DCHESSKING(THE MONEY GENIUS)

I’ve got my bullet Might likely start the year with $60k if that shit drops.

Eurusd likely touching 0.9922? Sellers are way active!!!! Hahaha

Happy new year!!!

7pm today!! https://us02web.zoom.us/meeting/register/tZMtdu2rpzksG9fBKatDXLRuPDercKU7B6NA

Catch you tomorrow!! 7PM https://us02web.zoom.us/meeting/register/tZMtdu2rpzksG9fBKatDXLRuPDercKU7B6NA

I’ll also be live on Beat FM 99.9 this evening at 7 pm. Join me as we discuss Zedabot ♟️

I’ll be live on Nigeria Info 99.3 FM today at 2:45 pm. Join me as we dive into the role of AI in the financial market. Don’t miss it

Catch me on Classic FM 97.3 at 9:30 am today. Let’s discuss algorithms (Zedabot) and diversification

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If you’re used to buy and sell signals, that’s not how we operate here..unless we can explain the why. Sharing a market view without understanding the reasoning behind it just doesn’t make sense.

If so, expect more upside movement. But if the proximity ratio is 1:2 or greater and we find confluence showing weak buyers, that’s when we jump in for the sell. At this point, the impulsive move turns aggressive, in line with the overall bearish trend. Those caught at the wrong time will feel it right in the face…why not, right?

Even when price reaches the next supply, we still need to use the same approach to confirm the validity of that zone. Otherwise, if price breaks 1.0873, we could be looking at a further bullish move. We have to check the next possible base’s proximity when price drives to the next supply zone. It’s a simple yet powerful method that keeps you safe from traps. Here’s the thing- you don’t just click “sell” at any supply zone just because there’s a rejection or pin bar there. You need to understand what’s driving that bullish move. Are there buyers eager to buy at a zone close to the supply?

So, what’s my plan? I’m aiming for the overall bearish trend ..I’m in for selling, but not above the possible base zone. I’ll only sell if it breaks below the possible base or breaks the current supply zone From there, we’ll watch price drive to the next supply and hook a selling opportunity. As I always say, timing is everything. Don’t let the market get the best of you!

Both traders identify a selling opportunity, but with different timing. Possible base traders avoid the trap and wait for the right moment, while others might be doing the right thing but at the wrong time

So, what happened? WHAT OTHER TRADERS SEE Other traders observe an overall bearish market and find it tempting to sell from the H1 supply zone at 1.0822, especially after seeing the Doji formed at the supply on EURUSD today. What possible base traders see: Possible base traders recognize that selling at 1.0822 is a trap. Why? Because there’s a possible zone at 1.0815..a potential demand zone that’s too close to the supply. So, despite the overall bearish trend, it’s risky to sell at that level until the possible base zone is broken. Otherwise, there’s a strong likelihood of price heading to 1.0859 before any downturn

Sellers dismissed.. you’re safe?

Sellers stops are being taken out already. Why? I thought they had a nice Doji at the top hahaha

Tell them..we ain’t selling until that possible base gets broken! Otherwise, they better wear a seatbelt, because it’s going to be a flight to 1.0859!

Tell them..we ain’t selling until that possible base gets broken! Otherwise, they better wear an seatbelt, because it’s going to be a flight to 1.0859!

Are they safe yet?