Double-Edge-Trader

Double-Edge-Trader Jan 10, 2021

EU has printed some bearish signals on the Weekly timeframe. These signals are in a Major Supply Zone so this is a long term trade opportunity

Double-Edge-Trader Jan 10, 2021

We are at a very interesting level for GJ. Here is an idea I have put together offering a decent RR

Double-Edge-Trader Jan 2, 2021

Ethereum has raced to a previous Weekly Supply Zone. The Zone is not fresh, however it is a very strong zone so we may get a sell off

Double-Edge-Trader Dec 26, 2020

Since crossing 20k, Bitcoin has entered fresh territory, leaving no Price Action or Sell Zones to the left that we can work with. Zooming out to the Monthly Time frame and putting a Fib on, may give us a clue where Bitcoin is trying to reach. The 1.618 is a common target zone and looks like we may currently be in Wave 3 of the Elliot 5 Wave Principle. Im still...

Double-Edge-Trader Dec 24, 2020

In 2017 Bitcoin had a huge rally and a drastic dump followed. I have tried shorting BTC recently and been caught out a couple of times during this bull run. However, there does appear to be a clear Head and Shoulder pattern forming on the 4 hour time frame which may push price down to re-test the previous highs made in 2017. Im assuming many will take profits off...

Double-Edge-Trader Dec 23, 2020

We've had the drop back into demand, strong supply has been removed paving the way for a push higher. 2021 will probably see some of the major Alts, such as XRP, returning to previous highs

Double-Edge-Trader Dec 18, 2020

Here are some key areas i'm waiting for price reaction. The real bears seem to waiting further up. Let's see what 2021 does for Gold

Double-Edge-Trader Dec 18, 2020

Here are a few ideas I have for Cable. Various set ups with good RR

Double-Edge-Trader Dec 18, 2020

I have highlighted several confluences for taking this trade. Price has created a double bottom so may blast straight through! however the RR is good enough to warrant the risk

Double-Edge-Trader Dec 13, 2020

Price has raced to a key level. We may push higher with the current bullish momentum. However, this set up offers a good RR worth attempting.

Double-Edge-Trader Dec 13, 2020

A decent opportunity for a Cable rise has presented itself. With Brexit volatility this could happen very quickly. The stop loss is tight for the scenario so may go lower and provide another re-entry opportunity

Double-Edge-Trader Nov 25, 2020

Approaching Yearly highs made in January. We may get a possible sell off / retracement. Expecting several Kiwi pairs to weaken

Double-Edge-Trader Nov 25, 2020

Not something I usually trade but just want to see how this analysis plays out. we are approaching some key supply so could get a significant pullback

Double-Edge-Trader Nov 25, 2020

We may see a drop from this zone today. Expecting some Dollar strength to take cable down

Double-Edge-Trader Updated  Nov 24, 2020

We have had some strong selling moves this weekend which could mean a potential Reversal or at least some significant Profit taking. The fib levels do retrace to an approximate 10% gain to the short side. The SL is very aggressive and maybe taken out over night (standard BTC manipulation) Therefore I have left my stop open and not overly leveraged so not too...

Double-Edge-Trader Nov 24, 2020

Price has reached a zone where it accumulated for several days before shooting higher. We may range for a while or just rocket up. There is a trendline which needs to be broken before price can go higher. Decent RR

Double-Edge-Trader Nov 22, 2020

I had my eyes on this set up towards the end of last week. Not sure how market will behave Sunday eve/Monday morning but the good RR makes the trade worth taking

Double-Edge-Trader Nov 19, 2020

GJ broke out from days of consolidation. If the drop was not a 'Fake out' we may see a 100 pip drop to the zone below. I will monitor price action on the smaller Time frames to increase the RR