Continuation trade. Late on a few signals but all continuation indicators are showing a continuation.
All signals on chart. Will manage trade from here.
Signals on chart. reduced position as SL was inline with previous rejection. Plus this is a USD pair so trade reduced size.
Took EMA early signal. 2nd signal is now present for potential continuation. Will wait for Sunday open and Monday price action.
This is my one down trade for this week. Counter trend trade. Still in trade and will continue if today rejection closes and holds up.
Entry 2 days ago on continuation signals.
This is another trade entered few days ago. Adding it here so I can update. This trade was a continuation signal. Moved SL to just above this weeks Open (in profit).
Primary entry signal was a sign of exhaustion. VZO: cross 0, looks to trend up RSI EMA: flat and uptrend Key Distances: 20EMA about to cross 0 line Might be looking to double bottom on recent rejection range around 6 FEB. Negatives: Below weekly open so is counter trend. Just crossed below monthly open with heavy upside rejection (candle hasn't closed)
Expected continuation of long range bar also key early signals fired.
SL: 2838 pips from entry based on ATR calc. Just below previous month close. Last week open. TSI: merging about to cross RSI EMA: Crossed both 3-4 days ago VZO: riding the zero line in uptrend with a retrace ASH: Bull Cross with 3 blue bars EMA: 200W: found support 2 weeks ago 200D & 20W converging (target?) Weekly chart: 5 cross 10 TSI cross AK_TREND:...
Okay... this is mainly for those in group to provide feedback if my voice is to annoying to do videos you might find valuable. I have some time in the next few days and wanted to knock out 5-7 minute videos but before I do that wanted to make sure my voice isn't going to detract from the content. So honest feedback.
Short term it appears ETH might have bottomed. A few things aligned: - Visible VPS area key support area with rejection - 50% of sub VC channel rejection - 75% sub channel break with confirmation on 15MIN (and soon to be 1HR?) If uptrend continues key areas to watch (expect slowdowns and range in this area for bullish momentum to continue). 237-240 312-315 390...
Title kind of says it. See chart.
As I look at a larger timeframe I can't help but still see strength in a bull move for BTC. Keep in mind I always start from the perspective that an asset has to prove to me it's not going down. What I see in BTC on the weekly timeframe is still strength for a bullish trend - although I'll admit for BTC is weaker than typical. But all that will take is a few...
Pretty clear BLZ respected bottom of value channel as well as looks to have strong upside. Placed trailing SL below middle of daily VC.
Okay, yeah a little bit of excitement there in the headline. In this update I discuss the recent move past 9K by BTC. I also share the potential resistance points: 9,400-9,600 I'm more looking at 9,800 though. I think as BTC approaches 10K there will be quite a few decisions on profit taking happen. I also discuss retracement potential. For instance, what if we...
In this video I share my weekly update on BTC/USD. I'm still bullish and looking for either more tests of 9K or a break (not solid but a few closes above). If it does get to that range then clear rejection of any down movement would be positive as well. This move from 9K-10K could be a 5-10 price action move. A slow rise to me though does show strength and more...