Currently running longs from the low:
These have done well. Up over 10 times their max drawdown but we're into resistance now.
I also have a bit of an incline we might be setting a short term bottom in USD and top in equites - which would agree with a possible stop hunt on BTC.
Seeing early victory laps from the BTC bulls but it should be considered that the level we've traded to was quite predictable. Even in a downtrend it's common to retest.
As you can see from this chart, the current low is a 61 fib. Quite rare to make lows of 61 fibs but very common to fake a low and then spike out to the 76 fib.
Now we're up a bit off the 61, retesting the obvious structural resistance and potentially set to drop to the 76, I am protecting my long profits and setting limit orders to buy a bit lower.
Locking in enough profit on this trade to allow me to try to catch the support low if we drop and be sure my worse outcome on the net bull attempts is breakeven.
These have done well. Up over 10 times their max drawdown but we're into resistance now.
I also have a bit of an incline we might be setting a short term bottom in USD and top in equites - which would agree with a possible stop hunt on BTC.
Seeing early victory laps from the BTC bulls but it should be considered that the level we've traded to was quite predictable. Even in a downtrend it's common to retest.
As you can see from this chart, the current low is a 61 fib. Quite rare to make lows of 61 fibs but very common to fake a low and then spike out to the 76 fib.
Now we're up a bit off the 61, retesting the obvious structural resistance and potentially set to drop to the 76, I am protecting my long profits and setting limit orders to buy a bit lower.
Locking in enough profit on this trade to allow me to try to catch the support low if we drop and be sure my worse outcome on the net bull attempts is breakeven.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
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We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。