Camel
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Cycle Trader, Swing trades, Bitcoin, Stocks, Indicies, Gold & Silver We run weekly Q&A videos and weekly Chart requests as well as bonus charts, setups, trades and anything else I can think of
Whilst we are here, might as well update on Bitcoin too:
The idea was we would find a weekly cycle low and look for approx. a double.
At the time, the low was yet to be confirmed, but it looks like it has since confirmed, about 2k lower than I said in the last post.
As such, the upside target is a 100% move from the low which currently sits at ~76K, giving us an upside target of ~152k.
Price still lacks follow through, but should start showing us that soon enough. Similar to the stocks, the low needs to hold here or we have to start to put much more serious downside scenarios on the table.
Nothing to do at the moment but wait for something actionable to confirm, so I went for a drive.
Upon return I checked my comments and they are dominated by people calling recession and bear market.
Feels a lot like the c19 crash, everyone did nothing until the lows, panic sold the bottom and then missed the lockout pump that followed.
Opportunity is coming and I think most are going to miss it because they’re scared. These same people were laughing at deflation 2 weeks ago and championing tariffs being inflationary, and now they are trying to blame trump for the weekly cycle lows. This is classic wave 4 stuff - a surprising disappointment for all the latecomers.
The sentiment swings are remarkable. Investors these days don’t seem to be able to tolerate a correction.
Even if we are going to call tops, we need a bounce first to give us a high probability setup and short entry.
Sit tight, one thing I do extremely well is be a contrarian when it matters. i think an extremely one sided set
Hi All,
Since lots of you wanted the indicator, I have spoken to the team and they have agreed to give the Slice crew early access to the indicator (we are going to unleash it to the rest of the community in the next couple of weeks)
If you want to try the indicator, go to camelfinance.co.uk - upon signing up, the indicator will appear in your trading view invite only indicators.
There is lots of content and instructional videos on the website for how to use the indicator and how to customise it. Plus lots of stuff on cycle trading in general, plus a members hub and even some games etc. So be sure to take full advantage of everything on there. There is also an AI assistant to give you immediate answers to any questions you may have, and if you get really stuck, there is a real life customer support team that can assist you too (just raise a support ticket).
Please be sure to have a good look around the website and see all of the features. And be sure to watch the tutorial vid on the ind