Been waiting on a nice sell set up on GU and looks like it might be finally happening. Monitoring price action to see if we will end up getting a opportunity for London session.
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Complete analysis on 1D, 1-4 Hours, 30 min, 15 min, and 5 minutes timeframes. Downtrending and heading to reach 48EGP. USD/EGPp is downtrending as well.
Hello everyone, welcome back and happy new year. Hope this video can be helpful for all of those who were wandering what will happen in the future. Yes I talk about BTC in the video, however, the major movement will affect the majority of coins out there. #btc #bitcoin #altcoins
We don't have a complete breakout on the H4 Just yet but its coming. Price has moved very strong to the downside. we will be looking for further positions to continue.
Everything is in place for GU to start moving bearish. At this point we wait for London session and look for all the stars to align.
This is a area I have been stalking for a sell. Looking to see how price reacts here and if we can find a entry for a nice swing position.
This past week I flipped to Bearish on GU. But as we came into Tuesday they decided to pull back on the price. This week I'm and surely going in Bearish. This is a premium set up for a nice swing to the down side.
GU has been building up for this drop all week! Closely monitoring price for London open as we have GBP news just before open and USD news just before NY open. I'm thinking we should get a nice swing move to break the low that was created this week.
GU is finally approaching a zone that I have been waiting to see it react to. The Dollar is very bullish so I'm expecting to get a nice sell opportunity in this area. To see it moving bullish now during Asian range it builds my anticipation for seeing some bearish action for London. Sitting on hands for now.
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Now GU has shown us that it is ready to move bearish. Now looking for a decent pull back for entry on a position. Hoping that we can get for London so a possible nice Sell opp coming for NY session.
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So holding my position riding price down. Stops moved and looking for signs that it will continues just where its at. A lot of news coming up so it will for sure be a eventful week.
This is a moment I've been waiting for. As I have been monitoring GU On the Yearly chart looks like price spent all of 2023 Retracing and 2024 will be a very Bearish year. So we are starting off the year right getting in to move with the trend!
Traders, There are essentially four big reasons explaining this bitcoin pullback. Let's take a look at what caused this pullback and talk about where we go from here.
GU was a bit rotational this week but we still managed to obtain so solid moves. Not bad for a Friday today. Will continue to monitor price for quality set ups next week. Being that we are coming into Mid Jan it looks like the market is ready to shift back to normal.
Now that we have a break of last weeks high I feel that GU is ready to change direction in the trend and flip to bearish. As we finish out Asian range I'm looking for signs that it wants to flip.