Good morning traders,
We've had quite the eventful Saturday morning, (6:30am currently where I'm from) after breaking down from the rising wedge in my previous technical analysis I've posted for the community.
This is starting to look like a dead cat bounce before continuation to the downside.
Why?
1: No volume on the relief pump (which tells me this is likely to fail on the recovery pump)
2: We just broke down from yet another rising wedge after retesting the broken trend line that we broke down from on January 21st.
3: Lower highs, lower lows.
4: Previous support levels are being flipped into resistance.
I've created a YouTube channel and it's in the works now, and I'm very excited to be able to make technical analysis in depth and detail with daily/weekly videos that I'm sure will help you guys out!
Please get this technical analysis to 30+ likes to unlock the next daily post (which will be tomorrow) 👍
We've had quite the eventful Saturday morning, (6:30am currently where I'm from) after breaking down from the rising wedge in my previous technical analysis I've posted for the community.
This is starting to look like a dead cat bounce before continuation to the downside.
Why?
1: No volume on the relief pump (which tells me this is likely to fail on the recovery pump)
2: We just broke down from yet another rising wedge after retesting the broken trend line that we broke down from on January 21st.
3: Lower highs, lower lows.
4: Previous support levels are being flipped into resistance.
I've created a YouTube channel and it's in the works now, and I'm very excited to be able to make technical analysis in depth and detail with daily/weekly videos that I'm sure will help you guys out!
Please get this technical analysis to 30+ likes to unlock the next daily post (which will be tomorrow) 👍
Trade active
Trade active
cme gaps have a 00.0& fill rate (facts)
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Trade active
we must break this mini rising channel to the downside otherwise it's possible to see $35,000 before $27,333 (0.618 fibonacci) just go with the flow.
I'm watching a fight tonight so won't be giving updates really.
Big mcgregor fight tonight!
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Trade active
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possible s/r flip into resistance at $32,500, if we lose $32,999 on a 30 minute close you guys can short for a scalp.
good morning to you all, and have a lovely morning.
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Trade active
bull trap confirmed if we break below $31,999
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update: Trade active
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Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.