Trader Update 25th October 2022

Trading Video Analysis 25th October 2022

Bitcoin BTCUSD

Dithering and nothing happening. Odds of it being successful are reduced. A much sharper move taking out the high would improve the likelihood of success, true 3rd wave stuff.

Trading Update 25 October 2022 – Bitcoin (BTCUSD) Chart
Trading Update 25 October 2022 – Bitcoin (BTCUSD) Chart

Ethereum ETUSD

Looking more promising than the Bitcoin Chart, but only slightly. Looking like a possible 4th wave.

Trading Update 25 October 2022 – Ethereum (ETUSD) Chart
Trading Update 25 October 2022 – Ethereum (ETUSD) Chart

Gold

Pretty much unchanged. Could be an uptrend abc, but as yet no confirmation.

Trading Update 25 October 2022 – Gold Chart
Trading Update 25 October 2022 – Gold Chart

Silver

Quite a big decline with an abc, then a continuation. Could be a case for further downside and a short position.

Trading Update 25 October 2022 – Silver Chart
Trading Update 25 October 2022 – Silver Chart

Ftse

Similarly, the Ftse is equally lack lustre. Looking like an abc wave, but generally uninspiring.

Trading Update 25 October 2022 – Ftse Chart
Trading Update 25 October 2022 – Ftse Chart

Dax

Could be in a 3rd wave, but there isn’t much confirmation. Might be worth watching for a 3rd of a 3rd wave.

Trading Update 25 October 2022 – Dax Chart
Trading Update 25 October 2022 – Dax Chart

Dow

Dow is tedious very similar to the Dax, may be an important low with a third wave. Seems like there is little enthusiasm for the upside.

Trading Update 25 October 2022 – Dow Chart
Trading Update 25 October 2022 – Dow Chart

Nasdaq

A big decline, but virtually nothing at the bottom with regards to a long. Looks like more of a continuation short.

Trading Update 25 October 2022 – Nasdaq Chart
Trading Update 25 October 2022 – Nasdaq Chart

Update for the 25 October ends.