The last buy opportunity happened when Bitcoin was trading around $90,000. We know the sideways range and this range was pierced on the lower end. At this point, we entered the market with force, why? Because it is wise to enter when prices are low or near support. Now the market tested resistance, the higher range. As soon as this happens, I have people messaging me from all across asking me to post longs and new trades. These people are anxious and desperate and this can turn into a big mistake. This is not the time. Sell at resistance; buy at support. The incoming drop, while short-term, is always a buy opportunity. Remember, "retraces and corrections are an opportunity to buy-in, rebuy and reload." A new buy opportunity is now in the making. We know this game. We've been hear before. If you want to buy Cardano, Solana and XRP, by all means, go ahead. But this has nothing to do with me, my followers and the charts and numbers that I share. There is a reason why I am on this side, doing this work. Through pain, sweat and stress, through countless mistakes and loss, my lesson is learned. The more insisting and anxious people become, the more detached and relaxed that I get. When people starts to tell me, "where are the trades?" That's when I told them to wait. I understand that not everybody has the required experience. I truly understand because I was in the same position just a few years, or maybe a few months, ago. Whenever the market is at the top, we get some compulsion to buy and go LONG. While the market does not crash, we think as follows, "If it is going up, why not increase leverage a hundred-fold?" Sure enough, this always ends in disaster. After a large portion of the market goes through the same reasoning and loads up on 10, 15 and 20X, the market is ready and produces a long-squeeze or simple a crash, next. I am here as a guide. I've been through the rollercoaster ride, so I wait. When the crash is done. When the new low is in. That's when I share my trades. Just wait for my timing... If you are so certain, then just go ahead. We cannot take action based on things we don't know. We cannot trade based on assumptions. We can only plan and take action based on what is happening now. The rest is conjecture and a sure recipe to get things wrong. All I am saying is this: If you are reading this now, you have great timing, you can accumulate long-term. If you are focusing on the short-term side, tone down the greed, or wait for the right timing, but never impose your assumptions on the market, the market will do whatever it wants and it tends to surprise the majority at every turn. Whenever you feel certain you know exactly what is going to happen, how and when, that's when the market goes the other way. What will you do? I cannot and will never make decisions for you. You can make your own decisions, I can only share my experience in this way. Develop a plan. Consider both scenarios. Take action and let the market take care of the rest. Thanks a lot for your continued support. Relax! ... We are going up! Namaste.
At KL and in FVG. Can retrace back to close the opening gap.
Similar technique used from previous post. I used simple strat: price action, support and resistance, divergence..
RAY 4H . Market Order Allowed TP SL On Your Own . 7.07
We got a great drop as expected as the selling pressure showed us during friday it had a minor choch and already took out buyside liquidity.. we are 3/4 to the final target.. Now the next important step is to manage your profits. This is where I would move my stop loss and or take 80% in partials leaving the remaining to run the course. Never let profits turn into a loss. GReat trade to start out the week
BNB 4H . Market Order Allowed TP SL On Your Own . 667
The market is currently testing the current WEEKLY 0.5 & 0.618 Fib area. Based on DAILY & 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal. We could see SELLERS coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
BINANCE:BTCUSDT has been consolidating in a trading range for the past two days. As seen on the heat map, the price hunted liquidity below the range, making a strong case for a reversal. Now, BTC could target the liquidity above the trading range, which is spread across two key zones. This setup indicates a bullish opportunity as the market moves toward these liquidity areas. Watch for price action confirmation and manage risk carefully when taking long positions. Stay tuned for updates and trade wisely! ?
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Buy. Enjoy the day all. Cheers. Jim
Hello traders I don't have a lot to say today. Big surprise. I broke two cardinal rules of trading when I entered into my short position. I was mentally anxious about my upcoming spine surgery and I did not do my homework properly. Despite this poorly timed short entry, I reconsidered and kept my stop at 1.0545(give the 1.0534 high some breathing room). So, still in business. The technical indicators tell the story in this post. I believe that this was nothing but a technical correction. Fundamentally, nothing has changed. The ECB is expected to cut and the FOMC expected to hold. Since the FOMC has the first opportunity to present to the markets, watch Chair Powell's press conference, no matter which time zone you are in. Likewise with the ECB 17 hours later. On the home front, Trump has started his "mass deportations" in Chicago and slapped tariffs on Colombia. Stock up on your coffee beans folks. Oil is a two trade, crude from Colombia, refined petroleum to Colombia, so I am not sure how that will be affected. Our esteemed oil traders on TV will have the lowdown. This will stoke the inflation fears again which benefits the USD. So, buckle up. It is going to be a wild ride this week. Best of luck.