Mafia
BTCUSD thoughts and short chart we are in the middle phase of this move
be patient. signals and indicators won't work much here anymore; if anything, people will be contrarian on purpose, and those with a great influence in the money aren't traders, and so don't even think about it.
sticking around % values that are logical; start at p⁰ (input 13.37% tp, sl 4.20%, rebuy at p₁, reach for t₁ = p₁/7.50%, return to t₂ = t₁ +/- 4.5%.) I figured that was a good profile for what someone would want to do if they planned on converting it into a different coin or fiat, probably not fiat, but maybe a more secure coin in the case of some individuals.
fib chart is a slightly altered one with what i find more useful levels than the ones on normal fibs. .618 is fine, but the others are just not as useful as their more simplified, rounded counterparts- when humans input prices, they will do it lazily (33333) or via %, sometimes pips (very pips wow)
Trying to think too hard about this chart isn't healthy so don't go crazy over it.
Yes alts have a correlation during this timeframe but that's available elsewhere and I don't have the chart anymore. It's obvious if you study them at the same time when the most violent moves are happening, tho.
For The Gold LoversGold has already done a reset on the 15 minutes chart by the market makers. We might see a possible fake M or double top formation upto 1514 area, a subsequent fall to trap sellers, and continued buy up to 1574 area. After this, we will have a swing setup for a long time.
~ Mr. Chairman and the Pips Mafia Mentorship
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Daily Outlook For EURGBPThis is a swing setup for EURGBP.
~ Mousty and Siraj
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Weekly Outlook on EURUSDIn this outlook of EURUSD,level 1 on a buy is done. It will be going to level 2 on a buy and is waiting for the confirmation of the EMAs. Near term consolidation likely. Peak formations complete to the downside.
~Siraj
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Daily Outlook for GBPUSDThis is the daily outlook for GBPUSD's swing structure, possibly for a long time to come. Earlier we had sent analysis on 15 minute chart and this is a true confirmation to that analysis. We are doing multi time-frame confirmation because on the 15 minute chart, we saw the reset done by the market makers to punish early buyers out of the market. This will possibly go up to the demand level of 1.1449 and a swing up to 1.3160 which formed the previous peak formation. 1600 pips move.
NB** If price falls to the PREVIOUS peak formation, watch the channel. If there is any fall beyond the channel, wait for a retest and then swing to the said level.
~ Mr. Chairman
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USDJPY on Level 3, Long SetupPrice is in level 3 right now with no reversal sign occurring right now. What I anticipate is the price to make a slight pullback to test the 200EMA because of the habit of level 3. The price must test 200EMA at least twice before it reverses. After the test of 200EMA, we will have to see a continuation hawkish movement.
~Claudius
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Michael Franzese Is Going To Dump Oil Prices AgainFranzese was charged in December 1985 with racketeering and other charges involving theft of state funds through circumventing state gas-tax laws. He was accused of setting up gasoline wholesale firms and underreporting, or not reporting, the sales to retailers. That was the 80's, in 2019 he has a master plan lol