Long

Looking for a reversal

Mis à jour

Welcome.

Last trade was neutral trade. Where we didn’t make much Money.
A tiny profit was made after closing the trade, and the market was choppy.

Anyways based on cycles (my main approach + sentiment) we are looking to buy a position
between the range of 5900 and 5700. The stop will be placed based on Your risk appetite below 5700 Level.

I will update this accordingly. But because people flag my comments for calling them out,
i might not have the opportunity to post. Depends on the admins if they keep banning me or not.
So far 2 trades posted. One was good profit, one was small profit.
Lets keep making money. The most important thing is always! WE DON’T LOSE MONEY!
Remember again! WE DON’T LOSE MONEY, that’s rule number one.

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So as to any trade. We always start by preparing.
Now is the planing phase, and we just wait.

If the price goes according to Our plan then we pull the trigger.
You have to pull the trigger. This is important, or the idea is worthless.

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I forget to tell you.
I use more time looking at korean bitcoin charts and japenses, since they are the big volumes in this market.

The rest just fallows the leaders.
tradingview.com/chart/njHUjTus/

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Just came to my mind. For the longer term view into 2019.
the above chart is gold in 2016. and below chart is korea btc chart.

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I entered a small position at 6.3k it was impulsive trade.
I wil either add to it if it goes down, or if this is a reversal,
then i will add to it into a pullback.

Choppy markets are hard :(

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Target hit at desiered date today 14.nov
I went long here. Its a big gamble and it might be little early and agressive.

If you want to play it safer, wait for more confirmaton.

Press the play button lol.

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The price almost 19% stretched form the 20ema, its alot more on the other avrages.
Price always retrace back to the mean.

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just keep getting flash back of gold in the 2016 low.
I was invested in that market. And i remmember very well, everyone was short.
Every one was calling gold under 1000, and gold 700... it was crazy.
Looks like a repeat.

Only when everyone is short will we get a turn around.

Study history, it will give you clue of the future.

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it will never be 100% the same. But it do give some look into the future.

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Last weekly cycle low played out like described in the first circle.
Considering the gold chart, and this chart we have some insight of the future.

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This is why i track the futures dates, i belive these players runs the show.

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If you wanna long, remmember the next dates, 17th and 24th.

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I am buying the dips, and increasing my holdings.
At this point the whole world is selling.

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Stretched almost 39% of the 200ma.
Last weekly cycle it was stretched 41%.
We are in my oppinion getting close to a low.

Sharky8899.

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