Institutional_trading
EURUSDAlthough i did not have a worthy trade setup on wednesday, EURUSD provided an amazing trading week for many, this is the perfect example of what true institutional trading and market manipulation is all about. If you know what you are looking for, the market becomes your play ground. learn the truth of the market and stop following these IG "gurus" that mostly mislead you and fill you with retail useless information.
WHERE to buy BTC if you are still waiting to get inBtc has surged a lot in the past month due to sustained institutional inflow, continuing the bull cycle.
I expect this bull cycle to last until January to February 2022, However with the adoption of BTC by countries and big institutions, BTC may continue to crunch higher and higher since the retail frenzy has still not happened.
My price target for the next few months are 88k-156k. I will start taking profits on the positions that I have accumulated at 30k from 88k.
Right now, BTC has created a golden cross (highlighted in yellow), which is an extremely powerful bullish indicator for cryptocurrencies, especially on the daily timeframe.
What I am hoping to see is a rejection off the ATH, and a decent (fast) retracement to scare off the weak hands, and allow for institutions to buy up more. However they may buy aggressively so the entry suggested may not happen.
If my entry price is reached, I will complete my BTC position and I'll be holding on until BTC reached my price targets for this bull run.
Please tell me what you guys think.
Additionally when do you guys think this bull run will finish? Will it?
Thanks for reading till here, hope you enjoyed it!
AUDUSD SELL projectionI have my KL on 0.73265 that has respected the zone for a sell BIAS.
On the top of the KL is resting a big liquidity pool ready to be taken.
What i"m looking for...
Im looking for price tap my blue POI that is a 4h OB , take liquidity + mitigate the OB for a reversal.
As we can see my next TP will be bellow the daily LL that is close to my previous discontinued red line, that is the 50% of the KL range (A strong reversal point)
EURUSD 1h DEMANDI like this demand zone area on the 1-hour chart. It is sitting on an already tested 4-hour demand zone (faded green area). The only thing it has against it is that it is counter trending against the downtrend of the Daily bias. But the consistent HHs and HLs tell me that price is going to rally for a while, probably to mitigate inefficiency and/or the institutional candle above on the Daily. With that in mind, I'm taking partials at about 1:5 but I am open to holding it much longer.