We are on weekend which means that the CME market is closed now and can open until Sunday evening.
Therefore we still have the same price gap that are not yet filled.
10820-Not Filled
10285- Not yet
9215 -Not yet
8840 USD. - Not yet
https://www.tradingview.com/x/FXgeXY1H/
This is my entry for the 100DAYSOFTA challenge, Saturday 26th September 2020.
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I am joining a challenge by a group of traders. The challenge is #100DAYSOFTA. Some of the people in this group have posted on $Youtube, $Twitter but I will be posting mine on Hive.
The convener of this challenge is https://twitter.com/CryptoluXP*
However, the frequency might not be daily but it will be sequential.
Having said that, here is what I have:
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4 hr
The trend from the ST is bearish and this signifies that we may dump as the price moves closer to the resistance. This means we should be careful of how we trade and use stoploss. The wavetrend has given a first red dot which always precedes a dump. However, the Willy has not crossover in a bearish pattern. Therefore it is good to watch for a dump soon.
https://www.tradingview.com/x/t4hzd8MG/
1h
The ST here is long, which gives an opportunity to long. However, it is good to watch for a dump since the wave trend now has a red bearish dot. Willy is at oversold condition and it means we can see a sideways or a further dump.
https://www.tradingview.com/x/21rRkUUk/
30 mins
The trend here is sill bullish and the price action has been sideways. However, we have the wavetrend already had a red dot and also a Willy is at a bearish crossover. The price action is either going to pump or dump.
https://www.tradingview.com/x/28ew5GVn/
Extras
15mins and 5 mins charts respectively.
https://www.tradingview.com/x/dE92HTZN/
https://www.tradingview.com/x/kJeRPYD8/
Summary:
4hrs ST is short
1hr ST is long
30 mins ST is long
My Position
I will be watching closely and putting stoploss on my trades