I'm not much a trader who is able to explain what I see and I'm horrible at trying to explain what how I look at charts. Hopefully the chart speaks for itself. I see a flag with an opportunity to short for a small trade with a 3.5 to 1 trade. I may wait for it to break the trend line but I'm afraid it might move to fast for me to catch it. So entering now with a...
its amazing how many times ideas have been posted on trading view over the last 8 months with many different crypto ideas that all have a similar tone... "BUY UP, WE ARE AT THE BOTTOM!" "HERE WE GO, ITS BROKEN MY TREND LINE!" "HOLD ON TO YOUR SEATS!" "BITCOIN ETF ARE ABOUT TO BE APPROVED! BUY AS MUCH AS YOU CAN!" I will probably slaughtered by all the bitcoin fan...
I posted this yesterday with 2 criteria's that will make me sell. I will only enter a short if: 1. we can see a break of trend line plus retest of the channel. 2. we get a retest of the channel. NUMBER 2 IT IS! Small risk with a high reward
I will only enter a short if: 1. we can see a break of trend line plus retest of the channel. 2. we get a retest of the channel. Not looking to retire from this trade, just a quick in and out with a tight stop.
Hey Gang. In my analysis of GBPUSD It seems though it is currently in a correction from its impulse to the down side and to me it looks like it will continue to the downside once it has completed the structure. I will wait for a retest to that range I have indicated on chart and will look for a flag formation on a lower time frame (1 hour). my stops would be...
Hi Guys, This is my analysis on 0x. Can i please get some feedback if you agree or disagree. As you can see the chart has shown us an ABC structure in which a 5 wave correction followed. I believe it is only a matter of time. Pleas keep an eye out on price to see if it will bring out of the stucture. If my analysis is correct we should see price drop to...
Right now we are in a down move for TRX. We are currently in a pullback, gearing up for another short. I believe TRX will test the low. We want it to break the low to complete the structure for a large move up. Look at 1 hr and 4 hr time frames for entry. I believe we will get that big move at the end of the year!
ZRX hasn't had a good month or so. time to break that trend line to test the low then who knows from there.
My thoughts on IODA - I've read good things about this currency. Important levels to watch for a buy are the horizontal rays in blue.
Hey Guys, I will be selling the break of this trendline. Targets are at the lower trendline. We are currently in a correction which is at the top of the 50 fib line. looking for a down move.