Good Morning traders! Sorry I have been absent a few days, its been a long weekend here and I have been enjoying the time away. This chart is a PRIME example of what I have been showing. This are obvious places for stops that retail traders would have used. We also have a completely failed head and shoulders pattern-most retail traders trade these. To be...
Good Morning traders! Todays update is back to BTC. Like I always say retail traders are obvious, they have a distinctive footprint. Mostly because hey don't think ahead in the markets. I can see a VERY obvious stop filled area, and the longer we build orders the more likely it is that we break through to the downside. By the time retail traders realise that...
Good Morning traders, After the success of yesterdays post (thankyou) I thought I would give you another quick update. you can clearly see the say thing it still happening. We build orders, Whales protect orders. There will be an impulsive move coming to sweep things out, so be prepared! As always trade safe. EnvisionEJ
Good Morning traders! Today I have a great example of order protection and liquidity building. This is something that I have been speaking about for a long time and this current PA shows it well. The blue boxes show places where large orders have been placed and and initiated moves. See how price returns to retest these areas?! this gives the Banks, Whales and...
Good Morning traders! I hope you had a great weekend. Mine was busy, just like the crypto markets. However the more they change the more they stay the safe. Price continues to be held EXACTLY at the area I highlighted, this is because we the market respects the areas filled with orders. Currently I can see 2 options for price movement. Orders are protected and...
Good Morning traders! Price has again lined up with the forecast I outlined yesterday. I do not claim to be right all the time however recent PA has been reasonably predictable which has been a great thing, I hope you are learning! Looking towards today we have a VERY obvious area for potential mitigation, these bearish orders have never been protected, as...
Good Morning traders! Overnight markets have had a substantial recovery on the back of news the Evergrande will begin repaying the interest on at least one part of its loans. We are not out of the woods by any means. Price is resting right on the neckline retrace EXACTLY where I predicted we would find resistance. While I did say I would be looking for buying...
Good Afternoon traders! BTC is continued to move mostly inline with my expectations, we are having a reasonable rejection of the area I marked out and its a good place for buys. We have got a massive discount, what more are you waiting for? While I am currently more bullish than bearish, I do still 100% believe that we can head to the 37k area as mentioned...
Good morning traders! BTC continues to follow the forecasts that I provided the past few days. While I did say I would be looking for buying opportunities around yesterdays lows I also said I would be prepared to buy all the way down to the 37k region. As the order book get swept on the back of increasing risk from the Evergrande financial fiasco fud continues...
Good morning traders! I thought I would also do quick update on ETH. During times of heightened volatility ALTs take the brunt of the battering. For traders to exit a lot of alts the only quick exit is ALT>BTC>USDT. This has the tendency to lift the BTC price a bit. I would also like to draw attention to some comments I have seen recently. Some suggested I...
Good Morning traders! Yesterdays PA was easy to understand if you new what to look for. Retail traders are PREDICTABLE and therefore the markets movements are. The market has moved exactly as anticipated, sweeping out the retail orders stacked at the bottom of the range. We are now currently sitting on the neckline of a large head and shoulders pattern. These...
Hello Traders, A quick update, looks like price is pulling back like I was showing in the earlier forecast. Now is the time to be patient and wait for the market to show its hand. As always trade safe! EnvisionEJ
Gooding morning traders! Welcome to a new week! As spoken about last week the stacked retail orders were swept! These stops are EASY to see for the average investor, don't you think Whales and institutions can see this as well? After the sweep we have returned to a key area-and personally I am not willing to call which direction we will move, but have...
Good morning traders and a happy weekend to you all! Today I will just to a small update recapping on the posts through the week. What did I say-stacked orders from retail traders are easy to see. What happened? stops were swept and then orders were protected. The market is fractal in nature and retail trader psychology is predictable, start looking past the...
Hello traders! A quick update, to show the breakout and sweep of orders just like I as I was indicating earlier today! Whales have swept the selling orders and taken out the stops causing a wave of buy stops to enact. As always trade safe EnvisionEJ
Good morning traders! Eth has arrived at a pivotal level, this was mentioned earlier in the week. The range continues to build, this means orders continue to build. What comes after a build up of retail orders? A sweep OR impulsive move, whales KNOW where retail traders stack stops, they target these areas as easy money, where the orders are stacked the money...
Good morning traders! AS expected we are slowing down right at the top of the range-now is the time to watch and wait. Do we get a further rejection of the range levels? or do the whales blow through the retail trader orders? Time will tell. As always trade safe. EnvisionEJ
Good Morning traders! Today we will have a quick look at the BTC chart. Everything is based off of the BTC PA. Alts may move for a short while breaking the coloration to BTC, but they always revert to the mean-following BTC. BTC continues to build orders much like ETH, I can see a deep pullback on the cards into the green area before the bullish run...