THE_KLASSIC_TRADER

THE_KLASSIC_TRADER

BTC Price Action is at a very crucial level at the moment; First the Breakout/Breakdown point of the symmetrical triangle it formed between yesterday and now. Secondly just slightly above the Major 4HTF falling Trendline (after breakout) so price could either hold above it and pump of fall back into it and act as a fakeout. Thirdly just above the $60k Zone...

THE_KLASSIC_TRADER

TON price has been trading in a strong uptrend for days now, after making and passing a successful double bottom 'w' pattern as I've indicated with the cypher tool, which is still running and bullish as we can see. Although on Daily & Weekly Time Frames TON is still in a downtrend as Indicated with the green trendline. I already missed the pump to the up side, but...

THE_KLASSIC_TRADER

BTC has been trading inside of a rising wedge pattern, of which in this case is a Bearish completed. Although BTC price has broken out of this wedge and still making highs. I was anticipating a breakdown flow initially, until I realized and remembered BTC has a CME gap to fill between $61,850k - $61,550k. So I strongly believe BTC is pumping to fill this gap, and...

THE_KLASSIC_TRADER

BTC price has been in an uptrend after the release of CpI news of Wednesday, Invalidating my Short setups just the day before. As I said their was a Bullish setup which I didn't really take serious because I hadn't gotten the confirmations I needed as the time. Even though I still took them, hit SL and reentered again Also these are the results of my short...

THE_KLASSIC_TRADER

The result of our previous LONG position, which I extended to the Top of the DOUBLE BOTTOM pattern I indicated with Blue path line has been completed and with phenomenal results and profit. Now GOLD price action after the news on Friday has been strongly bearish and just before the close of market on Friday night GOLD formed a rising wedge pattern. And from the...

THE_KLASSIC_TRADER

BTC price action has been in a bearish trend for weeks now, and we have been speculating a trend reversal for some time, we thought the NpF news on Friday would help but the bears still took control of the market, so until we spot a good and clear trend reversal setup we're still Bearish. Currently BTC is forming a bearish flag pattern on 1HTF just above our...

THE_KLASSIC_TRADER

BTC price action has been in a bearish trend for weeks now, and we have been speculating a trend reversal for some time, we thought the NpF news on Friday would help but the bears still took control of the market, so until we spot a good and clear trend reversal setup we're still Bearish. Currently BTC is forming a bearish flag pattern on 1HTF just above our...

THE_KLASSIC_TRADER

price has been in a strong bearish move since the news drop on Friday and broke my minor support and Major support flipping it into resistance from which I took this major short position, because volume is low and bears still in control of the market, and Bulls aren't ready to take control yet, but hopefully we'll be hoping things change in the and coming weeks...

THE_KLASSIC_TRADER

Price has completed the Double top or M Pattern formation on the Hourly Timeframe and on the Golden Support zone. Although the M Pattern on Daily Timeframe hasn't been completed, so still expecting further Downside. But for now Price seems to be in a temporary bullish trend, as we can see it broke out of the falling channel and currently in a rising channel, so...

THE_KLASSIC_TRADER

SO after the update on my GOLD trade yesterday, I noticed a falling channel pattern [in red[. After establishing the channel, and noticing the RSI was in the overbought rejoin, coupled with the fact VOLUME is low after the closure of banks in the US & Canada, I took a Short trade which is already in profit.

THE_KLASSIC_TRADER

This is my trade result I posted last week, after rice made a double to , but now that rice has played out clearly we can see it is a Head and Shoulders pattern. but then rice still moved down and hit out TAKE ROFIT ZONE as expected. So in the coming days I'll update on the next expected rice move but for now, let's watch it out.

THE_KLASSIC_TRADER

Gold has shown weakness in the last few days and also showing double top pattern in higher Time Frames, both on the 1Hour and 4hour timeframes as I've indicated in red and Blue path arrows. im already in a short trade myself, so well see how it turns out esecially with the news coming in the next few days.

THE_KLASSIC_TRADER

This was a short trade taken after recognizing the head and shoulders pattern few days ago.

THE_KLASSIC_TRADER

BTC Price still looks uncertain for now, currently rice has broken out of the resistance trendline {Purple{ still yet to show successfully retest but in 1HTF Price is forming a Bearish rising wedge Pattern. So until successful retest and a strong bullish breakout from wedge Pattern, we're still unsettled. But as I've shown, BTC has a CME GAP to be filled between...

THE_KLASSIC_TRADER

BTC has been in consolidation for 5months after the major pump to ATH, Also rice has been ranging inside a bullish flag, which is an indication for new ATH. But at this time and moment with all the speculations and hype from the crowd (market always go against crowd motions(. So for now price is trying to fill that CME gap as seen, So we might see pump or...

THE_KLASSIC_TRADER

Price has Been Bearish for Days now, Trading inside the Downward channel (White trendlines) which is still very much valid until breakout, and Volume momentum is still low for that Scenario. Secondly BTC has a CME Gap to Fill between the $61,800 & $59,800 Zone so, for now we're still Bearish. And then we'll see if price will hold the $62.4k Resistance (from which...

THE_KLASSIC_TRADER

Price has being overall Bullish this week, after breaking out of the falling wedge of last week and has been trading inside an upward channel, still making Higher highs and Higher Lows, so for me GOLD is still bullish until the key resistance zone around the $2,492. So well see how rice reacts in the coming days.

THE_KLASSIC_TRADER

Range Trading. price has been in consolidation after the bearish fall of last week, so was waiting for the retracement and retest of the bottom @ 56k. but now seems like it's breaking that level for we're going to even lower level to the 52k major support