Pre holiday opportunity timing
We pointed out risk, reward and psychological abnormalities of pre holiday trading in our previous chartbook. One always should reduce size for this sort of trading. Taking part if opportunity presents itself in pre holiday trading can be very rewarding. Weekly charts show low risk and in favor to take a position. This chartbook will guide on the various timing possibilities on how to enter into this holiday setup: pre holiday opportunity timing.
Weekly chart, BTC/USDT, December 19th 2019, “good risk reward ratios”:
Bitcoin in TetherUS, weekly chart as of December 19th 2019 a
This weekly historical chart illustrates opportunity. Always after brief four to five weekly double bottoms bitcoin has seen positive advancements in price. For this reason we already posted an aggressive weekly time frame long entry live in our telegram channel. You’re not to late if you missed that entry.
Pre holiday opportunity timing, BTC/USDT, weekly chart, December 19th 2019, “good support”:
Bitcoin in TetherUS, weekly chart as of December 19th 2019 b
One chance to be on board is waiting for this week to close as a green candle. If we should be that lucky an entry at the open of the next weekly candle would be suitable for a longer term holding.
Prices having rejected the green band of a supply demand zone strongly and point towards a reversal.
BTC/USDT, weekly chart, 12/19/2019, “the weekend play”:
Bitcoin in TetherUS, weekly chart as of December 19th 2019 c
For those readers who trade anticipated versus confirmed, there is also a more immediate play. With prices trading in the upper range of the last weekly bar one can risk an immediate entry into the unfinished bar as well. For this we need to stack odds on lower time frames:
12/19/2019, BTC/USDT, daily chart, “entry fine tuning”:
Bitcoin in TetherUS, daily chart as of December 19th 2019
Prices shooting through the entire range (dotted horizontal purple lines) on the 18th of this month promise strength. The 19th being a natural pause day after this action points towards Friday the 20th (and following) days to be prosper entry days at the open of the new bars.
Pre holiday opportunity timing:
Never force a trade. Never take a trade one does not feel comfortable with. In case recent chart books and their pointed out stacked odds of mid to end December trading resonates with your own approach, than the above entries might be of interest for your confirmations. Always trade half size or less on trading abnormalities like these.
Join our free Telegram Group :https://t.me/joinchat/HGe22hDDEEl0LvFGAgEZ9g
All published information represents the opinion and analysis of Mr Korbinian Koller & his partners, based on data available to him, at the time of writing. Mr. Koller’s opinions are his own and are not a recommendation or an offer to buy or sell securities. Mr. Koller is an independent analyst who receives no compensation of any kind from any groups, individuals or corporations. As trading and investing in any financial markets may involve serious risk of loss, Mr. Koller recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications.
Although a qualified and experienced stock market analyst, Korbinian Koller is not a Registered Securities Advisor. Therefore Mr. Koller’s opinions on the market and stocks can only be construed as a solicitation to buy and sell securities when they are subject to the prior approval and endorsement of a Registered Securities Advisor operating in accordance with the appropriate regulations in your area of jurisdiction. Past results are not necessarily indicative of future results. The passing on and reproduction of this report, analysis or information within the membership area is only legal with a written permission of the author.
Important Trading Risks and Earnings Disclaimers - Terms of Use
RISK DISCLAIMER: All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Trading financial instruments of any kind including options, futures and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don't trade with money you can't afford to lose.
NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.
EARNINGS DISCLAIMER: EVERY EFFORT HAS BEEN MADE TO ACCURATELY REPRESENT THIS PRODUCT AND ITS POTENTIAL. THERE IS NO GUARANTEE THAT YOU WILL EARN ANY MONEY USING THE TECHNIQUES, IDEAS OR PRODUCTS PRESENTED. EXAMPLES PRESENTED ARE NOT TO BE INTERPRETED AS A PROMISE OR GUARANTEE OF EARNINGS.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAN ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
?
All information presented or any product purchased from this website is for educational and research purposes only and is not intended to provide financial advice. Any statement about profits or income, expressed or implied, does not represent a guarantee. This presentation is neither a solicitation nor an offer to Buy/Sell options, futures stocks or securities. No representation is being made that any information you receive will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Please use common sense. Get the advice of a competent financial advisor before investing your money in any financial instrument.
Terms of Use: Your use of this educational website indicates your acceptance of these disclaimers. In addition, you agree to hold harmless the publisher and instructors personally and collectively for any losses of capital, if any, that may result from the use of the information. In other words, you must make your own decisions, be responsible for your own decisions and trade at your own risk.