In low time frame, bitcoin looks weakened... Power of 3 has been worked out and Resistance level is tested several times. Under normal circumstances we would be pushed downwards But if DXY dumps early, we could be surprised with an upward movement Patience
Whole market is quiet... There are only a few top players who have confidence atm... Crypto let DXY go... I think we'll stay in the range as we'll be testing the top for the first time... Waiting for a support or upward movement of BTC... A quick escape out of the range is possible in short time... Only clean trades... No trade is also a winning trade...
DXY started strong today, leaving the rest of the markets weak... Added a second scenario, as DXY moved above January open... I'm flat now... Waiting for a clean shot when it becomes more clear what the BIAS is going to be tomorrow... - No trade is also a winning trade -
DXY is moving like expected... But isn't tranquilo and showing strenght... I don't like the volatility... If it stay calm from here, we will get some air for the market and make clean #trades... The supply zone should be the zone to reverse...
BTC update... Bitcoin hit Fibonacci 0,5 perfectly... No clean trade signals yet, but we are almost there... While everyone thinks were going to 25k, manipulation can take place with an early pullback... Trading plan is ready, waiting for these setups🐨
DXY expectation in and after FOMC meeting... I expect we deviate the lows first before move towards the supply zone... Be alert... When it goes to supply zone first, short it down towards liquidity zone...
My BIAS also has changed on BTC. Bitcoin is weak, parallel with DXY who is broken out, heading towards supply zone. Reverse my setups after new target is hit. Looking for a "clean" short setup... The FOMC meeting will disrupt the market again. Will increase my positions after volatility clears up. Be alert!
BIAS changed. The market is weak and DXY is broken out, heading towards supply zone. Reversed my setups... The FOMC meeting will disrupt the market again. Will increase positions after volatility clears up. Stay safe...
Focus more on #trading psychology than TA... The expectations of all PA plans you see on Social Media are so high with multiple traders, that our trading mind will be played away as we approach the target everyone is waiting for... 25k... This is the manipulation game what I expect... The correction will be unexpected and fast, when everyone thinks we're going...
As we approach the upcoming FOMC meeting, where we can expect smaller rate hikes as inflation begins to slow, the gap in the liquidity zone could be filled right after. Enjoy the bullish trend atm. But remember, there comes a time of manipulation... Be alert
Bitcoin is still playing around at the liquidity zone... Patiently waiting for 1 of these scenarios... This is consistent with DXY, which is still roaming the range...Expecting to see a clean BIAS today...
US Dollar index still didn't retest the HTF breakout and still in the descending wedge range... As long as we stay in this range, there will be no major movements in the market... Scalp trades only, untill it breaks... #forex #CFD #Crypto