On ES the price breakout wide consolidation in the previous trend direction. Now the price returned back to the breakout point (retest). If the price will holds above 2753.25 (high level of the balance) we will buy (option 1). But if the price goes below the middle of the balance (2722.5) we will sell it (option 2).
GC is on the lower balance level on H1 timeframe and it's consolidating. If the price breaksout balance1 we will buy
Hi, friends. It's funny to read different analysts prediction about the price of $3000 per 1 BTC or $25,000 per 1 BTC. The real fact is that no one knows this. We do not have to guess what the price will be in the future, we must to trade the present, the current market conditions and enter into the market in the same direction as Big guys (Smart money, Big...
Hi, friends. What we have now on EURUSD? The pair is in wide main-balance with range 1.2215-1.2520. We can try to buy from the lower balance level (1.2215). But this signal is not so strong, better way is to wait a confirmation (false break or big volume) on this level. Also, we can buy with a short stop-loss if our mini-balance goes up (retest 1.2360). But the...
Cl came to a strong level of H1 and is flatting now. If the price breakdown balance and will return back to the lower balance level we'll sell it
Hi, friends. While Bitcoin is growing, the Ethereum remains at the same place. Why is this happening? Let's find out it. ETH is in main balance which consists of 2 another mini-balances. For mid-term up trend the price must to breaks out and holds above level 1000. Best way is to waiting while this main balance goes up and then buy ETH on correction to balance...
Hi, friends. BCH have a good opportunity for buy. If the mini-balance goes up then a new uptrend will begin. You can search buy opportunity after breakout 1381. But if false break out happens and the price will return back into the balance you need to close position immediately. Trade recommendation: Entry point: 1381(conservative - buy limit after breakout and...
After the balance goes down the price is in down trend. If the price will return back to the lower balance level we'll sell it
Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached...
EURUSD is in balance (consolidation) now with a range levels 1.2218-1.2295. In Friday we saw a false break down of this balance. What to do now? There are 3 options in this case: p 1. Trade after consolidation will be break up. If the price breaks out level 1.2295 and holds above, we must wait for a correction to upper balance level and than buy. p 2. Trade...
We are in balance now. If the balance goes up then a new uptrend will begin. So if the price breaks out level 1335 and holds above, we must wait for a correction to upper/lower balance level. On intraday chart we have a strong bullish trend. Trade recommendation: Entry point: 1352 (buy limit) after break out. Stop: 1140 Target1: 1600 Target2: 1750 Target3:...
Hi, friends. Do you know why it is so difficult to trade bitcoin now? Because we have a mini-balance inside the main balance. Our main balance has a range 6000-9500. Our mini-balance has a range 7850-9000. If the price breaks out level 9000 and holds above it would be a good sign for further BTC growth. But for mid-term up trend we still need to break out...
Hi, friends. What to expect from bitcoin now? Let's find it out . What do we have now? After first fixing volume (point 1) the price shows bullish reaction. A correction wave after first fixing often indicates a possible new balance level . After some time we saw a new large vertical volumes (point 2) and then the price came to the point where we are now. In...
There are 2 options in this case: 1. Trade from the balance level in the previous trend direction. (previous - down trend) 2. Trade after consolidation will be break up/down. Trade recommendations: 1. Sell after balance high level will be false broken. 2. Waiting for balance will go down then we'll sell it on correction to balance level.
After fix volume we have a balance (wide range, consolidation). Better way to trade in balance - from one side to another, and best of all in the direction of the previous trend. So, for now on EURUSD it's better to wait price on good supports level at the bottom of the balance.
Hi, friends. BTCUSD is in the wide consolidation (balance1) with a range 6000-9500. On intraday charts we have an up trend. And it's a good opportunity to take some profit. For good trade we need a strong support level and I think level 8470 will be stand. But If false break out happens and the price will return back into the balance2 you need to close position...
EURUSD is in balance now. There are 2 options in this case: 1. Trade from the balance level in the previous trend direction. (previous - down trend) 2. Trade after consolidation will be break up/down. If the prise stays within balance it is a good idea do not trade at all, otherwise you'll get a loss. Trade recommendations: 1. Sell after balance high level will...
BTCUSD is still in downtrend. The price made a correction wave and now we expect a new wave of falling to level 7250. If the price breakdown 7200 next supports level are 6500, 6000 and 5700. Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in...