The price, after the fall, appears to be reacting at the opening of the week, where it makes a Judas swing and reacts upwards. The price is likely to rise again to $82,932.99, and how to take profit from the CME futures gap, which is $87,000.00. The price should not break the $79,000 price point strongly, because if it does, BTC is likely to fall to $74,000. Be...
Introduction to Quarterly Theory (QT) Time must be divided into quarters for a proper interpretation of market cycles. Combining QT (Quarterly Theory) concepts with basic ICT concepts leads to greater accuracy. Understanding QT allows you to be flexible. It adapts to any trading style as it is universal across all time frames. QT eliminates ambiguity...
Floki looks like he is going to have an upcoming bullish rally. There is a weekly bullish pattern and on the 4-hour chart it is making a retracement to continue rising.
We can see that the price of bitcoin is lateralizing in the form of a 5-month bearish flag to liquidate Stop Loss. We may be on the verge of a bullish explosion in the price of bitcoin in the coming weeks as it has bounced off the weekly 50 EMA and the weekly, daily and 4-hour Squeeze Momentum is in red which tells us that it is possibly already at its peak. last...
Bitcoin seems to be consolidating for a possible bullish movement, there are approximately 16 days left until the halving and it seems that it wants to make people doubt the post-halving bull run, all that remains is to continue buying but if it breaks 50k USD the bull run would be in doubt for something external (WW3 or economic crisis) TRADINGLATINO:
"History never repeats itself, but it often rhymes."
We will use for the PRICE part: 3 for PO3 6 for IPAD levels. And for the TIME part: 9 as seen in the lookback period. Combine these together, and you have your time and price. These concepts are based on the vast majority on the terminology of Michael J. Huddleston, known as The Inner Circle Trader or ICT. Hopiplaka's contribution ...
The GBP/USD pair could give a change in trend to look for Short since we have a confirmation of an Ascending wedge and right now forming a head-and-shoulder pattern, following charting theories this has a probability of the price of the pound falling sterling
The Berkshire Hathaway company in the face of all the financial uncertainty is the one that is resisting the fall the most if we compare it to other companies in the same sector. Therefore, before an economic recession may be the least likely to fall and with it a company that would be safe to invest.
The EUR/USD is starting with a bearish Weekly Bias, with this you could expect that the remaining days of the week will be bearish in the Euro and it would accompany the FOMC Minutes to boost the acidity, but I do not recommend that you trade the news at 13:00 (UTC-5) if you haven't backtested what happens when that news comes out. The yellow zone is the...
The USD/CAD pair appears to be forming a Daily Bias retracement to continue the rally that I expect to continue through the remainder of the week. There is important news at 8:30 New York time, potentially at that time the entry of purchases breaking the lows of the Asian range and rising, a classic Judas Swing movement. The time of the news (UTC-6) appears in the...
As Bullard (FED) spoke, the bond market is challenging the narrative of a soft landing. The 3 month to 10 year yield curve, which has hit every recession in the last 20 years, inverts to its lowest point. Signal that the bond market expects a recession, slowdown or anything that does not mean a soft landing
Gold seems to be preparing for a market correction and make a potential (A B C) or if default (1 2 3 4 5) as confirmation we have a trailing diagonal, harmonic bat pattern and strong downward momentum that can characterize a trend change.
Last week for the end of the year and with the insertion of an economic crisis and the festivities that are approaching around the world such as Christmas and New Year and apparently investors do not seem to be interested in high-risk assets such as stocks this last month technology ( TVC:NDQ ) and cryptocurrencies. So this last week it may be that BTC rises a bit...
The GBP/USD pair is positioning itself for potential intraday sales, waiting for the GDP data from the United Kingdom, which is in 5 minutes, and from the United States, which is in 6 hours and 35 minutes. GBP/USD as the UK doesn't seem to be having its best economic moment and investors prefer the dollar over the pound in recent months.