Heres a decent looking profit looks to have just broken out easy 10% ahead.
Not much of a write up as I only just caught it but 1 day chart looks good along with 4H
Looking very bullish and volume is just returning.
Targets on the green horizontal lines.
If watching this post the next 30 min candle will retrace so jump to lower timeframe and buy retrace but I have already entered on close of first break candle.
Cash Is King!
Komentarz
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Looks like we have retraced here nicely and will head to targets.
Komentarz
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volume in increasing nicely on this trade.
Komentarz
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Zil, we have a nice formation on the 1H charts and expect to see it break soon and show some good movement. We have been in accumulation trending sideways on short time frame and expect this to change very soon.
With the volume increase and strong momentum this can result in a strong move.
Komentarz
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Zil moving in right direction, they say slow and steady wines the race.
Komentarz
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We wanted 10% here but only got 7%. Zil is still holding on and charts look good, BTC movements have stunted the market a little so lets continue to observe this trade for those of you that held.
For those of you that sold in profit well done! Cash Is King, Enjoy it spend it, its the weekend.
i seem to be entering these trades too late, and that does not seem to be a wise practice. I need to get up earlier in the morning it seems! What time zone in the world are you if I may ask? cheers.
@Cash-is-King, gotcha. im on west coast, so i see your trades were startig about 6am here. i imagine you either get up early or are east coast. i really enjoy following you, so i will wake up earlier. cheers mate. and thank you for teaching and sharing.
RJdev
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What do you think of the possible Head & Shoulder pattern from my screenshot, if it confirms at 0.00000580, would you still sell at that point?
RJdev
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Sorry, I meant Cup & Handle :) too many H&S these days
Cash-is-King
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@RJdev, I can't see your formation, but try look on the 4H charts and 1D
Cash-is-King
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@RJdev, I think you should start looking at longer time frames on your charts.