(BTCUSD) Buying the dip - People are really starting to question about the lies they've been told all of this time and once they find out the truth, they'll rush into Crypto...
TBU -
Regards.
Newparadigm
The Great Decoupling - BTCUSD vs. US30This chart illustrates Bitcoins performance vs. the US30 stock index.
In many ways it resembles the BTCUSD chart, which supports the idea that there is a correlation between US equities and Bitcoin price.
A key difference obviously is that if BTC were to go flat while stock prices climbed, the "price" on this chart would drop as BTCUSD was being outperformed by the US30. On the other hand, if stock prices dropped while BTCUSD was flat, this chart would show a rally.
Compared to the US30, BTC is showing a great deal of strength this Q, having broken out of it's downtrend, confirming bullish market structure and just this week, printing another higher high to confirm trend continuation (assuming this week closes bullish).
This chart will be one to watch as the decoupling narrative swirls in the coming months and years. It seems inevitable at this point, that Bitcoin is here to stay, and this chart will tell us all we need to know about how it's performing vs. US equities and to an extent, global markets as a whole.
Fib Channel, Trendline, Fib Channel Entry Nice little 20 pip bounce off energy point with TAB29 Entry.
BEAR WITH BITCOIN WHILE IT SEARCHES ITS SOULWe’re at the end of an eleven month pattern where Bitcoin has continued to disappoint and shed bullish sentiment.
I expect the chart is self explanatory. The lower highs and higher lows will meet each other this holiday season and, with that, cause Bitcoin to learn what it is and how it will be for the next six to twenty six months.
There is no insight I could provide that couldn’t be easily refuted but there is one thing that can be said with any certainty: the price will never move left.
GBPAUD Harmonic Scan Gartley QuickFire TradeAll QF Rules Met
1. Scan Entry Line
2. BB's hit
3. Above 70 RSI
4. Divergence (Simple Divergence Indicator)
*Possible 25 Pips
Now following CDX fork for more trades
NEW PARADIGM TRADER - INSANE PRECISIONThis GBPCAD just shows again how the charts are ruled by fibonacci and how precise the new paradigm trading is. Every swing high and swing low today hit the Pitchforks to the pip with no drawdown at all. I love it and in combination with the harmonic scanner it makes it a lot easier.
Doesnt even matter if there are economic news or not, move still starts and stops at the pitchfork and fibonacci
EURAUDA bit more advanced, fibonacci clusters present, double pitchfork giving us nice EP's, hence potential trades. Looking to see how price moves in this fork, can copy past this on your charts to follow price action.
Educational purpose only, use proper risk management if u should trade. Hit me up if your interested in pitchforks, the precision is maaaad.
usdjpy EP'sSorry for not being too active, preparing for travels. Some nice touches on UJ. All you need is one of these trades a week to make a decent balance increase. Learn the new paradigm, put in some effort now to trade like everyone else dreams of later.
Education only, not giving signals here. You want to know how its done hit me up with private message.
Quick-Fire EURNZD Trade Waited for price to break entry line and 2 pip pullback after all rules met = Divergence, Bollinger Bands, and below 30 on RSI. Nice easy 14 pips total I closed half at the 15% target. Much easier to look at on 1M chart after all rules are met will post that in the comments since it will not let me publish as an idea waiting for the wave 2 bounce with divergence now for another trade.
NEW PARADIGM TRADERNew Scan just came up on USDCHF, put my Pitchforks on. Let's see what energy point will be hit :)
NEW PARADIGM TRADERThese Pitchforks have a couple nice hit on the Upper Parallel and the Median, also on the Warning Line and a few other to the pip touches
NEW PARADIGM TRADERIncredible powerful this new paradigm. If you miss the original entry on the Harmonic scanner, you still have pitchforks that will give you additional entries and many more advantages
USDCHF EP HITHere we have a nice example of an EP, what we look for to enter a trade.
The yellow fork is a tradtional andrews and a charly delta as taught by my mentor. the purple fork is based of the UP, when extending it into the past we can observe some nice hits.
The EP formed so far, gave a nice 1:4 risk reward and we will see where price takes us next.
NEW PARADIGM TRADINGnice to the pip touches on the upper parallel moving down and then point D touching the median of the XA-BF pitchfork to the pip and moving off :)
NEW PARADIGM TRADINGvery nice to the pip touches on the upper parallel of the XA-BF, moving down and point D of the harmonic pattern touches the median to the pip and moves off :)
NEW PARADIGM TRADINGPitchfork of XA
Point C hit the Upper Parallel to the pip and then moved down to create point D of the entire scanner.
Possible Quickfire trade at Point D and then the CD-X traditional Pitchfork for more trades
GBP/AUD ENERGY POINTToday i was able to take advantage of a Pitchfork thats 30 days old, just to show the power of these things. The green PF is based of a scan that most traders regard as over or no longer relevant. The INS line as per usual daily S?R line.
This is/was a setup of 1:17 Risk reward so far.
well here is the proof that this is not the case
Currently in the trade, S/L is at Break Even +1, half of the position closed.
XAU/USD PitchFork MADNESSOn this chart I drew the forks on the main swings, as i was looking at the chart all this fibonacci wooowooo became clearer and clearerer.... btw we looove the wooowooo.
You are probably looking at some of these fib values and wondering where they come from or if I just made them up to suit me. NO!
My mentor backtested all of these over 15 years and thousands of charts and i am eternally grateful for that.
The circled points are the main Energy points that jumped out to me, but thats definitely not all of them.
The Green Horizontal lines are overlaps of up to 6 different Support&Resistance in combination with Fibonacci values. Again these INS lines are not random, they are S&R that is being calculated based on previous day price action, so as of monday they will change again but we do see some nice reverse compliance over the past.
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
GBP/JPY nice EP gave us a tradeHere is a perfect example of a classic CD-X Pitchfork giving us a bounce of the lower parallel (LP) in combination with an INS (daily support&resistance) line, thus creating an energy point (EP) and increasing probabilities.
The S/L (red diagonal line) as you can see gets smaller and smaller the more price moves on, one of many advantages of this strategy, and is set so we risk 1% in 5pips. Price immediately (0 drawdown) took off for 33pips after that bounce. If excited at the top this could have given you a 6% return on account in a very short time.
The power of precise execution and patience:)
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
NEW PARADIGM TRADING - PRECISION TRADINGTwo harmonic patterns with their complementary pitchforks :)
NEW PARADIGM TRADING - PRECISION TRADINGTwo Pitchforks, one bearish one from the former harmonic pattern and the bullish one from the new harmonic pattern. Point D of the new harmonic pattern turned exactly on the median of the orange pitchfork to the pip. the last red circle is another to the pip touch at an energy point of the lower parallel and Camarilla lines, very powerful, got an 80% chance to go to the median of the bgreen pitchfork. :)
