Trader's Reflections

Trader's Reflections

This blog contains my personal thoughts and ideas about certain stocks, currencies and cryptos. They are not investment advice. Trade at your own risk!

Price Action Analysis of Bitcoin Cash (Feb. 13, 2021)

13 Feb 2021 3 minute read 4 comments cryptoph

Yup, I hate to admit it, but I was wrong with my prediction in this article which I said that there will be an extended correction for Bitcoin Cash. I wrote that my favorite crypto currency will go down at the support level, priced at $325, where buy...

Bitcoin Cash resumes bullish rally

13 Feb 2021 1 minute read 1 comment cryptoph

Yesterday (Feb. 12), I noticed that Bitcoin Cash was forming an inverse head and shoulder pattern and posted it in my account that it might break the neckline to resume bullish reversal. Today, my prediction came true as BCH did just brea...

XAUUSD, Weekly Price Action Analysis

12 Jan 2021 1 minute read 0 comments cryptoph

After, a strong bearish reversal last Friday, I am still bullish on Gold. Looking at the weekly chart, it is forming an inverse head and shoulder pattern. This means a reversal is on the way. Do you agree with my analysis, please subscribe and commen...

About to join BTC bandwagon, but where to set my buy order?

6 Jan 2021 1 minute read 0 comments cryptoph

The first time I invested in Bitcoin was November last year in ETORO. Before joining that platform, I had already 2 years of experience in stock training in our country. Two years were not that much but I was pretty confident already with my technica...

Is BTC forming a bull flag or market reversal?

5 Jan 2021 2 minute read 0 comments cryptoph

Ads on various financial instrument always contain a word of caution that say, "Past performance is not a guarantee of future performance". But how many times have we seen investors and traders look at historical data and use that data to make decisi...

Is this the Bitcoin correction we all have been waiting for?

4 Jan 2021 1 minute read 0 comments cryptoph

Remember the story of the race between the turtle and rabbit? As a child, I loved to hear this repeated by my Dad.  The lesson is one that I always took to heart, and the lesson is this: Life is like a race, it is not always the fastest that wins but...

Is EURJPY pair up for a breakout?

3 Jan 2021 1 minute read 0 comments cryptoph

    This chart of EURJPY shows that it is on an uptrend since November 2020 and reached resistance at 126.90.  I like to trade this kind of trending pair especially when I see consolidation approaching resistance. I see this as building energy before...