Just taken this long trade. 4hour money flow is just turning bullish 4hour vwap has just triggered and the daily is already bullish so this is an easy trade decision for me #marketcipher
Bullish setup for AAVE. Bitcoin dumping more could obviously blow this out of the water but it looks to be a great trade.
Another way to look at Money flow is like a wave made up of multiple moves. Most analyst agree the corona dump was a black swan so if we exclude that price action, we can see prices trended lower until the first money flow higher low. Currently, we have made a low and a lower low and price has not significantly dumped yet. what's the next move...... The money...
Here i've highlighted some of the more serious money flow moves we've had in the past to compare to the current correction. The orange boxes highlight previous money flow moves which reached the same level of depth as the current move. the grey box has been thrown into this analysis as its the most recent bearish money flow move but even though the draw down was...
everyone seems to love fractals these days. What if.......
If this area doesn't hold we could enter a bear market.
When everyone is shouting no it can't happen, it usually does