PHundal

PHundal

Stop loss just above, aiming for the lows below. Willing to take some profit price hits around halfway, just incise the market wants to turn on the US open.

PHundal

Swing to the lows from here. Stop loss just above highs.

PHundal

Really interested to see where this weekly close winds up. Also we've got US CPI as a news catalyst mid week. Keep your eyes glued this week!

PHundal

We could very well push higher. But for the DXY to start some kind of reversal here, a break and close below this key level is step 1. We would then look for another repeated phase of distribution below current price to be very confident that a trend reversal could be underway on the 4H.

PHundal

We've now put in a key higher high, after a sweep of the previous week low and monthly low. Eyes on people!

PHundal Updated 

Current state of play for BTC Bitcoin, and the crypto markets overall, have seen a marked strike of volatility which resulted in a new yearly high being made of $31,5000 USD before price then fell away back down to $30,250 USD at the time of writing. What can we gain from this price action? The simple fact that there have been more supply and sellers at these...

PHundal

Looking for continuation of the uptrend here for FTM. Invalidation is a new lower low.

PHundal Updated 

With the sell off we have seen after last week, everyone is trying to pick a bounce from here. In this diagram I've provided a schematic of areas to watch. No one knows how far we will go. Ideally for a shallow pull back, the Inside Range target is where we might see some higher highs and higher lows form. This would start to form our reversal area....

PHundal

With the markets range bound, there is a idea here to take price back down since we've taken out the range high. Invalidation is a new higher high from here. Stop losses likely on the way down are plentiful.

PHundal Updated 

Key breakout on DXY looking like it might not sustain.

PHundal

Important level here. Local lows have been run through both the Asia and London session leading into the US session which has been lately running the cadence of the market. Should we close and stay above the orange line ~$30,500 = bullish imo

PHundal

IMX is putting in some decent market structure where we could bet on a higher high. Current validation conditions are that the last swing high was a higher high on the weekly time frame. And we are currently bouncing the the optimal trade entry zone for a fib movement. Can wait for further confirmation with a higher high on the fractal move around current price ranges.

PHundal

Bitcoin with a strong breakout. We would want to see the key fib areas here generate some kind of bullish market action. - morning star - bullish hammer - SFP of a local fractal low Breakdown here and a lower low from the start of this market structure break could put the breaks on this move and at least result in more consolidation before then either breaking...