DenisTrofimov

DenisTrofimov

Short trap and Liquidation before the flush down. Just an idea.

DenisTrofimov

BTC Swing Short - Scalp Long

DenisTrofimov

BTC is now retesting the bottom of the range. If rejected the price will be drawn toward liquidity pool below $8900 (summer range) all the way down to $7700-8000. We should see a decent bounce from there if the price indeed gets there. The presidential election is coming up with many drivers for increased volatility in the markets. US election often results in...

DenisTrofimov

BTC Range Bound. We are 53 days into obvious range marching toward Equilibrium (midpoint) at $9486. Volatility is down and at this point nobody know when it will expand. The market makers are waiting for some catalyst. Important to not get chopped in the middle of the range

DenisTrofimov

Short consolidation with stop runs for a week or so

DenisTrofimov

Liquidity Pool above $10500 needs to be flushed out, but retracement down to mid $7000 is higher probability before the test of $11000

DenisTrofimov

We reached 62% retracement from Swing High to Swing Low. Whatever your beliefs about the market are be cautious in the next fee days as the move can be very surprising for many. Any long positions should be reduced. You can always reenter at the retest if the resistance gets broken. Major support is now at $6600-6900.

DenisTrofimov

Bullish alignment across all time frames, but be careful as the Gold is trading at 8-year all time high. People might start taking profits, yet there is issue with physical gold delivery from shorts, so we can also run into a significant short-squeeze.

DenisTrofimov

Breakout above $2870 leads to multi-day breakout that will lead to $2932-2970. If the sellers step in at the current resistance, we will have a chance to go below the current VPOC and break-down below $2690 with a possible test of $2550

DenisTrofimov

BTC is approaching strong resistance with volatility contraction. The probability of correction is now very strong. After the corrections we can take out two "ideal" tops that formed at $11000 level.

DenisTrofimov

I think we hit the liquidity pool at $7800 and now BTC gained enough strength for another leg down. Breakout above $8000-8100 will cancel the scenario.

DenisTrofimov

SP500 ES_F W Reversal (with Fed sponsorship)

DenisTrofimov

SP500 (ES_F/SPY/SPX) is hitting the final block of the liquidity pool before diving back to the distribution phase.

DenisTrofimov

As much as I am bearish on BTC in the current economic environment, I would like to share a possible scenario for May 2020 Bitcoin Halving euphoria. Good luck trading and never forget about proper risk management.

DenisTrofimov

BTC is heading back to $9700. Then expecting retracement to $5900-6200, possibly lower.

DenisTrofimov

BTC. Yep!

DenisTrofimov

Simple structure. Swing $10030-8400-->50% retracement to $9200--> extension of the swing by 100% $1600 to $7680-level-magnit.

DenisTrofimov

BTC is forming a higher time-frame range. I expect a small pullback to 9000 and then a test of a major HVN at $10150. After the test BTC will correct deeper into $8000-8200 major support zone.