ib3nathi

ib3nathi

I got my descending triangle from a confirmation on the 4H, then for the entry i saw a break and retest on my 1min ny highs and lows which i marked on mt5 platform

ib3nathi

We can see this through 3 confirmations; -break above of long term channel symbolized with blue line, -shortly after the break above price formed a new channel symbolized with light purple line which was then broken above too, -the most important confirmation is continuous support at 2733 where before it broke above of both channels, it supported 2733

ib3nathi

Double bottom is the last confirmation of the descending triangle the we were followed by a floating bullish flag (secondary confirmation/not an initial confirmation to form new pattern), The breakout confirms our buys and nothing can stop us.

ib3nathi

Today, Bitcoin appears to be consolidating its recent gains, with prices holding relatively steady compared to recent volatility. Market sentiment seems cautiously optimistic, as investors weigh ongoing regulatory developments and macroeconomic factors. Therefore I'm not really certain of a long term at this consolidating stage, just a short term move.

ib3nathi

On the 4H i saw a clean double top confirmed by a correction. Then on the 1H, we had a correction which was ruined by PMI Flash so I had to leave that entry, but after that impulse from PMI, markets makers are still undecisive on direction and they are still manipulating waiting for Business Climate release then we will see some movement. Thank you.

ib3nathi

I decided to try this fibonacci err'body been talkin about, and lets see if it works when i mix with my strategy

ib3nathi

As indicated by the boxes, thoses are consolidation phases and we have just come from a big one and nothing's better when its confirmed by a consolidating retest.

ib3nathi

Looking at the correlation between US30 & GER30, GER30 has confirmed the sell.

ib3nathi

Expecting a very impulsive bearish move to begin my move but let me first explain why I'm making this move to begin with, from the beginning of the month we have had an impulsive phase until today 04 Nov, so from today we can see an ascending consolidation/correction/ranging-market which is a sign of a possible bearish flag of which if it is broken below, we go...

ib3nathi

That recent break out (above) on that bullish flag was the first confirmation, followed by a rising channel where we just formed a third higher low and another flag

ib3nathi

Multiple touches on 4H, looks very promising but this market ain't my friend or yours either hence always use a stoploss

ib3nathi

Basically, sometimes its good to have to forecast more than one possibilities on your chart, it helps with knowing when retail traders were caught on the wrong so you can know in the future when they will be possibly caugt, so here on US30 am expecting some manipulation and then it pushes to the upside or it just immediately pushes to the upside without any manipulation.

ib3nathi

US30 showing signs of bullish pressure for this week with a retest on the ascending channel and i'm expecting entries within the bullish pennant that is forming.

ib3nathi

Waiting for that clear flag, then reduced risk entry

ib3nathi

Breakout on AUDNZD possibly creating another channel

ib3nathi

Do i really need to explain, its crystal clear. We can see a third touch and third touches never disappoints.

ib3nathi

Just like BTCUSD, am expecting a slump phase on XAUUSD

ib3nathi

After a ranging market, there has been a breakout to the lower side and that is a possible confirmation for BTCUSD to go through yet another slump phase.