Underdog-Trading

Underdog-Trading

continuing on from my last post, it seems we are taking a rebound on the current trend at the moment. Indicators (on LTF (4H/D)) suggest we could take an swing up here, however the HTF (W/M) are suggesting there is still bearish pressure on the pair. In the current news - GBP/USD trades in the upper half of the descending regression channel and the Relative...

Underdog-Trading

Watching the last 24 hours closely, we could see a retest of the trend here, this would be the point i would be inclined to see a swing up, but of course it all depends on what's happening in the real world. The RSI on the 4-hour chart it still below 40 which suggests that the bearish move is holding. On the downside, 1.2950-1.2940 forms a strong support area...

Underdog-Trading

A quick retest here of the September low, let's see where this takes us now. The time frames are giving mixed signals at the moment, but if i had to choose I would say there is bullish potential here

Underdog-Trading

looking how things are right now we are right back at that level of support again. this could swing either way, and there is plenty of volume above us still pushing down.. short term, I think a bit more downside, then reassess. Let's see

Underdog-Trading

I think we have been ranging that bottom end a while now, we could see a bounce up to the top of the range, then depending on what's happening when we get there, further up, or a bounce back down (my inclination in down)

Underdog-Trading

Its been nearly a year of solid down trend and we have a breakout with a significant buy signal.... let's see what happens!! Want the indicator? DM ME! :D

Underdog-Trading

Possible breakout on FTM/USDT right here. lets see how this plays out. Lower time frame data suggests a potential very short term re test of that support is possible first

Underdog-Trading

SXP looking like it could be forming ready for a bit of a move again... but is it yet? thoughts?

Underdog-Trading

definitely thinking down a bit here... where too is the question. 2 levels i think... first i think it might plow down through it at, around 9k. although it already took a fairly nice bounce lower, the indis i have for the strat are definitely starting to show some signs of bearish moves coming second is back down to around 8-8.2k, which, i personally see as being...

Underdog-Trading

so after a nice run up here, the algo that i use is pointing to some strong resisitance at the 10.5k marker. With the usual behaviour and sentiment around 10k of dumb money movement, we can expect (as per usual) some potential manipulations, with lower time frames showing a few almost significant pump and dumps too.. Long vs Short positions still lie in favour or...

Underdog-Trading

8750 is going to be the level to hold, with monthly support here, if we can hold this for the close of weekly tonight, things could be looking good! Next level of support is around 8200, for weekly support. either way if we can remain above these two levels, i will remain bullish in the long term. That doesnt mean to say a break below 8200 will be "bad" for...

Underdog-Trading

looking at my indicators i have a good feeling bitcoin could really push through this rally fairy soon. this is purely based on my opinion and algorithm. if you wish to discuss how i came to this analasys further feel free to get in touch :) the strategy i have been writing for 6 months, works across every time frame, throwing out 90% results and above, with a...

Underdog-Trading

although we may see another leg up to the mid 9k's a retrace to at least 8.2k is pretty likely in my opinion. nothing to suggest we have broken out of the down trend of the last leg! The Trading Sargent "underdogtrading"