pjmaasjhb

pjmaasjhb

There are multiple scenarios that could play out. Depending on how the stock market holds itself up we might see a deviation from what looks like a basic support and resistance trade. The fact is that we are still making lower highs and lower lows so unless ETH can find support at the 1k zone and break through resistance at 2k ETH will be stuck with a whole lot...

pjmaasjhb

Picture perfect rejection of the 200 moving average adding resistance to the median line of a pitchfork I drew on the recent pivots. The market profile served as my price for entry and a bearish hourly candle broke through it. The stochastic RSI in overbought conditions adds extra confluence after the cross Stop loss is a few pips above the 78.6 level of the...

pjmaasjhb

Anchored at A: 24 Jan, B: 10 Feb and C: 24 Feb's pivots. After forming a double bottom at point C, 28 Feb's bullish engulfing closed above the median line, so I marked the 50% level between point B + C to mark the validity level of my trading idea. I am anticipating a push into the 3.4k area mid march before seeing a minor retracement back down to around 3k...