Last week, the EUR/USD market was a whirlwind of activity, marked by heightened volatility and significant price swings. The week began with bullish momentum, as buyers took charge and pushed prices higher. However, by midweek, the market experienced a dramatic shift, with increased selling pressure leading to sharp declines in the EUR/USD pair. Despite the...
Time dive into the whirlwind that was Week 14 in the EUR/USD market. Last week was nothing short of intense, with each trading day bringing its own set of surprises and challenges. Despite the rollercoaster ride, the overall price range remained relatively stable compared to the previous week. It's fascinating to see how the market dynamics played out amidst the...
Chart legend: Yellow lines: These line represent the lower and upper boundary of the range that has been tracked for the last 30+ days. Orange lines: Buy and sell side volume in the order book. These areas are where the buying and selling volume are the highest. Note that multiple zone could exist, these are just the strongest ones. Purple lines: This is the...
The reason that the recent movement did not have much volume on the chart is that there were no sell orders on the order book on the way up so most of the market orders were filled by soaking higher limit orders. According to the Binance's Order Book, two things to notice here is that: 1- There are more sell orders above 24900 which were not that much along the...
Coin in the game, increased volumes, activity in the order book. Formed horizontal level 2 touches, extremes on volumes. Potentially I expect a rise to the level in confirmation of the breakout scenario, I recommend going after the breakdown with activity in the order book.
A local level with three approaches has been formed. On the round number 0.88 in the spot order book there is a large limit order. I recommend going in on the acceleration of prints in a glass and in the corrode of density on the spot.
AUDIO increased trading volumes, the limit buyer begins to push the price to update the hay. There is a cascade of local highs, beyond which there is liquidity. I am waiting for the formation of trading and impulse exit to the long in order to withdraw liquidity behind the level. I plan to go from a round number - 0.16. Target – 0.1666$ (5.21%)
A deal to continue the short movement along the trend. Level with 2 clear touches on a round number! I expect a pulse breakdown after a smooth approach to the level and a clamping on the lower timeframe, a retest is also possible after breaking through the level.
The instrument is being dumped towards the breakout of the local support level. Red delta and strong points of control show the sellers interest. Be aware of liquidity grabs. Target- 248
The price has tested local support several times and the next reach to the level could provoke the impulse. The delta has changed to red and points of control in clusters resist the price growth. Load in advance from points of control
A level of support has been formed from which purchases are going well. In the spot order book there is a large limit order ($9.85) that is 10 times the passing volume in 5 minute clusters. I'm looking at a rebound of 2%-3%
The instrument formed a considerable consolidation with several level testing. Waiting for the cascade breakout. Delta has changed to red and keep rising. Search for the entry point of early loading. Target - 1.55
Waiting for the pullback from the strong resistance level that previously served support. Points of control do not let the price go higher. Activity of buyers is decreasing. Target - 0.021
The instrument is about to break strong support level. Both spot and futures deltas are red for more than 20 minutes showing the prevalence of sellers pressure. Open short positions on high activity before the breakout. Target - 0.4
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The higher US CPI read of 6.2 % YoY lead to a spike in US10Y and a small sell off in the ES. As of now the uptrend remains intact and as long as we do not get a close below 4300 I am looking for long entries. Buy at or around 4552 if support holds or buy break and close above 4713 resistance. Looking at the order book we can see a lot more sell orders...