This is not a "place a limit order" type of idea for me, rather an area to anticipate potential reversals due to the liquidity left behind on both sides. We are currently aiming to take the buyside liquidity so therefore, once this happens I will be looking for reversal signs and targeting the sellside in the form of a weekly FVG.
At this point I'm willing to share with the public that I see a potential drop in BTCUSDT , and look to capitalize on the move to the 24K area. Once again the analysis is rather simplistic, utilizing structure, liquidity and ranges. As we already took buy side liquidity, we anticipate a move back towards the lower end of the range, where sell side liquidity...
Expecting the following trade setup on USDCAD. The longer term trend is leaning to the upside, and the market provided a beautiful retracement to the downside. The setup is expecting to capture a target with a lower swing high.
**Not financial or trade advice, this is not a signal service** Anticipating to see lower prices on SP500. The trade idea has 3 individual targets - T1 will be used to remove risk on trade (BE) and take partials, T2 to take partials and let the rest run, T3 for full close. Reasoning: Change of structure to the downside; Resting liquidity below current...
The following assumption is quite simple. A close on the monthly chart on any investment instrument is hugely important, and the one we are going to have for BTCUSD in August could potentially dictate the upcomming macro picture. After the peak in 2017, the market had simmilar reaction in which price fell relatively sharp, followed by an unsuccessfull rebound...
Expecting the following targets to be achieved by the end of March, with the first one achieved by end of Jan 2023.
Last several years I've been using many tools to analyze, and try to take advantage of opportunities in terms of long-term market structure on BTC . One of the main tools I really like to use and came with the most reward so to speak, is a specific Fib level. It proved to read with a very good probability the potential bottom of BTC ( especially BTC ) on the...
CIX combines different cryptocurrency assets into an index as does the for some US equities. I have been with a bearish outlook for BTC and therefore all other cryptocurrencies/ tokens who follow BTC with a correlation higher than +0.75 ( dynamic correlation used based on past performance of selected assets in the past 3 months, new datapoint generated each...
Based on my understanding of INDEX:BTCUSD macro direction, this chart shows the three significant parts of the market cycle: - Forms a low after capitulation ( due to news, potential regulations, deleveraging on exchanges etc. ) - Creates a fast and parabolic run for several months ( diminishing returns each time ) - Market falls hard after creating a...
Decided to review the dollar index and to understand it further - its market structure, historical setups, grand patterns etc. I saw something occuring from 2014 that may be repeating now, and if so we should be looking into a capitulation in the DXY in the mid term, which would in tern start a new cycle. Interestingly enough the election is falling within the...
I have conducted research on the VET project in terms of its recent development, both business and technical. Due to reasons connected to the company's recent decisions, together with the trend of the VET market in the past two Q's, I believe the market would continue the current bull trend, at least up until July. Due to missing data on my chart for previous...
Although I stood against my own reasoning in my last trade, I did see properly the different possibilities. My trade was a loser, but it was due to personal ideas in regards my education path in trading. I did not have a loss before, I mean of a significance, and I was in the need to test my mentality and risk appetite. Nevertheless, the study was correct. My...
This is a very brief update. I am still in my long position, holding it on x2.3 leverage, and with no stop loss. Although I strive for better risk management within my actions, in this particular case I have decided that due to the low leverage that I have initially chosen and the type of trade (position trading in this case) I would risk my whole position...
Update on a chart from mid October, LINKUSD price action on the daily chart. Sadly I have forgotten to click on the public button so it was a private idea, I do not upload those to prove myself to anyone, I am not into competition with noone but myself. Just simply following the process of thought and actions I take. In this case I called a short in Link because...
My current idea for BTC stays on the bearish side for the short-term. In the last couple of days, I have successfully traded the market up to one point, then lost a significant percentage of the gains I've made in the previous week or so. My initial idea was that the consolidation should end until the end of this week (tomorrow. 14.07.2019), breaking for the...
In accordance with my previous post regarding the same market, I am posting an update. I believe the trend is going to continue, however, there is a possibility that a buying window could occur around 0.0074, as the higher lows based on YTD chart with 1D candles show support a little below the above-mentioned price level. As always, I am open for discussions...
Considering the current movement of ETH BITFINEX:ETHUSD , I assume that we are going to see a spike in the price of the cryptocurrency between 14.11 and 17.11, with the chance to reach the price in early September, when the token was around 300 USD. I am not a financial advisor, nor a professional trader, and this is only my personal idea about the current ETH...
This is my first daytrade suggestion, and I am seeking feedback for it. Thank you for your time and feedback in advance.