Just a small update on BTC now.
As we see on this 2 H chart on Coinbase, we might be forming an inverse H&S at the moment...
I would not go short now, rather I would open a long position on the confirmation of the H&S at the breakout line!
Tether Printer was printing recently... so get ready for the PUMP!
Happy and safe trading!...
Yees, my friends! We did it - We went up as I predicted. This was an EXTREMELY important weekly close we had yesterday, and we managed to make that spike I told you about, and went to the upside.
We are right now just below 12,000 USD, and Our Family have already made money on this trip. But dont worry, you can still make it.This is most likely just the...
Looks like AMD will soon be making a new 52 week high before the next earning date (July 24), breaking through the ascending triangle. RSI & MACD look great on the 1D. Forming an IH&S pattern, but not sure how this will go with the earning date coming in 2 weeks. Keeping a close eye on this one. What do you guys think?
we are now going on 4-5 consecutive neckline fakeouts here as bitcoin continues to walk the h&s neckline tightrope shaking the weakhanded longs and shorts alike. It could finally break and decide a direction this next move or it could continue to ping pong back and forth and grind sideways all month. Let's recall how during the bearmarket the priceaction went...
I will here argue why Bitcoin most likely will go to 14,000 USD. Remember this is trading, so we cannot be sure of anything, and its all about probabilities.
I had this scenario for a couple of days. I will not use Elliott Waves, even though we get the same result: A WXY parttern or Double Three. lI will go back to Classical Charting, and I will tell you, why the...
H4 AUDUSD, Formed an inverses H&S, crossed 50 EMA throughout, and also restest the line of breakout. I placed a buy as soon as break happened, expecting AUDUSD to rise up again next week. Let me know what you think!
Simple wave theory setup with an INV daily double left shoulder "Head" and accumulated extended right shoulder.
In 2018 I sold EU from the daily top....
Lets see if I can catch the ride back up 50% of the way ;) will revisit this idea every few months hehe.
Target Bearish BAt
Short at Bat
I will update
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Trading without fundamentals is like driving a car in the dark with no headlights
Trading with emotions is "committing suicide"
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At the middle-term chart of 4-hour timeframe we can see that Bitcoin's price is in the middle of red Ichimoku cloud between two major Fibonacci retracement levels. What such situation tells us ?
The answer lies in a retrospective movement of the price. After a rapid and sharp rise to $14 000 level the trend has reversed and ABC correction waves started. The price...