Not too long ago, Oil collapsed, futures contracts into negative territory, as can see on this contract -$40, Bringing immense fear as well as wiping out traders. I have no idea what happens in futures markets when they trade in the negative numbers. However as you can see, from zero price to todays price, is an increase of over 50000% profit. Meanwhile, we are...
You cannot deny, the power of the divergence as shown above here on 12hr chart. Extremely powerful insight into future price direction, coupled with additional confluences can be a devestating approach to managing positions. As can see past divergence patterns have been met with a rally to the upside.
Enjin looking great here, as we can see the divergence printed and in previous examples we have a move. We also have a fibb in play as per the image, for more finer details see my YT channel. Previous entry was here:
Alchemist coin showing clean divergence. Plus a trend break, this may produce a double bottom, so be aware for that. Understanding divergence has printed and had some consolidation already... i have already placed a position. I will only post an idea i have my own skin in the game. There was a previous entry on MIST, which i posted back in september resulting...
Looking for re-entries... Retested previous highs, same criteria as when we entered before - check previous idea...
Been a while since looked at any BTC entries, broke out of its range due to some news release numbers. Just had NFP which retested the trend line fully and currently had a sweep outside of the range bound PA we seen over past few weeks. To me, looks like the bottom end of the bear trap here so look to take an entry.
The past few weeks i have taken my trading up to a special level, moving into short time frame trading in 2022, i have learned a whole new set of skills. One new pattern i have learned about is the turtle pattern, i have just noticed this occur on btc chart, so we can monitor it moving forwards, entering on the head (Bear type trap) and moving higher.
From our last trade idea listed below, we are looking to buy in at this point... covering most details in my youtube video, we can see here a simple fibb retracement coinsiding with a trendchannel and retesting previous historic all time highs.
Olympus looking good on this fractal , Looking for a move away fro the 78.6 / consolidation, and then a break out of the trendline... Could see 2k target...
Looking at gbpaud today, lets see if we can nail a nice entry... have entered already will enter once again upon a poss retest of the level.
Trying to pinpoint a yen entry here, from idea i shared earlier...
Am keeping my eye on this one.... LOOKING NICE FOR GOLD.
Intresting setup here, British pound has been moving higher ever since March 2020, need i say it. Monthly trendline broken and retested here, on a lower tf we can see a range formed, and nice entry at the bottom of the range.
Mr Saylor, the King of Bitcoin, Hav ebeen looking to buy into $MSTR for some time now, and now is as good a time as any, due to trendline... Should be an intresting few months ahead to say the least...
THORchain has been struggling with some issues the past year or so... this has been holding back this project, however this particular setup has caught my eye, im awaiting a break in the trendline to the upside and then look to enter some positions, ideally on a retest of the trendline...
Its been a while since piratechain had any upside, my instincts tell me that it could be just around the corner... GET READY!
Well here we are - touched new all time highs around 69k. and had a mini dump - although after we hit all targets from previous long entry - see attached idea below. Listen, this isnt going to be a one way road to the moon... It will be filled with psychological see saws, I wont go into details, i have just finished covering a short youtube video going over this...