Ibenathi

Ibenathi

Today, Bitcoin appears to be consolidating its recent gains, with prices holding relatively steady compared to recent volatility. Market sentiment seems cautiously optimistic, as investors weigh ongoing regulatory developments and macroeconomic factors. Therefore I'm not really certain of a long term at this consolidating stage, just a short term move.

Ibenathi

On the 4H i saw a clean double top confirmed by a correction. Then on the 1H, we had a correction which was ruined by PMI Flash so I had to leave that entry, but after that impulse from PMI, markets makers are still undecisive on direction and they are still manipulating waiting for Business Climate release then we will see some movement. Thank you.

Ibenathi

I decided to try this fibonacci err'body been talkin about, and lets see if it works when i mix with my strategy

Ibenathi

As indicated by the boxes, thoses are consolidation phases and we have just come from a big one and nothing's better when its confirmed by a consolidating retest.

Ibenathi

Looking at the correlation between US30 & GER30, GER30 has confirmed the sell.

Ibenathi

Expecting a very impulsive bearish move to begin my move but let me first explain why I'm making this move to begin with, from the beginning of the month we have had an impulsive phase until today 04 Nov, so from today we can see an ascending consolidation/correction/ranging-market which is a sign of a possible bearish flag of which if it is broken below, we go...

Ibenathi

That recent break out (above) on that bullish flag was the first confirmation, followed by a rising channel where we just formed a third higher low and another flag

Ibenathi

Multiple touches on 4H, looks very promising but this market ain't my friend or yours either hence always use a stoploss

Ibenathi

Basically, sometimes its good to have to forecast more than one possibilities on your chart, it helps with knowing when retail traders were caught on the wrong so you can know in the future when they will be possibly caugt, so here on US30 am expecting some manipulation and then it pushes to the upside or it just immediately pushes to the upside without any manipulation.

Ibenathi

US30 showing signs of bullish pressure for this week with a retest on the ascending channel and i'm expecting entries within the bullish pennant that is forming.

Ibenathi

Waiting for that clear flag, then reduced risk entry

Ibenathi

Breakout on AUDNZD possibly creating another channel

Ibenathi

Do i really need to explain, its crystal clear. We can see a third touch and third touches never disappoints.

Ibenathi

Just like BTCUSD, am expecting a slump phase on XAUUSD

Ibenathi

After a ranging market, there has been a breakout to the lower side and that is a possible confirmation for BTCUSD to go through yet another slump phase.

Ibenathi

There is a possibility of movement to the upside...too many falling channels currently on a rising phase and retest on Fibonacci Retracement

Ibenathi

The larger ascending triangle is the first confirmation of the breakout on a larger flag that is only visible on 1HR going up. The rising channel inside the ascending triangle is the pattern within a pattern which we will use to look for entries and their confirmations.

Ibenathi

Third touch with a double top formation, then a patten followed by a flag and triangle pattern.