After price reached the target of 1,1710 we then looked at the possibility for the next target- 1,1640.
However, prise has been moving in a range of 30 pips for two days now.
That means there's equal buying and selling pressure and it's very likely to see a few misleading moves.
First we could see a drop down to 1,1700 just so more sellers could enter the...
As I mentioned in previous posts, #BTC reached a significant resistance. It seems that it tends to touch the middle of the side-way zone. considering the volume profile of the last up trend within this side-way region, one can see the important levels. I believe that regions around $38200, $34200 and $32200 are possible targets for down trend.
According to the...
THIS IS THE DEFINITION OF A STOP HUNT!
we've all seen how the dollar has exploded over the past couple of days but NZD is not giving up without a fight you can see that every time the kiwi goes below .695 on the weekly candle it rushes back up before the week is over.
now fundamentally speaking, WE KNOW the RBNZ (New Zealand Central Bank) will be raising rates...
Regards to Elon Musk opined about environment , Bitcoin dropped !
Well, I believe whales are trying to collect retail bitcoin holders capital, and all this concerns of environment and fossil fuels and etc are shit !
nevertheless it's my Bitcoin analyze for coming days
This is a risk caused by benefit conflict.
Why gov reports CPI lower than prediction?
(1) hide the fact of inflation
(2) higher CPI => investors ask higher interest rate of bonds => gov pays more interest on debts
(3) higher interest rate of bonds => not good for non-growing stocks => companies collect less money from stock markets but need to release more...
Fakeout V2 Game is ON, Short on QM Level. Many price action were in 1 line and the gap to QM level about 30 pips, stop-hunt will occur and move inversely to down in easy way.
Summary of technical analysis on the USD/JPY:
- Fib(0) changed to 106.957 high of 10:00 candle
- Stophunting session to grab the selling liquidity
- Temporary long ('short squeeze') & then short
- Swing is overextended to the upside
- RSI pullback to probe above the 70
- Extremely low volume for a new high
Part 2 of why I am shorting BTC to at least $36,600 . The last run up to 38,900 was a Hunt to get shorters liquidated. Basically a stop hunt and now it's over and there no more volume and no interest in pushing above the 38,500 to 38,900 range. If we get a close with high green volume above $38,700 then I may be interested and will certainly watch to see what kind...
EUR/USD trades within familiar levels around 1.2240, ahead of Wall Street’s opening. The pair has limited bullish scope in the near-term, stuck below the year’s high,
“German GFK Consumer Confidence Survey was printed at -7.3 in January, better than the -9.5 forecast. Meanwhile, the US has published the final version of the third quarter Gross Domestic Product,...
This is a textbook pre-London setup.
During the Asian session we often see (especially in Yen pairs) moves that set up for the London session. What this does is provides us with liquidity of retail trader stops that we can take advantage of.
This was a simple 0.7 R trade that I was in and out of within 45 minutes.
It amazes me that traders still put their stops...
Hey guys,
lets take a look at the GBP USD pair, we can clearly see the liquidity hunt and instant pull back under 1.26170, making that our selling price. first retest happened almost instantly with immediate rejection, the second retest is currently on going and we are expecting a downward move to the next liquidity target.
After entering to early on my first position on GJ I have
decided to give it one more shot! I use proper
risk management and wins are greater than losses
Hey Guys,
Check my S/R zones for intrady trading and areas for possible stoploss hunt breakout.
Also you can see key vwap levels on daily chart.
Enjoy and catch ticks.
