This trade opportunity comes with substantial risk, so it's crucial to implement effective risk management strategies. However, for those who thrive on risk and seek potentially rewarding trades, this FOMC event could be the thrilling chance you've been waiting for. Syncing with Bitcoin: Riding the Upside Wave - As Bitcoin continues its upward trajectory, we're...
Trade idea: We have a resistance level sitting at 23.2 on the XAGUSD pair that should turn into a breakout level once it is broken. This is my trade plan: - Short consolidation on LTF at around 23.2 - Break of 23.2 is my entry level - Target 1 @ 23.6 - Potential Target 2 @ 23.9 if we see a clean break of 23.2 and a fast move to T1 - Stoploss @ 23.05 -...
USD/JPY has been on a consistent upward trend for several months now, showing no signs of slowing down. In October 2022, we witnessed the pair go through a significant upward surge, gaining more than 5% in just over two weeks. Such a rapid increase is noteworthy in the currency market. However, this bullish momentum was abruptly halted due to the intervention of...
Hello Traders! Let me quickly explain my game plan for this potential Bitcoin Short scenario. I covered the idea already on my yesterday's stream, so if you want to get the most of this game plan, make sure you check out my stream. Here is my game plan: - Slow price breakdown to 28500 area - Consolidation just above area, not much price movement to the...
Roll out the treasure map, traders! 🗺️ Get set for an epic adventure as we unleash the magic of our market scan, uncovering hidden treasures in crypto, currencies, precious metals, and stock indices. 💰 Hold onto your hats as our expert team navigates the uncharted waters of financial markets, deciphering chart patterns, analyzing technical indicators, and...
Hi Traders Before continuing reading, please check out my first Bitcoin short idea. This scenario builds on that idea. Bitcoin has been consolidating high for the past week, yet markets are filled with bearish news. After our first rejection of the 28500 resistance area, Bitcoin looks set to move lower. If you missed the entry on 28500, here is my game plan to...
Good evening Traders, We had a wild week in legacy markets but also in crypto. With Bitcoin setting new highs, Gold above 2000 USD/oz, we seem to have a steep bullish sentiment of "store of value" assets. This move on both assets is an opportunity, what you need is a plan, a plan that helps you profit. Here is my Game Plan: - Bitcoin needs to push into box...
Good morning fellow traders With recent bank failures, precious metals have a strong backing in demand, therefore looking for a long swing position makes more than just sense. As Gold is pushing for its 3rd weekly advance, silver has been consolidating firmly around 22 USD. We saw some rejections, one happening yesterday with the rate hikes being priced in by...
Hi Traders As we have been seeing very volatile markets in the past week, trading any direction currently is not easy. It is now, more important than ever, to stick to your strategy and do not let yourself be distracted from potential gains you are missing out on. The worst thing you can do to your portfolio is FOMO. Stay cool-headed and trade the obvious....
Good morning everyone Grab yourself a cup of coffee and enjoy this quick scan on Bitcoin! Bitcoin has been consolidating overnight, shedding a lot of volatility, and opening up a window of opportunity for a Long and Short scenario on the coin. Make sure to check the video out so that you don't miss a potential entry on Bitcoin! Also, please leave a comment...
Good evening fellow ones We have been having an interesting start to the week, with precious metals and crypto pumping to new higher highs. In this quick scan, I will be talking about the current market shape and what my thoughts are on market development in the coming days or weeks. We will be covering the following assets: - Gold with an analysis - SP500...
Good morning fellow traders, With Silvergate and the Silicon Valley Bank collapsing last week, the new week will likely bring a lot of FUD and scare-mongering in the markets, fulling further macroeconomic uncertainties. As asset classes have all been trading lower in the past year, inflation is increasing to new all-time highs, and war waging in Ukraine, retail...
Hi Traders! With a lot of bad news in the market covering crypto-affiliated banks going underwater, I think it makes a lot of sense to look at potential shorting scenarios for Bitcoin. Please note: In my weekend analysis post from yesterday, I was laying out a potential long scenario for Bitcoin as we are still range bound between 20k and 25k. Seeing how the...
Hi Guys This is a quick market scan on the weekend mapping out potential scenarios in which the markets could be moving. In this video we will be looking at the following pairs: - Bitcoin / USD - Ethereum / USD - BNB / USD - Matic / USD Please make sure to leave me a like, comment, and follow if you liked the analysis or thought that this is helpful for...
Hi Traders! As Bitcoin has been trending lower and all my short profits have been locked in on the coin, I have decided to look for a long entry. Be careful with this trade, we are currently trading in the same direction as the legacy markets, we could see a further downside if stocks crash. Here is my game plan for a potential entry: - Bitcoin needs to...
Good morning fellow Traders! I have been tracking the YENUSD pair with great interest in recent weeks as we have been rebounding from its local low. The pair has a beautiful long-term trend on the higher timeframes, setting the direction I have been looking to trade. We are currently sitting in a sweet spot, the price has been consolidating around 130-137,...
Hi all Gold did see some movement since the beginning of 2023, yet in the past days, Gold has been selling off very strongly. Price has retreated into that crucial range of 1825- 1800. This support area needs to hold, if we break 1800, we could see the shiny metal slide all the way down to 1720 or even further. Prices in precious metals have been seeing an...
Hi all BNB has been rather flat the past weeks and months not really changing and we have seen a lot of volatility in other coins. Now with markets trading sharply lower, catching a BNB short, could be a good chance to catch a wave of volatility this coin has not seen in a long time. Enough of the talking, before we break the range. Here is my game plan: -...