Little video detailing how I like to attack the markets when I'm trading. Hope you enjoy!
Just a little update from my London session vision with gold respecting 65. Despite sitting on side lines we did have the right bias. We made up for nice little longs on AUDCHF. Not Financial Advice - I'm just swinging the bat :D
Just my insight of gold and what I'm visioning for the rest of the week don't take what I say as financial advice I'm just a little fish in a big pond swing the bat.
COINBASE:AVAXUSD Well price speaks for it's self. Updates to come.
BINANCE:ROSEUSDT I managed to get pre .30 Rose ATH in a discord chat. But I'm this time I'm looking to target on TV. Daily we are looking very bullish . There's been an ascending trend line which has been majorly respected. Considering the market sentiment right now though I feel - we are destine to see a fairly reasonable retrace to the .33 level. Daily bullish...
Here's a quick TA of Luna. I feel were going into a phase where we will be getting some nice crypto buying opportunities and I will be looking forward to catching some dips.
TVC:GOLD With dollar ever so slowly crippling. I feel we can see some parabolic metal action this year, last year I felt gold was in an accumulative state after breaking out from the descending channel off golds ATHs. We did see some strength in gold, the 2nd Selling Climax showed larger professional interests absorbing the selling pressure - after wicking...
BINANCE:HBARUSD I will add other TFs. Paint a better picture but right now I wouldn't even buy HBAR if you paid me. I'm going to get into level refinement on micro structure. Ill Also add weekly bias.
BINANCE:SOLGBP Now I have been following and calling SOL to its current level for some time. On twitter and discord. Ill post charts below. However, after seeing oversold levels plus reasonable market depth. There's some support to see pullbacks before a continuation.
I feel the overview of the Crypto space currently depends mainly on BTC. I wish it wasn't but many eco systems show signs or are forming into a Head & Shoulders. (Most would say this is a bearish chart pattern) Typically with the market reacting in phases. It seems justified that we would see a reset off a 70k ATH, Impulses are met with corrections. Although,...
We have the 1st Long of the year coming off a win with out first trade of the year - It's a bit of a risker one but lets see if we can keep it going. Currently since were in an accumulating range it's a risker set up. However, there's some nice confluence within the micro structure. The possible MA crosses along with the break and retest of the trend line shows...
Little one to start the year off, I've been focusing alot of time on crypto, but XAU will always be the way to my heart.
BITSTAMP:ETHUSD The slow down in volume from the most recent parabolic move is an indication of the baton changing hands. Most of the early entries during Sep/Oct run out are going to be cashing chips or dollar cost avg out... Therefore this is why I believe we're going for the big CENTURY pullback. 2nd Impulsive Run Stats Lasted 217 days - Volume of 72Mil...
Pull Back Possible Before Long, While DXY Pulls Back (Temp/Short Term Play) - I Feel If DXY Keeps Producing Bullish Market Structure / Higher Highs - Higher Lows - Gold Will Be Bearish Longer Term. However If DXY Breaks Bullish Higher TF Structure Gold Can Continue Bullish. See DXY Analysis For My Directional Bias Thoughts. As Always Structure Is King &...
DXY Can See A Pull Back At This Level. However As Long As DXY Close Above The Trend Line We Can Continue Bullish. However If We Close Below We Will Have To See How Price Reacts To Recent Structure Points (RSP) To Able To Maintain A Bias - Long or Short. This Can Help The Fait Of Gold. Though I Am Favouring Bullish Dollar.
Easy clean set up. Bearish on high TFs scaling down towards lower TFs to find more entries, I feel the trend is still bearish and will continue short until the third touch of the trend line. I'm waiting for the retracement to see how price reacts around that zone.
Gold has completed the cup. Were now in the handle phase. I feel this trend can continue up towards the 4hr fib levels. As the imbalance may want to be filled. Ill update the idea as we go.
We have a clean setup here. Ill be waiting to see how price respects the POIs. Seeing if we get rejections off the level.