A blog about trading analysis, in which I explain my thought process and trading ideas to share with the community.
30 Jun 2019 1 minute read 0 comments Oligon
There are two possible scenarios to get in with the downtrend, one being price reaching the fresh supply level at $6.4530 with targets around $5.50 or the other possibility being price reaching the previous major structure level at $6.7329 and fall f...
29 Jun 2019 1 minute read 0 comments Oligon
After a massive sell off, price broke support and now is retesting that same level. We might see a bounce down until the bottom of the bigger corrective structure. I’ll keep an eye on this one!
29 Jun 2019 1 minute read 0 comments Oligon
I’m patiently waiting for price to break out of the corrective structure where it lies at the moment. Seems like some bullish impulsive legs are slowly showing signs of a break to the upside, so a retest after breakout trade setup might be on the tab...
28 Jun 2019 1 minute read 0 comments Oligon
Just a possibility of what could happen with price, as there is an alternative bounce on the supply level at 0.0000313 from where price is currently reacting. If it keeps inside the triangle, we might see more correction before breaking to the downsi...
28 Jun 2019 1 minute read 0 comments Oligon
After some really strong impulsive bearish push, we finally start to see price consolidate between 0.97 and 0.98, right below major resistance at 0.9861. I think that price might correct deeper into this consolidation area. Possibly we will see a bou...
27 Jun 2019 1 minute read 1 comment Oligon
Price is currently making a correction in the form of a descending triangle, however, it’s being formed in a weird spot inside the major structure. What do I mean by that? Well, if we look at previous price action, on the bigger timeframes this pair...
27 Jun 2019 1 minute read 0 comments Oligon
This pair reacted the way we expected, breaking the resistance to test the supply level at ¥108 and breaking again to the downside. The clue for this prediction was the sequence of impulsive swings with low volatility to the upside. Now my expectatio...
