the5erstrading

the5erstrading

We see a slight decrease in momentum on Bitcoin. That may lead to a retracement to previous key supports. Any pullback to those levels are great opportunities to buy before the next leg higher

the5erstrading

The daily chart formed yesterday a bullish Pinbar at a support level. There tends to be a continuation after a pattern like this. The FOMC meeting today will determine if there will be any.

the5erstrading

The dollar has surged against the Franc forming HH and HL and a possible new uptrend. On the way higher it formed new demand areas (visible on lower TF) to take advantage of. A retracement to those areas is a good opportunity to buy.

the5erstrading

With the break lower from 1.2000 key level last week, the bias and momentum have officially changed to bearish. There are no demand areas no hold the continuation lower, but there are many supply areas to keep pushing lower. We will wait for retracements to those areas in order to short the market.

the5erstrading Updated 

Price is finally retracing from an important bullish rally. On the first touch of the demand area marked, we will look for buying opportunities.

03:31

the5erstrading

USD/CAD is testing a key support level and rejecting it. It could end up forming a double bottom. We can scalp the push higher with a stop below the pivot low.

the5erstrading

Bitcoin recently broke the 40K mark aggressively, forming a new demand level. That is a great opportunity to buy once the price retraces to that area.

06:59

the5erstrading

The USD is very weak against major currencies. We have opportunities on GBP/USD, EUR/USD and USD/CAD after price formed new key levels on Friday last week.

04:54

the5erstrading

EUR/USD has mixed signals, while GBP looks very bullish. Demand created by news last Thursday, followed by a very bullish friday and now testing a resistance level that might end up giving up this week.

the5erstrading Updated 

EUR/USD is approaching very slowly a key level with a lot of demand. Expect a bounce from that area. We can set buy limit orders or wait for a confirmation pattern once prices get there.

04:43

the5erstrading

GBP/USD is forming a compressing channel. The channel can break to both sides but given today's movement, it will most likely break to the down side.

04:04

the5erstrading

In this video we will explain how can we combine the bollinger bands with price action, key levels and supply and demand in order to take advantage of the next move in the market.

04:29

the5erstrading

There is a reasoning behind the formation of candlestick patterns. Let´s do some X-rays of the candles to understand their formation.

03:59

the5erstrading

The uptrend in Bitcoin is clear and established. In this video we show some possible entry points to join the actual bullish movement.

04:23

the5erstrading

We finally see the retracement on the EUR/USD. The bias is still long, however, we have different possible scenarios to play out.

04:31

the5erstrading

US Dollar is very weak against all currencies. We will be looking to sell usd on any retracement against all currencies.

03:20

the5erstrading

During Holidays there are fewer active traders. We get less volume so spreads get wider, patterns are less reliable and unexpected movements are more common.

03:46

the5erstrading

In this video, we give a quick update from the last trade of the gap formation. GBP is also testing the highs and supply area so we could short it.