BTCUSD - BITCOIN seeing strength?Good day traders!
Alright. For BTCUSD I'm still seeing the same pattern, however things are starting to look a little more optimistic. The pattern that I've been discussing for weeks now is the series of lower highs and lower lows. Once we break this pattern, then we can start to talk about that move to ATH and ~$85k above ATH.
We NEED to break FWB:65K and ideally with above average volume (which I did not discuss in the video). We need a breakout with volume to get some gas in the tank so to speak.
If we can do that, it simply increases confidence in the bullish scenario. There's never any certainty in the markets, but from a pattern perspective, we have to break the pattern in order to gain confidence in the next move. Break the pattern to the upside, I believe we'll see new highs. We have yet to break the pattern to the downside, but that is not off the table. I'm simply saying things are looking better from a bullish perspective at this time .
Wave Analysis
USOIL & NZDCHF Missed Position Recaps (+8%)Missed Positions -
TVC:USOIL +4%
FX:NZDCHF +4%
Here I cover two missed positions from last week, I was travelling at the time and out of my normal routine so this was one element as to why I missed these trades.
I fully explain through the video my thoughts from the higher timeframe down to my entries, with emphasis being put on how easy it can be to achieve a double digit week.
Hope you enjoy!
NZD/CHF Long, EUR/AUD Short and EUR/NZD ShortNZD/CHF Long
Minimum entry requirements:
• 1H impulse up above area of inflection.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/AUD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
Silver - Just Starting The Parabolic Rally!Trading update on Silver ( TVC:SILVER ):
Click chart above to see the detailed analysis👆🏻
Silver just perfectly completed the bullish break and retest and is about to reject the next horizontal resistance level. However everything is still significantly bullish and I honestly do expect a breakout soon. Following the previous cycle, Silver might rally another +35% from here.
Levels to watch: $34, $45
Keep your long term vision,
Philip (BasicTrading)
QUESTION 2SUBJECT: INVITATION TO A SUBSTANCE ABUSE SEMINAR
The Department of Health will be visiting the college to educate students about
substance abuse. This decision was influenced by the rapidly rising number of
substance abuse cases and the associated health and socio-economic burdens in South
Africa.
Remember, substance abuse is a contributing factor to health-related conditions such
as death, injuries, violence, HI/AIDS, tuberculosis and chronic diseases like
cardiovascular disease, cancer and mental disorders.
Being there will helps you learn as much as possible to avoid such a situation and
enable you to support a friend who is already in danger.
The speaker will address the following questions/topics and distribute pamphlets:
1. What is Addiction
2. The different types of addiction
3. How can you tell when someone is addicted
4. The effects of addiction
5. Organisations you can go to for help
BITCOIN - The Next Target: Minimum $118K...After months away from analyzing the Bitcoin chart, I revisited it and identified a straightforward count, clearing away previous complexities to better estimate Bitcoin’s next target.
Based on this count, we’re now in Wave v of Wave 5, marking the final movement in this 5-Wave sequence that began in 2008.
In this video, I’ll also cover the key levels to watch if you’re looking to trade this move higher.
Stop Level: $58,971
Target 1: $118,000
Target 2: $174,000
This is just an idea and is not investment advice. Always trade with caution.
Vertex Pharmaceuticals (VRTX) | Chart & Forecast SummaryRight Here You Can See Vertex Pharmaceuticals Incorporated (VRTX) Registered As (VRTX) On The New York Stock Exchange, Vertex Pharmaceuticals Incorporated Is An American Biopharmaceutical Company Based In Boston, Massachusetts.
The Following Chart & Forecast Summary On Vertex Pharmaceuticals Incorporated (VRTX) Has been Subject On
Key Indicators on A Trade Set Up in General Like A
1. A Push Set Up
2. A Range Set up
3. And A Break & Retest Set Up
Overall Conclusion | Like The Trade Plan Execution & Risk Management on Demand It Tells Us
"Long Bias For Now"
MOASS: Fuse LitTLDR of the video:
-Price has likely bottomed
-Short Volume is increasing as predicted
-Price should rocket through VWAPS
-Next significant price levels: 22, 25, 28, 40
-Price should be in full squeeze mode once we get above 28 and definitely 40
-Manage your positions by watching short volume and price reactions to VWAP
M O A S S
Mag 7 Earnings - Something will Break (Ceiling or Floor?)797 stocks reporting earnings next week
Notables include
GOOGL
LLY
CAT
META
MSFT
COIN
AMZN
AAPL
XOM
CVX
MA
V
$15 trillion in market cap at play as the US markets are still very close to all-time highs with a melty-uppy vibe. I'm cautiously bullish and could certainly see the highs get blown off with strong earnings momentum dominating the sentiment. I could also see Mag 7 disappoint investors with "not enough growth" and any pullbacks on Mag 7 will certain drag on the entire market.
Survive next week, then it's onto the US Election, FED, Non-Farm Payroll. No big deal, it's just trading :)
Thanks for watching!!!
905$ trade One of my best tradesOver the past four days, I have closely monitored the market charts and have developed the ability to predict significant price movements, regardless of direction. The market still shows fair value gaps from the downside, indicating potential upward movement, much like how the ocean recedes before a tsunami strikes. Considering that the market recently hit all-time highs, a retracement is inevitable.
One crucial lesson in trading is that success doesn’t come from actively trying to make money—it may sound counterintuitive, but it’s true. The market moves like a heartbeat, with regular patterns, except on "news days," when external factors act like adrenaline and cause shifts. Once you can recognize when the market is preparing to make a move, you become a formidable trader. The truth is, all strategies can work, but the key is to avoid letting greed or emotion dictate your actions. Trading with emotion is the fastest way to lose money, so it’s critical to eliminate that from your decision-making process as quickly as possible.
Take a look at this strategy"Video Idea: A complete beginner-to-pro guide on using TradingView's advanced charting tools, technical indicators, and customizable features for market analysis. The video will cover setting up your workspace, reading charts, creating trading strategies, and navigating the social community. Perfect for traders looking to maximize their TradingView experience!"
"Video Idea: A complete beginner-to-pro guide on using TradingView's advanced charting tools, technical indicators, and customizable features for market analysis. The video will cover setting up your workspace, reading charts, creating trading strategies, and navigating the social community. Perfect for traders looking to maximize their TradingView experience!"
The Procter & Gamble Company (P&G) | Chart & Forecast SummaryRight Here You Can See The Procter & Gamble Company (P&G) With The Symbol "P&G" Registered On The New York Stock Exchange. The Procter & Gamble Company (P&G) Is An American Multinational Consumer Goods Corporation Headquartered In Cincinnati, Ohio
The Following Chart & Forecast Summary On The Procter & Gamble Company (P&G) Has been Subject On
Key Indicators on A Trade Set Up in General Like A
1. A Push Set Up
2. A Range Set up
3. A Break & Retest Set Up
Overall Conclusion | Like The Trade Plan Execution & Risk Management On Demand It Tells Us
It Is A Neutral Bias For Now
NVDA Full Wave Analysis from Weekly to Four HourGood morning Trading Family
Here is a massive detailed video outlining my thought process using wave counting and some other tools to figure out where NVDA is going and why along with key levels to look for and some scenarios that we can see play out with NVDA
Goal Here is to get you to see how using wave counting can help you form a a structure with your ideas using the IF Then methodology to become a better trader.
If this video helped boost, like , share: I am very grateful and appreciate your time watching this video
Any questions let me know and send me a Dm if you like
Mindbloome Trading
Trade What You See