MasterChef23

MasterChef23 Updated 

As we trade I think the mane thing to understand is to not stray away from our main strategies. Something I learned in the very beginning of trading was support and resistance and I remember my brother telling me to get into a trade on the one two three rule. Here we can see this will be the potential third time USD DKK will hit this respectable resistance. It has...

MasterChef23

Pretty sure we are seeing a descending triangle here, maybe now would be a good time to short this trade still debating.

MasterChef23

Alright you guys now is the time to long this trade. Hopefully we can gain some profit it here it has been a pretty strange and tough week but all we can do is try our best on finding the right trades to enter into. Descending wedge here where buyers just broke through the resistance and sellers came back to test the new support. Formation of the long bottom wick...

MasterChef23

Since all other currencies are kinda not moving, I took my profits out and came here. I think this would be safe enough to long and sleep on, very low leverage, and its at the bottom of the support. No reason why we should not long this trade and sit on for a solid day or two. ~JS

MasterChef23

Hello everyone, as we all know double tops and double bottoms are each taught very differently. I understand that we look online trying to find the best way to trade them, there seems to be so many gurus and ideas out there that they can even complicate something as simple as a double top. I believe that this currency pair will fall and usually what I do is have...

MasterChef23

Double top formation is confirmed, this currency should fall hard. Which also means EUR USD should be good to long. Thats what I think at least. If this does not fall I will be surprised but at the end of the day this is all just probability you can only do so much. Let me know if this would be considered a confirmed double top in the comments down...

MasterChef23

Now is the time to short, obvious double top formation, should fall hopefully. Mondays are weird.

MasterChef23 Updated 

For this currency pair, I think the wisest thing to do is wait for a drop until it reaches its past support. It did break through the descending wedge now we have to see if it will come back and test that support. Be careful with buying in to long or short this trade I would wait for a better opportunity. Keep an eye out for it and wait for this currency pair to...

MasterChef23

Now would be a great time to enter into this trade and hold for a day or two. Bounced off the support it was currently on and should make an upward trend towards the next resistance line, will take profit there and wait for it to break through.

MasterChef23

Alright everyone, USD CAD was a double top and is confirmed, it is currently getting ready to re test the support. As soon as it does be ready to short. I believe this currency will fall hard soon and it is gonna happen this week. Where to enter? As soon as it comes to the neck line and test the support wait for a conformation on a four hour candle. Be patient...

MasterChef23

Alright you guys, we have a double top and hopefully we can gain some decent profit off of this trade. I believe it will come back down and touch the red support line and once it does be ready to long this trade because it was in a confirmed double bottom from the past. Right now it is currently pulling back to test the new support. ~JS Goodluck and happy...

MasterChef23

Alright you guys, were back. Going to be shorting this trade, we can see the double top and now is the site of entry. Get in quick!

MasterChef23

Wow, what a drop, everyone who shorted pull out now, BTCUSD is still on a strong upward support. I wish I was able to short this trade but I am currently signing up to get into it. I hope these posts helped people out.

MasterChef23

Alright you guys, here is what will happen. BTC will pull up back towards the neck line of the double top and that is when I believe you should short and aim for a 1% gain. That is what I believe, do I think this is the fall of crypto? Not sure and do not care, all I care about is following the current trend. ~JS

MasterChef23

Confirmed double top on the 30 min chart........ wonder what is gonna happen.

MasterChef23

Be careful with longing crypto, if I was in a position right now I would pull out my profit and wait to see if it can break above 11,000. But if it can not pass through this form of resistance you could possibly gain a lot of profit from shorting this trade. I am interested in trading BTC but do not know what broker to use. A lot of them take funds from each...

MasterChef23

Here we can have a possible double top formation, gonna try to take profit once it hits the upward trend line which is its support. IF it breaks through the upward trend line than we could be seeing some amazing profit. Good luck to everyone ~JS

MasterChef23

Alright you guys pulled my profits out, I believe this will try to touch the blue resistance line, once it does I will re short the trade. So as soon as it touches try putting in your shares and get ready to short, I would have a stop loss a bit above the blue resistance line and see what will occur.