So the corrective move I illustrated last week is still fairly in play. Now I can imagine these 2 PA to happen next, and as I mentioned I'll be waiting for a considerably nice reaction from my AOV to get into a long setup while having in mind that as we get closer to the merge, the news outcoming from the event will exaggerate any move in the charts.
In my...
I can imagine this as a possible PA for Ethereum in the coming weeks, but since the merge is going to happen, the outcome will probably affect its perception of value strongly. I will try to trade my idea cautiously on both ways while waiting for the long around my AOV as the main position.
Did take the first profit on the short I published on May 26. I moved my stop loss a bit and adjusted the Harmonic pattern to a Daily Chart to have a clearer view. Frankly, I am skeptical of hitting the 357 ish target, But I want to stick to this TA as much as possible. Will partially take profit along the way. the ECB on Thursday is what I'm looking forward to.
Been watching the EURHUF for several months now. as the political/economic situation in the eastern part of Europe gets more and more complicated, could picture this Bullish Harmonic pattern forming against the Hungarian Forint. I know shorting the incomplete harmonic is not recommended, but I believe with a managed risk, you can trade any Idea.
Of course, in...
It's been roughly a bear market for a while now, and where will be the bottom is a hot topic these days. In my opinion, BTC has still room to drop until the real capitulation happens; therefore I can imagine a classic 80% Drop from its all-time high which is arguably in confluence with some powerful levels, including two long time frame Fib levels.
Of course, in...
