot. Let's see how it plays out.

Entropie2020

Major HTF Levels awaiting you at the swing high while majority is long. What could go wrong?

Entropie2020

Based on the fact that obviously dozens of people are long, I miss some nasty liquidity spikes during our current uptrend. Especially the last 4h support zone just literally waves with all kind of flags "hit our stoploss".

Entropie2020

As we dive into the USDJPY chart, I'm seeing several key technical signals that suggest a potential move to the downside. Let’s break it down step by step: Weekly Timeframe: A Crucial Swing High First, we zoom out to the weekly chart, where we can observe that USDJPY is currently within a strong swing that recently broke a prior high. This is a crucial moment,...

Entropie2020

I'd like to see at least one wick of a major past price point on the htf which will reset the longs before any potential up movement. In general, fundamental wise, I literally have no idea why people long EURGBP while its obvious that EUR will further decrease its rates while GBP stays at it.

Entropie2020

Hey everybody, so while obviously the media is all about the Israel conflict I think we are still far away from being at the bottom. We just wicked today, on a monday, the friday high, started to show some major rejection signs which gives me the green light for a short "experiment" to finally wick the low weekly and daily levels. Remember boys, the best trades...

Entropie2020

Based on fib time as well as cracking the prior swing high and turning degens into full bull mode I expect some nasty pullback.

Entropie2020

Majority is slowly turning into bull mode which leads me to short mode. First targets are mondays as well as the first weeks of the current month. Unemployment data is in play as well. As long as no further war updates come in, I don't see a reason it should continue it's pump. Crypto starts to fly as well which leads me to the conclusion that we're rotating from...

Entropie2020

Well, there is not much to be explained besides of: Look at the weekly and the higher lows. How much of confirmation do you need, that we want to attack the upper range? Look at the 4h and tell me what you see? I see dozens of Shorts trapped and begging to stay alive. Green line needs to hold to validate this idea. Good luck.

Entropie2020

Majority is still long however turning slowly into bull mode. We peaked some liquidity spot on the past so I expect some movement up before further declining.

Entropie2020

Fun fact about us, degen retail traders: We love to turn bullish at around the 3rd day if we broke a prior major resistance where the majority was short. I'm careful and betting 1:1 for now.

Entropie2020

Idea primarely based on different "time" indicators. Additionally based on todays price action, even there are still lots of people short I believe we topped out Gold for a few days at least and should see some downturn momentum. Fundamental says "Iran wants to ease tensions with Israel" ... Russia is anyways priced in. PMI was kinda bad but I guess, already priced in?

Entropie2020

GBP published PMI data which, while was lower as predicted, shows that their economy is still kinda growing. Looking at the monthly chart you'll see that we keep creating wonderful high lows which leads me to the conclusion that we will attack the higher range of the current monthly swing.

Entropie2020

Based on the prior price action, people are desperate to finally see some green candles. Psychologic wise they might think "it can't get even lower, it needs to reverse now". However, especially USDJPY is one of those pairs who tend to be a brutal liquidity seeker. Based on the news events this week, I believe there is a nice chance that we see a bounce, but from...

Entropie2020

Daily liquidity taken. Time for a retrace which should hurt. We're still too bullish.

Entropie2020

My bet is that people FOMOd into the current fake bottom and will get stopped out before we might actually see an uprise. Besides of that, weekly lower highs, daily lower highs - wouldn't it make sense to retrace near the bottom of the current swing if we really want some upswing?

Entropie2020

Based on the new economics data we received the past week I expect a further dump for BTC at least till the FED rates day (19th). However, based on the all-in short mentality by traders, I expect some nice spikes during that time.

Entropie2020

We still didn't see the bottom yet, however I expect a little fake pump before further sliding down since it's friday and we swept a weekly swing low. No science needed.