The Volume profile for the SPY is painting a picture of near-term resistance for SPY and using the breakdown of the august trendline as entry criteria.
Most 786+ POC confluence gives out great possibilities for an entry, one such entry is around the corner. Why bear? we are forming lower high on high time frame, gives me a reason this will continue as we have lower levels to visit especially the 618 fib fan. Here we can see most of the fib fan working, even on the 2008 crash we found support at 618. This...
GBP/USD: Short Trendtrade H1 > H4 structural break > LH and LL established > POC above current price > BOS is our sell zone This is a short-term H1 Setup, coupled with the preceeding H4 structural break. We already published the H4 idea, but this setup can be used further. Meikel & Team WSI
GBP/USD: Short about to rollover > Price at upper end of overarching bearish trendchannel > Break of inner bullish trend to the downside > LL-LH-Sequence > POC above current price > General USD-strength ahead of NFP on Friday Generell USD strength after strong ISM data. Short move likely. Only event risk: NFP on Friday. As always: Manage your risk, especially...
The price passing through the liquidity area can continue its downward movement in the main trend when it meets the first orders area.
GBP/AUD: Long Reversal running > Higher High and higher low printed > Break out of the triangle formation > POC below current price > Last weekly high far away Structurally, this is a long based on the rules of our Wall Street H/L System. It is, however, a little risky ahead of the FED tonight. Why? Because the decision + press conferent COULD lead to...
GBP/CHF: Long Reversal running > Higher high and higher low printes > inner trendline break > quadruple bottom > POC below current price We are seeing broad GBP-strength, also visible in GBP/CAD, GBP/AUD, GBP/JPY and GBP/NZD. GBP/CHF checks all the criteria for a long entry according to our H/L Wall Street System. Post Fed Meeting The dust has settled since...
EUR/GBP H4: Short pressure rising > Bullish trend broken > Re-Test successfull > break of structure, change in sequence > Need a break of the current inner upward trendchannel Even after the interest rate increase by the ECB, the EUR seems vulnarable, especially because of the ongoing Russia/Ukraine conflict. A break of the last higher low would increase the...
Positive behavior of candles with control point I expect today's candle to break the RANGE strongly
SHIBUSDT the bounce back from POC point of control volume profile is still holding but Huge supply is found at 0.00001270 price levels. We should see another bounce at 0.00001050 demand area.
Their is technically no other level to hold Dogecoin price from falling to POC point of control Volume profile (Red). if we break down you already know the destination. TradeWise
CHF/JPY: Shortsetup in the making > Doubletop formation with falling high in D1 > Lower low and lower high in H4 > Inner trendline broken > Top range of bearish trendchannel > POC above current levels This is a watchlist trade. We would like to see another lower high + outer trendline break to enter short. Check out our bio! Meikel & Team WSI
Hi all. we have a long term analysis on FLUX in 1W chart. as you see on my chart after compelete a full cycle of 1-2-3-4-5 and ABC waves we have a potential to start a new impulsive wave. of course this correction may be extend and lasts more. i draw cycle lines (Blue vertical lines) and we see ABC correction lasts 2 cycles and now is in the end of cycle. this...
AVGO has returned to its post-March 2020 point of control. Stepping down a time frame to the daily chart, we can see a cluster of Dojis. Combined with volume falling under the 50day average, MACD crossing its signal, and Stoch recovering from oversold shows hesitation in the selloff. An aggressive trade would be to enter now, while a more conservative entry...
Volume profile on INDEX:BTCUSD on monthly chart after cycle up in 2019 The high volume cluster at the bottom is obvious. The POC for the whole profile up to the current price today is in the 9.2k range. The edge of the high volume cluster is around 12k. There's plenty of liquidity gaps (fair value gaps, FVGs, whatever you like to call them) between here and...
Noticed we were beneath some higher TF POC's (2hr) from two different moves. Bear flag-ish on HTF + exchanges halting withdrawals before the weekend made me lean bearish and look closer to develop this thought. Support structure look weak, liquidity grabs to the upside getting completely walked back down made me think there's a bigger downside move just waiting...
We have no confirmation for a trend reversal in high timeframe! BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels...
AUD/NZD: High-Vol Trendchannel break > month-long trendchannel broken to the downside > Double top formation with first lower high inside of broken channel > POC above current PX > countertrend broken > weekly high 2x rejected > daily lows about to break > little volume on way to tp