Hi all,
I think everyone has their eye on this little sache of happines provided by the POTUS.
Okay, go ahed to technicalities. We had the breakout from the huge desc triangle. By ltierature, we can have a test back to the top part of the triangle, or we have a test back to the .618 fib from the latest top to latest bottom. Then we must go and fly.
Please note yesterday was busy, 15-20% movement, the technicalities shows some weakness from the buyer side, however what i know that when the market recieves a shock, the technicalities did not work properly, so anything can occour.
Not an advice, just a trader making memories of their ideas to check on later and learn from it.
I think everyone has their eye on this little sache of happines provided by the POTUS.
Okay, go ahed to technicalities. We had the breakout from the huge desc triangle. By ltierature, we can have a test back to the top part of the triangle, or we have a test back to the .618 fib from the latest top to latest bottom. Then we must go and fly.
Please note yesterday was busy, 15-20% movement, the technicalities shows some weakness from the buyer side, however what i know that when the market recieves a shock, the technicalities did not work properly, so anything can occour.
Not an advice, just a trader making memories of their ideas to check on later and learn from it.
Trade active
The accumulation and stagnation is take a bit longer time for some reason, pretty interesting, while everything starts to move, $TRUMP is just keep moving in the same pattern. As you see we are in a descending triangle that shows extremely bullish sign, not to mention that the ichimoku cloud is going to be very very weak. I am almost certain that in a day, we must see the world above $30 . Don't forget to share your thoughts!
Trade closed: target reached
4h candlesticks, doji / hammer pattern appear, EXTREME bullish. +++ RSI is crossing below 20. Prepary for a slight increase. Due to these volumes i did not expect too much, but maybe we grab the $30 level.Btw, in the long-term, i am certain that the real price around $300. (by checking amount
Note
Okay folks, i ruined this one by closing the trade. The trade is not closed, but definitely, my 4h TA was inaccurate. Please check my daily chart ide on 
TRUMPUSDT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.