cryptdee

cryptdee

Trend - Uptrend On the 1HR, Buy to point of interest circled in yellow where price would be seeking to rebalance. About 100 pips If price breaks below the structure, exit

cryptdee Updated 

Most Altcoins follow BTC. When it rallies, they rally. When it crashes, they follow suit. Even when they have great use cases. I don't know why. Perhaps we're all still apprehensive of crypto even though we seem to trade and hoard it. No one really understood or trusted the internet when it launched, or cards or eCommerce or even AI - However, they've all proven...

cryptdee Updated 

Most Altcoins follow BTC. When it rallies, they rally. When it crashes, they follow suit. Even when they have great use cases. I don't know why. Perhaps we're all still apprehensive of crypto even though we seem to trade and hoard it. No one really understood or trusted the internet when it launched, or cards or eCommerce or even AI - However, they've all...

cryptdee

Price action will be looking to rebalance the sudden institutional bearish move - which we like to see so we can follow the rebalance. Rebalance at the 61.8% FIB which is a common retracement point

cryptdee

Gold has been bearish the past 3 weeks so we’re looking to short

cryptdee Updated 

The fall was crazy! Anyway, Gold could go to 1722 or below or it could break into the yellow zone and above it to the target which is the - order block circled in yellow around the 1754-1755 price point. - The order block confluences with the 61.8% Fibonnaci point Tread carefully as there's USD news all week which could hammer Gold or hammer USD itself! who...

cryptdee

Crazy institutional sell today! Anyway, institutional moves leave areas of imbalance which we are targeting for our Take Profits (TP) Trade with caution and set your own stop loss according to your acc size. My trades are med - long holds

cryptdee Updated 

The Chart is self explanatory. I like institutional moves because they are an opportunity to correct for major pips I am looking for price to go to the 50% retracement of the sell candle and also to the POI circled in yellow for a rebalance. Manage your risk according to your account. Nothing is guaranteed

cryptdee Updated 

Every institutional moves seeks to rebalance. EN has been in an uptrend so we’re looking to buy the dip in this case and minimise losses if it goes against us. It could either go up from here with corrections or sell first before rallying Bounce points for buys, sells, Take profits are the purple lines.

cryptdee Updated 

Here we have a Head and Shoulders pattern which is usually used to identify reversals or change in trend. As this is a small timeframe, I will consider the break of the neckline a reversal rather than a change in the overall trend. To determine an uptrend, there should be at least 2 Higher highs and 2 lower Lows. For a down trend, you need at least 2 Lower...

cryptdee Updated 

Everyone seems to be dumping gold for USD since interest rates are up. In any case, we're trying to catch some crumbs thrown at us by institutions so here is my anticipated play. Waiting for price to hit 1786 so we can enter a buy. Why? Confluence I have circled the wick which was a major demand zone where buyers got in at 1786 In the rectangle you can...

cryptdee Updated 

Quick 20-70 pip buy Idea. I am targeting the order blocks circled in yellow and 50% of the Institutional sell candle

cryptdee

Swing Trade OK, I've never traded the 1 month chart or held a trade for longer than 2 months but this looks like it may be fun with minimal risk. Could be one of those trades you catch at the top for a small lot size and just let it run for months or a year, who knows? In any case, UJ has reached 136.90 which is 20 years later!! (You must always look left to...

cryptdee Updated 

Reasons for shorting gold Gold is in a downtrend on the 4H.Depicted by Lower Highs and Lower Lows. As you can see, I have placed the trend in a channel where it bounces off the top and bottom black lines. In a downtrend, you should be looking for shorting opportunities 1808 is the Take profit target which when you look to your left, was hit before so price...

cryptdee Updated 

My last Gold trade played out near perfectly. If you follow my trades you know I am usually on the hunt for order blocks which is liquidity / an imbalance left behind by institutions when they’ve made a significant move. It’s usually a point of interest for them to go back to rebalance. These can be used as your points of entry or exit in a trade. I usually...

cryptdee Updated 

GBPJPY is in an uptrend so logically makes sense to buy. However, price seems to be heading to a key liquidity zone which will potentially see lots of sellers Option 1 sell - Will wait for the 4H candle to close. If it closes below structure, we can look to enter a sell. if it closes above structure, we'll wait for a retest and enter a small buy heading to the...

cryptdee Updated 

Was expecting Gold to be bearish with FED interest rate hike of 75 basis points. There was an institutional move up to the 71.8% fib of the earlier institutional sell. The move up yesterday left several areas of imbalance where I think price would like to return to. These have been identified in the chart through Fibs, 50% of institutional candles and an order...

cryptdee

Downtrend Swing high into buy to sell candle circled in yellow Short