Still good for another short, on this sideway 'no demand' correction. Fundamental insight: Still on the same lanscape, into another guidance from fomc for moving into tightening policies. Price stall and not continue grinding up can tell that it is more about profit taking other than bull side dip buyer for now. We will take profit when necessary and probably...
The same texture of market still happen, nothing change much. We are still in favor of shorting Indeces.
Spikes up for distributing another short for a new low. Bounce right on VWAP with high volume.
We have UK inflation 20 years record on London session release. And safe heaven currency is weak today. Good momentum for long.
The risk off is continue. USD very strong while indeces drops in previous session. Incoming rate hike.
Good correction, surging 10Y, and strong dollor. Couldn't be better.
Short term BTC short on European session. The 15m down trend looks preety strong. Good opportunity
GBPJPY good shorterm opportunity, big volume pinbar rejection on VWAP and MA support. Target could be lower and closed manually as it is US holiday. Expect a dull market.
Pretty good R:R and setup for European opening. Meanwhile, we also have UZAR buy for longer term.
Drop after Hongkong Open, little correction, almost hit VWAP, and going back to the south.
Nice setup for Asia session trade. Trending up above MA and bounce on VWAP
Good R:R --> 4.92 Risk reward is holy grail in trading. Get better R:R.. get better result. Stay green and safe!
Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy...
My Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading!
Hi crypto traders, I use VWAP for my entries and gauge the market sentiment. When price is way above the vwap line, it means many people are sitting in a lot of profit which has negative effect to the price, since traders are tend to sell. When price tests the VWAP, it is a good price for entries. CHZ looks bullish overall and NOW is the moment to enter ! Stay safe!
VWAP is an indicator measuring price and volume compared to the moving average measuring price only. I take a major low or the beginning of the trend and i plug the VWAP. I also go to the previous swing high and do the same. Usually it creates a space between the 2 VWAP lines which is considered a non trading area and I wait for price to break either direction ,...
Hi crypto traders! 34 is a Fibonacci number that not many people use for retracements. It is mostly used for the moving averages. But here we are, not following the herd like many newbies do! My analysis: On the wave 2, the price retraced at 34% of the wave 1. This time the price retraced to the 23.8%, but this seems to be the wave A of the ABC correction....
Interesting place for the BTC sell off to slow down. Looking like this could be a temporary pause in the action or a reversal back up to the 54K range. Break this level and look for some more price action to the downside.