Never say never but I'm gambling short on this breakout. I had a giant purple rectangle in this area on my chart labelled "accumulate shorts." This is where all the mind training comes into play because this is a very uncertain looking area to enter short, but I'm just going for it. The FOMC meet tomorrow is coming on the wake of higher than expected wholesale...
I'm spotting another potential break to the downside on an easy intraday short scalp on BNX. It's been moving sideways. Tricky day to short as the markets are optimistic/at ease on the CPI print. BNX has been pretty rocky and one of my favourite assets to scalp short lately. I'm still looking for a short that I can "hold" into oblivion but I end up scalping...
After a nice run up today, BNX is looking like it's broadening in an ascending formation. I tried to catch the top of the corrective wave and am trying to accumulate some more in here but I think I may not be able to get much more. This trade I'm leaving broad, and I'm really unsure about this so I'm not risking a lot on the wallet, and so r:r isn't great (3:1)....
I entered a trade on algo seeing a diamond. It may not clear but will be drawn to that liquidity void. Long'd 0.2158, sl 0.2151, tp into the gap fill. Not a great setup given we're going into the fed meet but just sharing some little scalps. Bet small on these. More to stay engaged and have some fun than big money making setup.
I have this new alert I'm trying out and it fired on bnx. The idea is to catch low vol/low volatility setups before they move. This may take some time to play out but I like these set ups. I suspect this goes short but who knows. Should move soon tho.
I'm building this alert and just seeing if it finds me setups I like. So far so good. Here is another one alerted on in the last 30 min. Volume and volatility are down (wedging.) May see some good PA. Watch BTC here as it's in a supply area. No idea which way it'll break, but descending wedges tend to break down. Look at it in different lenses tho - smart money...
I'm playing this short overnight w/ sl+tp set and it's a gamble, but I see the end of a consolidation period on lina. Better to hedge likely, use ICT+smart money concepts here so the short play is a risk but I just feel like this is okay for the risk:reward ratio to play. If you're up, better to watch it/read it. It could break either way with especially BTC...
Holding algo short yet again for the same movement captured earlier. Looks confirmed but be careful here. Kind of assuming you're following my ideas if you're reading this, but have a look for yourself on the trade setup. Watch btc, keep risk management tight.
Working on this alert and it helped me catch a change of character to enter a short early. ATOM is pressing into the support zone now, I took some profit here. If it breaks it'll potentially run down towards 0.22. Can't predict the future, but one for your watch list. Fear into the fed meeting - 25-50bps priced in but the cpi data may make the market go short...
Hard to say if this will play out, but BNX looks like it wants to change trend. Lots of other assets I've been spotting have been doing similar in the last hour (ocean, ftm.) We'll see if it can make it.
BNX tanked 80% recently after some rumours hit the market that developers were selling the governance token. There have been massive inflows and dumping which fuelled panic selling. I can see as the market dumps today that there is a strong buy wall at BNX $61. BNX moved strongly to the upside through the bear market, so this reversal is either a signal that it...
My buddy spotted a potential COTI long position. I left some ideas - I have alarms set on the bottom on the current upward trend to enter a low risk long. Some TP points noted. Keep that risk under control.
Saw a good strong uptrend on ADA and had long'd it. It's changing character here a bit on the market dump today, breaking that clean uptrend which is very visible on 15m and will likely cause more profit taking. I noticed it up at 32.1-32.2 and was a little late entering a short so may not trade this but it's worth keep an eye out for a retest for a low risk/high...
Band is showing a break from a descending wedge to the upside. Unsure how far it'll run - fischer probably shows a little retracement but this may be tradable. It's at least settling down a bit after jpow's speech so looks somewhat tradable.
Market conditions pretty sketchy but seem generally supportive. I'm longing band here with a tight sl of 2.095 and will monitor and probably take a couple stabs at entry if it draws differently. The RR is so good on this area that I'll be willing to loose a few tight trades to catch a break if it happens. Just manage your risk. This market is so hard to read and...
ADA has a good long tf breakout and retest. It looks particularly good on the btc pair. It needs to clear the .321 level to show a solid upward momentum as it looks pretty sideways still but this is something I'm entering.
Under about 1277 eth looks pretty short. H+S. The markets should brace for higher rates, long recession. The rally yesterday was because the hike will be 50bps in dec likely, but the news is hawkish so I expect a downturn from here in risk assets.
I had posted some scalps - I zoomed out and refocused and am seeing a symmetrical triangle after the breakout from the old downtrend. I'm suspect of this being a long signal but I'm gonna scalp this 1-3btc trades up and down. I'm currently long on the downtrend breakout in the symmetrical triangle and will either hedge at the top or close and flip. I'm not sure...