The_ForexX_Mindset

Short position double top confirmed

Short
COINBASE:BTCUSD   Bitcoin
Short position double top has now been confirmed. Targets read at 1.5% and 2% risk reward ratio. BTC should start moving up once it reaches any of this two prices.

Pi Cycles read as low as 59K , no lower than $56k. I doubt it will reach this pi cycles because it’s a double top 30 minute time frame.

Unlikely to avoid this dip. Welcome to your first FOREX PATTERN confirmed by a double top.

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Look out for a BULL TRAP
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1D candle did not close beneath the body of the previous candle. This means we will not have a major crash, just a short position dip at 1.5 or 2 percent downtrend. Now this would be your confirmation knowing on when to enter after it dips.

Do not get fooled by any BULL TRAPS.
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Double tops don’t lie and my 4 hr TF still shows the Banks and financial institutions dumping. Signal dump still there
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Can it be a fake out? There’s one way to find out. Let’s wait and see but we must get this straight, long top wicks means downtrend
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Men lie women lie but charts don’t lie.
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Double top so far at rejection process not fully known yet. 4hr TF still shows dump in process.
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1hr TF no longer show the bigger traders which move the price. I consider this a RED FLAG and smart money data shows way more on sells than buys. This means any little pump that’s happening it isn’t authentic. Reads like the whales may be planning a plot to dip.
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The FOREX PATTERN will soon go LIVE.

I have many confirmations we are going to have a huge BULL RALLY, we need this dip first.

Patience
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Retail traders are pushing up the price, whales not involved.
As retail pushes up the price, I see whales sell in small increment's. Does this sound right. NO, smells ugly.
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We will be experiencing weird BULL and BEAR TRAPS, at least until the 2MO TF BEAR ATTACK ends. This is exactly what happens over and over. BTC is in chaos confusion not knowing where it wants to go.

A while back I made an idea of a 1WK HANGING MAN, this brought BTC down from about 73K to around $57k where the pi cycles threshold met.

2WK TF now has formed a BEARISH ENGULFING. How bad can this get.

BUT RELAX, somewhere we have a major booming explosion before the 2 WK BE.
This is exactly what the 2MO TF which closed with a huge BEAR does, it creates disaster TIME FRAMES but PI CYCLES in which is my super hero will give us a peace of mind to know how dip the trend will fall.
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Compare KAGI double top which was reached by using ATR. Although this short position idea is still valid. In comparison, if I’m correct kagi will take much longer to calculate while volume candlesticks calculate faster, at the end of the day volume will meet up with kagi; HOORAY:)

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As short position is in process with faster movement candles than kagi. Kagi as of now still reads same location. Means from Kagi idea it’s correct. Shows movement to the upside because double top target was reached. Please read kagi long position idea comment.
Meantime short position is in the process to hit targets.
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Smart money will intentionally create patterns for us to find then they are set as traps to trap retail traders. For this reason, this double tops I found with Kagi and candlesticks does not detect itself to be a double top but really is a double top and has worked as a pattern. If some traders who entered the market recently have now found themselves trapped because of many bullish patterns I’ve found but yet declined:
It’s not an opinion it’s a fact. Many may have different opinions on it and I do respect that: I’m only relating it to smart money movements.
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Let me ask a question: we and banks have the same mindset in getting rich yet they can for being a large institution and we don’t because there’s so much money we can trade with but they have billions to trade with. We can get there but will take a while therefore I strive for perfection.

My money is in my bank and it’s funny to think the same bank is using my money against me: lol.

They use my money to manipulate me because after all, money moves up and down the prices.

I’m sure most of you know, they use customers money to lend money and collect interest on it without giving us a pay cut.
If we all belonged to such bank and if all those customers took their money out, it would not happen because most of the money is tied in loans, trading, etc.

Just wanted to share of what’s really out there.
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Ok I didn’t realize it but first target at 1.5 risk reward ratio just got reached $61,141
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This is where BTC moves up or still has to reach target at 2% $60,497
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Seems smart money may stay with a 1.5 risk-reward ratio then comes the up move
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please see the example of smart money traps.

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I’m now think it’s SHOWTIME.
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Hidden patterns

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More hidden patterns

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Be ready in case there’s a BULL TRAP
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I have a whale selling and buying signal which is included in my algorithm. As long as I can detect smart money placing their sells. I don’t mind sharing.
Restrictions apply:
1. As long as I’m available to see and mention
2. When I do mention, it’s never considered advice to sell or buy. Do your own research to confirm.
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So far smart money has been using the 15min TF about 90%. 30min TF has been used about 10%.

Can’t say much on the 30min but on the 15mim now reads they will be retesting and no selling signal yet.
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I found a hidden double bottom and target complete at 1.5% risk reward ratio. Comes with a slight dip.
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I’m constantly searching for bait traps.
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Nothing big but found a double bottom and reads to reach at 2% $62,852. It’s not the end:
Also retest has been removed, shows increased volume
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This idea now reached 2%
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2% meaning dip should end at $60,497.18. Let’s see how it plays out
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As I’m back testing, soon I’ll receive data once dump is over and smart money is buying real orders.

Bear with me it’s new to me. So regardless if this idea
shows entry yet my smart money technological fórmula says NO ENTRY.
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Momentum to the upside has started to go positive.
That’s because of BULLISH ENGULFING but trend still aims downwards.

I conclude smart money might be spoofing by adding buys which are not seen with me. If so it makes sense why price is moving up and that’s because they have not executed them but those orders may get canceled then comes another downtrend.
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If trend reaches $61k then a hidden double bottom will be confirmed but not good to enter the trade unless smart money has genuine purchase orders and I must also receive a buy signal within their movements.
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Once I have time today I will share smart money trend line breaks from start to end. So all will see manipulation.
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I have a trend line and pin points their buying spot and has broken the trend wedge but we still need to see other factors I’ve mentioned before.
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Next trade I’ll no longer say how high, I’ll point out when ready then will mention execution when it’s time to sell because it’s important to follow whale movements just like yesterday when I got the sell signal.
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Still no entry yet. There’s smart money buys which can be bids yet not executed. We don’t know if it’s just to pump the price then they cancel the bids to dip the price because I still don’t have no real genuine buys confirmation
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Feels tempting to enter but no buying entry yet.
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I now have some real genuine buys from smart money but on a lower time frame in which I’m still not comfortable. Best entry is seen on a 15min time frame and no buys yet. I’m waiting for that signal entry and buying confirmation
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1.MY smart money MAs have been below the candlesticks, means buying confirmation: check

2. Candlesticks above the smart money trend-line: check

3. Waiting for smart money real entry’s:

4. Waiting for whale buying signal:

If I don’t follow my new added algorithm then I might as well quit trading.

Despite all this, I’m going for a software which will allow me to see the bigger players and know what their doing based on spoofing trading.
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Soon, mates, I’m scalping and waiting for the right signal. May not be tonight. I’ll notify once it’s ready.
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We will have another BULL RUN but not until it’s been confirmed, it’s pending and has not printed yet.
This BULL RUN will be a trap.
Bull run may last for a moment, day, or days.

When I say it’s entry time. Please be diligent, do not enter because I’ve confirmed it. Do your research.
Do not follow my advice as financial advice.
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Still, I have not been alerted for entry. I’ve also customized an alarm to alert me once smart money enters the trade.

Let me know if this is still something you’d like to be alerted once it ready otherwise I’ll stop this constant updates.
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I’ve now been confirmed entry. Please remember it’s a risk trading. Please do your own research and do not take this entry and guidance to enter the trade. It’s up to you.
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2 things to consider here:

1. BULL IS GAINING POWER
2. ALWAYS EXPECT A BULL TRAP at least until the 2MO TF ends.

Can the BULL keep moving even after I receive sell signal. Yes it can, but I won’t risk it.
2MO TF has taken control. This means it’s a signal for smart money to manipulate retail traders.

Meanwhile I’ll be focusing on simple short price trading. I would prefer not to paint a wide picture by misleading many to believe BTC will hit over $80k within the 2MO TF.
Above $70k is very questionable
Comment:
Trade closed: target reached:
This other target also reached
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