Should have posted this 2 weeks ago on btc but oh well, won 2 trades lost 2 trades but still have 3 pending an seen how btc is reacting most likely I will hit my target area as predicted.. I do see sells forming
iv been tracking this Forex Pair for over 3 years now it is in a great area since i love seen accumulation in the market this is where we play the waiting am once it breaks out this accumulating area we can see its true direction, in this case im expecting price to break to the downside , the banks have to go back and close on there sells to buy area there is a...
quick set up saw a small head and shoulders letting me know to enter for sells on btc
nice symmetrical triangle right now in a bullish flag and pushing nicely back up
ok so been selling bitcoin since may 5,2022, took 3 different trades and going to be holding to 30k then move my stoploss to 32k then will look for more entry sell opportunity
over all symmetrical triangle, i do have a bankers candle were i marked up my box says POI also it lines out with my trend line using the fib tool , it has my 71,78 area on that specific candle also thast about 5 conformations for buys and also i dont use indicators this is all technical analysis
even tho my entries were to early, i re-did a analysis and saw the candle i was suppose to target on a weekly, so now running risk free on nas100 since yesterday and new positions today also, 1 2 3 4 naked chart no indicators at all, just 3 to 4 confirmations is all i need
well its in my buy zone now, it was a nice sell on nas but time to close sells
still expecting us30 to drop more down before going in for buys it did break out of trend like nas so lets get ready
still in accumulation once price breaks i will have a better idea on what to expect for example if it breaks up im lookinf for sells if it breaks down im looking for buys plain and simple love my strategy
nas will continue to drop we have a broken trend so all its doing is retracement, so looking for buys in this green areas i marked and holding long
so as predicted yesterday, i was triggered in on a sell for btc, this is my set up for sell until price hits my take profit, and then getting triggered in for buys and holding long term we will be seen btc on a bullish market
so btc broke a down trend structure. now all we have to do is wait for price to coome back down 1 last time to mitigate the last down candle before taking back off to the up side, this might take a couple days for the retracement. so we just have to be patiently waiting. i do have 2 points of interest, 1 is on the weekly and my second on the 4hr time frame,
if price heads down to opposite site of accumulation then i will expect a continuation to the bottom meaning it never broke structure and is still a valid down trend
if prices breaks previous Lower low then that is a strong conformation for break of structure and will be looking for buys at around 38833.03, but only if price breaks above 443755.52
so if this plays out this is what i call my signature move on top of that on the daily i have a head and shoulders pattern already letting me know price is dropping more ima say it again 20k area so i gather as many conformations as possible for better lot sizes, i hold long since i use higher time frames since there more respected i will be looking for break...
so if this plays out then definitely its my signature move happening, this will be profitable since i am targeting 20k range, on the daily its a beautiful head and shoulders formation and patterns are more respected on higher time frames