On a daily chart price broke the structure to the downside and it began the pullback to the upside. There is a area of imbalance which I expect to be filled after which most likely we expect a new lower low on a daily. My entry is always around 0.382 Fib lvl on the supply/demand zone, SL slightly above for nice 20:1 RR ratio. Expect it to play out by the end of...
As it can be seen on the chart, we just had a Break Of Structure (BOS) and I expect the price to take ot all the liquidity and fill the imbalance before it goes up and makes a new high. Higher timeframe just broke the structure on bearish side recently and it can be expected tha this coul start a pullback before going lower. I usually take entry around 0.382 Fib...
BINANCE:BTCUSDT Hi there fellow traders, Recent movements on BTC started to make me question some things so I dug down deeper to find some answers. Although I am BTC fan and supporter I must say that this doesn't look optimistic for first half of the year at least. I listen a lot about coming up from recent dip and many experts saying many positive things as...
This is a weekly chart of Quantum which, as I demonstrated, has fulfilled all requirements to finally start a strong uptrend leading to a new ATH. Wherever that might be.