TradeWithWayneYia

TradeWithWayneYia

What is the Ethereum Merge and why? The Ethereum Merge is the most significant upgrade for the Ethereum Network migrating its consensus algorithm from Proof-of-Work (PoW) to Proof-of-Stake (PoS). It is achieved by running a parallel chain called the Beacon Chain on 1st December 2020, underwent more than 1.5years of extensive testing and bug bounties before...

TradeWithWayneYia Updated 

To begin, sorry for not updating my post for so long. I am still active trading just that have little time to share my analysis with the community. Please pardon me and feel free to drop me a message if you like to discuss anything. My outlook for BTC is still bullish, in fact I took some profits this month and waiting to re-enter my positions. On the...

TradeWithWayneYia

BTCUSD had a lovely pump couple of days ago, fueled by the awesome new from China's Govt that we should all "Seize The Opportunity" to get Bitcoin. It is rare for the Chinese Top Official to issue such a bold and clear statement to the public. Fundamentals for Bitcoin is solid with Halving just about half a year from now, things are getting exciting ;p Being a...

TradeWithWayneYia Updated 

Long term analysis for AUDUSD is Uptrend in general. However there are always opportunities to go LONG and SHORT based on different time frame considerations. Found a nice Bearish Bat on H4 on this pair and it is completing soon at Point D (0.68690). Different approach to this trade (Stop loss as required): 1) Short at Point D but note that there are basing...

TradeWithWayneYia Updated 

Could'nt share this Trade setup earlier as I had a really busy week, I am currently riding the short. Big Time Frame Analysis (Daily - Weekly): Price hit major Supply at 1500 region and shows many indication of reversal patterns. We might really hit gold here since its the start of the downtrend. Trading Time Frame Analysis (M15 - H1 - H4: Head and Shoulders...

TradeWithWayneYia Updated 

Bearish Bat Pattern on the H4 As Harmonics Pattern mostly seemed like counter-trend trading with Completion Point D (the place you enter your trade order), a price stretched from Point C, where after passing Point B some traders may have the impression that a change in trend is underway. How I like to determine trend is based on a higher time frame than the one...

TradeWithWayneYia Updated 

ADA had recovered slightly against the BTC and approaching the next sell level. Coincidentally, one of my favorite Harmonic Pattern - the butterfly pattern completes at the same area at Point D.What I also like about this setup is the confluence it has as shown in the Red Circle. Most people will be caution to sell here thinking that a previous high or...

TradeWithWayneYia Updated 

Bullish Bat Pattern on the H4 approaching. Entry: 1.1051 SL: 1.10120 TP: 1.1103 Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame Analysis , Candlestick Analysis to name a few. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.

TradeWithWayneYia Updated 

Higher Time Frame - Downtrend. Daily Uptrend Channel broken. Bearish Bat Setup and trading with the overall trend, good risk to reward ratio. Entry: 1.7942 SL: 1.8019 TP1: 1.7792 Extended TP to 1.7691 if TP1 cleared. Do like and share this post. I use a combination of trading strategies such as Supply & Demand ( SND ), Harmonics Patterns, Multiple Time Frame...

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I have identified the areas of buy and sell. Price moves from supply to demand and demand to supply, price is now in the middle of the two areas and forms an Ascending Triangle. Riding with the uptrend that was just established, I am in favor to long this pair all the way up to the Sell Area 109.13-109.40. For those who are more aggressive, you can flip your...

TradeWithWayneYia Updated 

Hi all, sorry that I haven been inactive in posting my trades for awhile. Was settling in my new job position and actively trading the cryptocurrency market using the firm's funds. Since it is a 24/7 market unlike Forex, it is really taking up a lot of my time. Like to take this opportunity to apologize to my followers and other members of the TradingView...

TradeWithWayneYia

This short segment is on candlestick and multiple time frame analysis. As a trader or trader wannabe, this is an important lesson that goes a long way. Trust me, it may sound simple but it actually took me a long time to grasp the full concept and then apply it in my trading. This is BTC on the weekly time frame, if you are scalping the market or even just day...

TradeWithWayneYia

Tron reached big time frame demand level and looks like a reversal is underway. I am bullish Tron in the long run, however found this quick short based on Bearish Bat pattern. Take note this trade is counter-trend, with BTC breaking new highs every other day, at least a slight correction on the bitcoin is highly likely to give TRXBTC that upward move. Proceed...

TradeWithWayneYia

After taking out a few levels of Supply between 5200-5700, Bitcoin price came to a haul at around the 5800 region and started to consolidate. On larger timeframe it does look like a bull flag, if it does plays out, I see price going higher to challenge the next quality Supply level at 6000+ which the round number also stands for a mental barrier for buyers. On...

TradeWithWayneYia Updated 

Bullish Gartley just completed. To buy now or limit orders on any small time frame buy levels inside the rectangle box. Duration: Intraday trade or hold swing. Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.

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Re-entry for Tron Spot and price is approaching Bat completion and High Time Frame Demand Zone. Entry: 621 - 626

TradeWithWayneYia Updated 

Here's a quick trade on this pair. To buy after price crosses the Bullish Bat PRZ and then wait for reversal signal - candle formation and also check RSI (I want to see oversold at least) This trade setup offers good risk to reward. Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.

TradeWithWayneYia Updated 

Found this potential Long setup - Falling wedge developing now and slightly lower is my Daily Bullish Bat Pattern coupled with my Demand Zone . Wait for price to show, if it breaks out from the wedge , looking to buy the pull back since RSI already showing oversold and divergence. If price goes lower, look to buy after bat completion at PRZ and near 61.8...