Copper swing trade idea
A Venture member’s trade planning update with a look at $HG, which based on the sum of the evidence is setting up for a long side trade
The USDT.D chart is inverse BTC, therefore this can be used to add a layer of confluence to our trades (in the same way we can use the DXY and the EURO or the USD and XAU). This chart indicates that the money flow can translate in a bullish configuration. Traders need to be aware…
BTC has entered a phase where a correction is likely and indeed this began on the 14th July (earlier than ETH). This is significant data as ETH is a lot stronger. There has further been a weakening in money flow whereby a ltf pivot failed and it would not be unreasonable to see the contract…
The money flow patterns in the BTC market remain positive, however there is a warning in the chart that can change these positive patterns into quite a negative outlook for Bitcoin. This analysis explains how that can occur and what the asset needs to do in order to avoid a negative breakdown. A reclaim of…
” BTC and the crypto currency market have somewhat stabilised in recent weeks as these assets have based into the phase and for the very first time in several months BTC flipped an SR which triggered long positions in coins such as DOGE (which itself based in phase after an 85% washout). On the lower…
BTC is showing signs of weakening and this is occurring at a time when the SPX is also entering a period where based on historic cycle data it has seen corrections. This coupled with the VIX, suggests reasons to be cautious and this video sets out the rationale behind the short sell entry into $117k…
Applying the Principal of Proportionality and Summation to the crypto currency market in order to understand the context. Post Views: 29