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NEWS FLASH: Citadel CEO states US capitalism is breaking down before our eyes after the Federal Reserve rescued
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Bank $SIVB.
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$AGLD D1 Bullish Idea. Potential TRBO retest in play on its daily frame. Market above POC, looks ready to test VAH strength. Hovering just within the Fib's golden zone now, a fallout from the 50% level will be supported by the POC serving as an anchor. If price breaks above the VAH and 62% Fib level, expect volatility as market will look to break past the 79% Fib level to attempt and create a new local high. Crucial to watchout for a POC breakdown in this case for my sentiment's invalidation, as it will create momentum that will potentially push down EMAs for a probable DX.
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Scalped $AGLD, closed with good profit. Enough to sustain an average man's week.
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$AGLD looks ready to pop.
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$BTC D1 Bullish Idea. Bullish shark harmonic pattern still valid, and my greedy target is still towards 80k price zone. We have a daily FVG as shown in the chart, dips that happened from 2 weeks ago weren't successful in even filling portion of it and just bounced off 79% Fib level of its downtrend from July 29 to August 05. We're seeing rejection once again from creating new ATH as the recent pump was 17,617 pips shy from breaking it and has caused somewhat an evident sell off from the weekend doing a -8.29% fall in the process. I am seeing 3 potential bounce scenario from hereon if ever market continues to dip. First would be a POC bounce, and the second is a 50% D1 FVG fill in the event of a POC breakdown. Lastly, my EMA21 currently sitting at $68,164.50 as of the posting could serve as the market's trampoline. VAH breakout could be another chance to create new ATH and hit my extended Fib levels. This idea comes with the upcoming US elections, and if Trump wins, it'll likely trigger the bull season.
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WTF is happening to the market?
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