This analyze for scalp strategy. Use low timeframe.
In 5m, we will se a bullish divergence.
The price already hit the liquidity level, then pullback. It would be a nice accumulation scheme.
Set your TP in realistic TP area
its a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype.
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very...
well.. looks like BTC still need much more power to get pump. I guess..
based on Wyckoff accumulation scheme, we have to be aware for the spring. I didnt see spring level already reach. there are strong demand below current price.
I think the Spring level already reached at 22 june. but, I guess it was not the Spring level, beause to drive up the price still need...
i make a few analyse about hows the roadmap of XAUUSD based on historical price. i use fibonacci retracement, fib extension, pitchfork and gann fan. based on my analyse.
my analyse only for analyse purpose. not a signal! if i made a mistake at applying fib retracement, fib extension, pitchfork and gann fan, please tell me.
at the begining of XAUUSD chart on...
