Cme!
BTC1! BTC CME - 12hr Death CrossBTC CME Death Cross (50/200ema)
BTCUSD Death Cross occurred 21 May 2021 with a substantial reactionary drop of roughly 26%
Always be prepared for the bear case - it creates opportunity!
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2degreez
BTC1! new 48k gapBTC1! failed to close the top CME gap at 60k of the double gaps before dropping significantly. This I interpret as bearish, but the silver lining is that price will return to 60K in the future. Currently a new significant gap was formed at 48k,and probable that price action will close this gap soon since price action has formed long absorption wicks at 42k and an HTF bullish engulfing candle.
USDCAD - LONGThe price has reached the demand zone. Consider only buying opportunity.
USDCAD - LONG
ENTRY PRICE - 1.21860
SL - 1.20500
TP - 1.25800
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USDJPY - SHORTSell on false breakout and resistance Gann line! Expecting a Bullish Measured Move formation to the next Point of Control.
USDJPY - SHORT
ENTRY PRICE - 109.450
SL - 110.000
TP - 108.150
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BTC/USDT 🐝Hey hey my friends 👋
Brief BTC update, we have broken the bearish scenario of a descending triangle and a bearish pennant to form a falling wedge which is a bullish reversal pattern which have a 68% chance of a break higher 🧀
Keeping an eye on this idea because it will drive alts with it either direction it goes 👀
BTC CME Gap at 60.3k!Here's a quick look at BTC CME 4 hr Chart. As we can see, we have unfilled CME gaps at different price ranges. These gaps Tends to get filled very often. Tho there's no specific timeline for when they'll get filled. Right now there's a gap at 54.3k And it makes sense for the market makers to push the price down again to fill the gap as the price is already close to that price range. Also we've now got a gap at 60.3k which obviously mean that the market makers now also needs to push the price back up to 60k to close the gap there.
A gap is a break in the graph of the trading prices of an asset, in this case Bitcoin. So if BTC closed at 8700, then opened the next session at 9400, there would be a 700 point gap in the chart. Some traders believe that gaps will get “filled.” Meaning the asset will go back down, in this example, and “fill the gap.”
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
NZDUSD - SHORT ENTRY PRICE - 0.71490The price has reached the supply zone. Considering only the sale.
NZDUSD - SHORT
ENTRY PRICE - 0.71490
SL - 0.71900
TP - 0.70300
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
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