Even-though bitcoin is looking very bearish, do not fomo into a short! there is alot of news that can impact the markets!
The markets are starting to break down post FOMC since powell is still hawkish. Tomorrow will be interesting to see if they do decide to bring it up on continue to dump. Im prepared to take a short if the sell off resumes.
Hello and welcome! Bitcoin is trading right below our massive resistance of 0.618 at 30,000- I think we will see a test of this level once again for a potential short entry or we could continue to fall.
The market is expecting CPI to come down to 5.2%- why is it soo low? its because the market has priced in that number already. This could be a disaster if CPI comes in high.
Keep an eye on the DXY guys! We are approaching some heavy support on the DXY and if we manage to break below- the SPY will see a massive pump to 450.
Spy is range bond trading between 400 and 395; its a pretty big range so do not hesitate to trade this!
I hope you guys manage to get the short over 400 based on my past analysis. Comment below if you have any questions.
The market is preparing itself to give us another trade- patience is the key!
Be prepared for some crazy volatility going into FOMC. Majority of the market is expecting a pivot but who knows!
The market has gotten rejected off top resistant at 405 and is back at support. This is not a area to trade now! Best to wait and see for the market direction. We could still bounce and go up to 430. or Dump down to 380s.
THe market is approaching another powerful support from 395 to 392 is a area for the bulls to hold!
Hello All! Expect some crazy volatility this week due to all the economic data thats coming out. Currently i'm only playing scalps on movements that i see. I do expect the market to go down further going into the next coming months but it will take some time- so dont over trade and end up blowing your account.
In this video; I discuss the similarities before the FEDS FUNDS rate and SPY. Watch to find out!
The market is about to make a massive turn! if we sell off; it will not be pretty. At the same time you have to be careful since this could be a bear trap; wait for the DOJ to release their regulations before trading!
The CPI data will be released tomorrow at market open. The forecast is 6.5% compared to 7.1% previously. Lets see what happens !
The market has finally seen that leg down for which we were hoping for. We shorted 405 with avg of 406.5 and Ive been taking profits as we make lower lows. We should see some further upside to maybe 386-388 which is the next area to short.
The market is finally breaking down! We had another short entry at 405 which is discussed in my last video; if you aren’t already in a short- its best to wait for a entry. The market WILL go to 360s however your entry needs to be on point otherwise you will take a loss on any small move up on the way down!
One of the most volatile days in the markets! The market is now showing its true colors, expect the seller pressure to increase in the coming weeks as we approach new years.