Reality_trader

Reality_trader

UK100 shows sign of distribution 1) the first sign was the light volume breakout above the 25 oct 2023 resistance level. 2) we believe the light breakout on thu 02 nov 2023 was a pure sign of shakeout, our reason is that after the 02 nov 2023 on the 3 nov 2023 we saw uk100 dropping below the 25 oct 2023 resistance with increasing volume. 3) On Monday confirm our...

Reality_trader Updated 

after the 2022 crash in BTC (bearish market), we saw BTCUSD holding at $15806 and undergoing accumulation phase for the very first time after the major crash of 2022. we had no interest to buy into BTC during accumulation not until we saw the bullish candle breaking above the supply level indicating sign of strength in price. during the breakout event that's the...

Reality_trader

Price has broken out of the 2 days range. we're just looking out for a complete break with a strong bearish candle indicating weakness. once we have a confirm breakout we will be wait for a pull back .