looking for a long position on the .786 fib with my target being one of the two extensions. BTC has been consolidating at a key level 9600-10k and will see a bullish move to 10.3-10.5k where there has been heavy resistance. make sure you use good risk management and lot size according to your account size because Bitcoin is extremely volatile and can blow your...
Been waiting to short this for a while. I originally was going to short from the double top of the previous high pre-corona virus price, but it impulsed out of the zone and just waited for a better set up and these are the possibilities ill be looking out for. For the amount of money being stimulated in the market there is going to be a pull back and now we have...
There is a potential short set up for the AUDUSD pair, will be looking for it as a short term sale, but if the downward trend continues I will be letting the trade run till the next monthly key support. I will only be going in on this trade if it corrective goes up to the given area, If it goes up impulsively I will not take the trade but will sit back and watch...
This has been slowly climbing to a monthly key level of support and resistance in an ascending channel. Spotting a consolidated ascending channel within an ascending channel is usually an indicator of momentum is slowing to the upside and soon will see a reversal in trend. With an added confluence that a strong level of resistance is at the top of that channel and...
Looking for the double top for the big short which happens to align almost perfectly with the .786 fib
based on my callouts, many confluences led me to a strong possibility of an incoming short
AUD/USD back to one of its monthly key levels, using it as a support. This pair has been on an upward trend and looks like it will continue the trend.
Big downward movement incoming for S&P 500 on daily If supports don't hold
Based on top-down analysis plotting monthly key levels and with Fibonacci replacement I see a long coming for this pair if rejecting .786 fib which aligns perfectly with monthly key support with these two indicators I see further upside in the future. This is a long term swing trade for me.
multiple indications of failing to breakthrough monthly resistance with an alignment of a bearish channel it's a strong indicator to short
Sharp dip before the big boom especially with bitcoin halving being right around the corner