Golb

Golb

Price moved to $0.60 without pulling back. A slight deviation above to create a high. As I mentioned previously I was looking to short $0.60 but I was away from the charts and missed it. The rejection above $0.60 was quite ugly, I have two areas in mind for the long. I will be keeping an eye on the $0.52 area if that breaks the 0.48 would be my next entry. If...

Golb

Price blew right passed $620 making a new high. I’ll be watching $620 for the bounce, i have limit orders at $580-$590 with stops just below $560. My target for the upside is $820, if the opportunity presents itself I will be short below $620 looking for a hedge off the $590 bounce. I’m playing PA as I see it.

Golb

took a loss on the initial long but made it back with the limit orders had at 0.45 as mentioned in my previous post. I’m not the biggest fan of this rally but the reaction off the 0.45 area is very telling. Lows were swept and stops taken. I would prefer to see price come back down towards 0.48 or a bit lower before considering another long, but I believe the...

Golb

Price went to my 620 target. Closed out the remaining 50% There could be a potential short somewhere around these levels, I will keep monitoring as price has slowed down on the LTF. There is no reason for price not to pump straight to 700 then 820 as mentioned in my previous post. I’m not willing to marry either side of this trade therefore I will be looking to...

Golb

Market structure is still holding, lows not yet taken out so bullish market structure is still intact. XRP can be moody so I’m going to be patient. I’m looking for a short somewhere in the 0.60 region. There is a chance to hedge here in case price decides to take out the stops above the previously printed highs before my the dump. I still think there’s a chance...

Golb

Back in may I gave a detailed breakdown of my idea of what I expected from XRP. Price moved exactly the way I pictured it in one of my scenarios, we even took out the highs at 0.45 and closed above on a monthly basis. Trying to short XRP from here would be quite foolish, I would rather watch 0.45 for an opportunity to ride higher. I honestly believe $1 is a...

Golb

ETHBTC broke higher, next week could be a very interesting week for ETHUSD. 605-620 is a very important area for me as the bullish MS was not violated on the last leg down. If price can breach 620 there’s little standing in the way of 700 then 820. I’m neutral for the most part but my analysis is point towards 820 soon. There might be some wick fishing above...

Golb

When the market is in in bull mode it moves very fast. I’ve been looking for signs of a correction for the past few weeks. I’ve been stopped out 4 times trying to short the top. The market is being capped by 620, very good chance we dump har from here but I would like to see the stops above 620 to be taken out first before an ugly dump to squeeze out the longs.

Golb

This is what I will be looking for, try wait to the higher low and look for the swing higher.

Golb

Haven't had the best time trying to short BTC but here goes nothing

Golb

Triggered, let's see what happens.

Golb

So it's as I suspected, GBPUSD is a dumpster fire . I'm going to wait for a bounce and see how high it goes before considering a short. I'm shorting the next rally if the opportunity shows itself. 1.2000 seems to be achievable, let's see what happens.

Golb

I'm not the biggest fan of the FX market but this thing looks like it just wants to die. GBP is staring into oblivion, if it tips over there is a low way down There or only a few levels holding this thing up. If these levels go then I think things will get bloody and very ugly. I don't see any set ups at the moment but they will show themselves. 1.20000 looks...

Golb

Yesterday's tumble saw a break of a level I've been watching for a while. How price behaves at the "previous low" will help me determine what the next macro move will be. Short term I'm still short, if price is going higher it needs to print a higher low. I'm looking for any indication of a bounce but timing will be key. Usually I would look at structure alone...

Golb

Quite a messy spill. Same drill, I close 50% stops to BE.

Golb

Four hour look.

Golb

Interesting

Golb

It's been a while since my last update. Price hasn't travel much in that time, I slow grind lower insued taking price towards the lower levels. Price stayed around the level I was looking to short from. Price is still respecting the price points I marked out. The "previous low" has held, price has made multiple wicks off that price level. Price has done nothing...