that's the importance of understanding candlesticks and price action!

bumping this because it's very important in trading

and also, the 15m candle closed below demand zone, so the trade is still valid

stop can be at the edge of demand zone or around 34200

you can aim for the next support around 33600 then 33350

as usual, nfa at your own risk

slightly riskier trade here since it was a flash crash

you can see the bulls are defending this line very very hard

a close below and prices should drive downwards

long top wicks still a good sign for the trade ✅

currently not much volume in the market, do watch out for a possible reversal

might just be sideway movement for awhile

set your stops tight in you're in shorts!

reversal really happened right after tweezer bottom (bullish)

hope your stops were tight!

📈 TRADE ALERT

SNX 1h tf

entered SNX at CMP

lev x20
i'm looking to hold for awhile, possibly overnight

SL: 11.25

reasons:
running independently from btc, largely unaffected by the pumps and dumps, nice uptrend for a long while now

#trades W

running nicely for now

stops to entry

if you're in the trade, exit in profit now

i just did

a telegram group is shorting SNX, so it's best to get out for now

to clarify,

in crypto there are many huge telegram groups that usually coordinate pumps/dumps by entering the market together

so a group with 20k subs is now shorting SNX, hence it's best to stay out for now!

SNX looks pretty strong, will look for a reentry another time

📉 TRADE ALERT

AXS 1h tf

possible h&s forming

entry would be on the retest of the neckline

4h tf AXS is on a nice uptrend, hence this h&s is likely to be a retracement

tp can be 9.1884
leave a runner as it might run further, if we're lucky, final tp at 8.3365

SL would be swing high of right shoulder as that would invalidate h&s

cheers!!

#trades W

📉 TRADE ALERT

ENJ 15m tf

possible h&s, similar to AXS

entry on the retest would be nice, if not then breaking of neckline

potential TPs as shown (but still personal preference on TP whenever you like)

SL would be swing high of right shoulder as that invalidates the h&s

cheers!!

#trades W

stops to entry, full risk free trade from here on out

tp still rather far

trade is still valid !

my final two trades for the day, will be letting it run down

please set your TP orders if you're in the trade

Updated trade report!

Made quite a few trades today, netting quite a nice bag of profits 🥳

Hit my 1000% profits for the month!

Took my first loss on the channel as well !

Part and parcel of trading :-)

thanks for being here! 🤩

to the top with you,
cheers!!

AXS is running very very well!!

you can shift SL+ now or manually trail stop loss

volume is low in the market and there might be a reversal or sudden spike again similar to btc just now

stay safe!

stopped out ENJ at entry price

you can look to re-enter when it crosses the neckline to be safe!

trade still valid for now, but i won't be re-entering as i'm done for the day

AXS running well, just breaking the neckline now, potential entry either now or wait for a retest after breakdown!

everything else stays the same as per the message

see y'all tomorrow

until then, trade safe!!

to the top with you,
cheers!!

one last thing,

since this was rejected, i'm looking at btc resuming the LH LL downtrend as per the photo,

so i'm expecting btc to print a new LL, lower than 33400

aka expecting btc to go on a downtrend now on a lower tf

okay bye!

morning!

so btc did go downtrend for awhile on the lower tf before going back up to test the trendline once again

approaching a crucial area here where btc had a huge crash/rejection

no trades for now until we can see some nice confirmation!