Thank you again AquaHydroMan for the suggestion. This one was complicated. News candled throw off trading and algos. However, we do see that once we ignored the news candle the fibs started aligning better. For new traders this may be a source of frustration or even intimidation while reading, but with time you will soon get the grasp on how to identify and read...
Potential short term trade on USD cad as a long. Limits set.
We hit SL onthis trade but we are touching the TL and resistance with the 78%. already rejected resistance on the weekly waiting for cofnirmation. Stting limits just in case.
Quick Update on AUDJPY. Tested resistance and broke below on the daily. Waiting for confirmation but set a limit just incase.
Thanks again for the Suggestion Maikel. We already testing the major weekly structure support which is on confluence with our 38% weekly fibs. Now we are waiting for a confirmation on the s4H and daily prior to entering!!! GOOD LUCK TRADERS AND BE SAFE !!! NO YOLO GAMBLING YOU MONEY ON TRADES!!! 1% per trade is idea no more than 3%. Sure you may miss on...
Thanks again for the suggestion Lux Lux Klan! We are testing the 38% fib level with major structure from both monthly and daily. this one from a technical perspective is actually solid and if confirmed would be a good buy in the coming days. GOOD LUCK AND REMEMBER TO USE PROPER RISK!!! Our community are smarter than the YOLO gambling degenerates. You may miss...
Thanks again Joon Joshy for the suggestion. We are testing the 38% fib on the daily will showing support however i personally would like to se a deeper retracement at least to the 38% fib of the monthly leg. Regardless the 4H contextual environment from-the script i made for you guys is still showing bearish. so i must wait for that to be green before i even...
Looking to short based on a 78% + Structure _ confirmation on the daily candle close. Waiting for entry at the moment. RR - 1:2.2 RR - 1:4
Thanks again Triston for the suggestion. We are still too far away to make an educated guess on price entry and targets. We need some more structure to determine if we will fall to 50% or treat the 38% as support to enter. Patience is a virtue with trading so BE PATIENT!
Thanks again Aymen Krypt for the suggestion!! We are testing the 38% weekly as support on the daily. Waiting for confirmation before buying otherwise waiting for a dip the 61% fib zone. small market cap of 260 M * 2 == only 520 M injected into the coin to reach a 2x. Which is certainly feasible.
Thanks again Naim Thomas for the suggestion! We are trading above the previous structure and currently waiting for a confirmation. With targets, we can expect a 300% to at TP1. However, the 8.50 mark might give resistance as it was the previous monthly sturcutre. Dicy trade, but with crypto sentimental at the moment we are passing a bullish bias.
thanks again Aqua Hydro Man for the suggestion. We tested the 61% fib (w) as support, confirmed support, and now have an ascending triangle pattern. Looking for optimal entries at the moment. PLEASE DONT YOLO gamble your money on cyrpto. Be smart with risk. use stop losses. Trade money you can afford to lose. This is coming from a guy who lost 319,000 USD in a...
Thanks again, Aqua Hydro Man for the suggestion!!! A quick recap on the coin I covered a few weeks ago! WE confirmed the support on the daily timeframes so I actually entered this trade. DISCLAIMER!!! I AM IN ON THIS TRADE!!!! small position but I WILL dump on you at the talked about targets! hahaha This is educational and entertainment not meant to be investment...
Thank you, Saad (Fitbeard AU) for the suggestion! We broke resistance and now are waiting for a pullback to an entry with a confirmation.
Whats going on! We are testing the weekly structure and 38% fib as support. On the daily we see a bullish penant and a condle confirmation. All indications of a profitable trade HOWEVER!!!! Setting stop losses and using proper risk per trade prevents emotions like fear and greet. DONT BE YOLO GAMBLING YOUR MONEY! hahaha
We are touching the 385 of the weekly leg and touching daily support. We need to wait for confirmations prior to entering or see a fall to the 61% fib (1.32) or even the 88% if that fails. GOOD LUCK AND BE SAFE!! not financial advice but use proper risk guys!! DOnt yolo gamble money
Hey everyone, we are trading at the 38% fib of the weekly time frame. if we respect support great op to buy otherwise see a fall and test to the 10 cents or even 8 cent mark on a retest and confirmation before entering.
Before we long we need a confirmation of the 38% and the previous ATHm as support. Otherwise, wait for a retracement to the lower fib levels. Thanks again Aqua Hydro Man for the suggestions!