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XAUUSD Sell Opportunity Incoming!Hello Chat DegenJake here, i hope you find yourselves well from health & mind. Let's get right into it shall we? VISUAL GUIDE:} Blue lines: Represent Active Weekly liquidity. Yellow lines: Represents Active Daily liquidity. White lines: Represents Active 4HR liquidity. Orange line: 0.5 Fibb Level on the Weekly Time frame from the swing low to swing high. As we can notice chat we have a very interesting chart formed on Gold. What do we see? We see gold wanting to perhaps take out liquidity level {Price level 2690: White horizontal 4 hr liquidity line} and then shove towards the bottom side to take various liquidity prices below. the major point of reversal whenever it decides to crash either soon or after march 14 our first lunar cycle. Well be updating you chat. I personally entered an extremely low risk position as i would like to acquire heavier positions once it takes liquidity to the upside first. i still see this market being a little early for the sell off but incase it happens quick without warning is why i have decided to start my first small position. the master plan would be to start DCA positions towards a SELL at price levels 2690 2720 2790 This is a super clean set up chat don't fade it!
FOREXCOM:XAUUSDShort
by DegenJake_
BTC.D Bitcoin Dominance Setting Up For A Sell Off!What's up cat DegenJake here, Welcome all to a new trading week were going to start zeroing in on crypto as things are really starting to heat up in the crypto scene. With much anticipation we wait for a bullish Run, but for now we definitely see bears in control of BTC. Here on BTC.D we definitely see it wanting to go upwards and take out some white horizontal lines of 4hr liquidity zones. & in another case scenario even be able to take liquidity on the daily Yellow horizontal line. Theres no denying that this chart has so much more liquidity to grab to the downside than it does to the upside anymore, But the market markers seem to be loving to shake out the retail investors and newcomers to crypto that aren't adapted to such rad volatility. Personally i see these opportunities as further buy entries for ALT's and BTC. Based off this chart we can see ALT's correcting about 16% in the incoming days then pumping to VALLHALLA.
CRYPTOCAP:BTC.DShort
by DegenJake_
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