The BTCUSD price has just completed wave 2 and is on course for a fine wave 3 (broken down into 5 orange sub-waves here), supported by a bullish divergence and the break above the weekly Ichimoku cloud. Wave i could continue its ascent before hitting resistance at 32k. Wave ii would then retrace 50% of wave i to bounce off the 2021 double-top support. Wave...
Dollar index has been showing signs of weakness for the past 4 weeks. A break below 105.5 level likely to cause the index to fall to 102. However, if the index is able to close above 107.7, a retest of 110 is expected before further weakness of the index. N.B! - DXY price might not follow drawn lines . Actual price movement may likely differ from the forecast. -...
Wednesday I took 2 buy positions and was floating in profits then went against me and hit my SL. My thoughts in the morning - I wanted to look at longs and target Tuesdays highs as liquidity before going short for the rest of the week and target the daily BISI and equal lows as mentioned before. I was looking for a short term scalp up, but little did I...
Logarithm. Time frame 3 days. In a month there will be the last unlock of coins in August. Now the price is in the price zone - ICO 2018. The accumulation channel is currently 431 days. A fractal structure is observed with a previous exit from a local triangle. He showed two options for a local interchange in the accumulation zone: 1) exit from the local...
This chart uses different tools to study how Bitcoin's price moves. It looks at trend lines, Fibonacci levels, and a fractal from the 2020 Bitcoin event. Elements: Fractal Pattern (Yellow Ghost Bars): Prominently featured are the yellow ghost bars, which represent a fractal pattern derived from the 2020 Bitcoin halving. This pattern serves as a crucial...
GBPUSD! N.B! - GBPUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
Hello Traders, i find a great daily Setups on NQ there's The 1 & 2 both of them are on a premium Price Action and Still unmitigated Candlestick which one do you think we will be taking ?
NOTE: Following is interesting stuff but don't take this seriously as this is just for fun. I love market symmetry and use it to make models that predict what certain assets may do next, it works as long as model and symmetry remains intact. Chart is self-explanatory, but still there is a lot going on so let me break it down. This story began on 12th...
After every BTC reward halving, BITSTAMP:BTCUSD had always reached its new record. It can be in a year, but I am sure that we are in the bull run which leads us to the moon. I am also very curious if my prediction will be true.
Am looking at the minor structure shift on the lower time frame and if the idea works I can capitalise on the shift in order flow, we have high impact news this afternoon so will review market in the NY session.
Hello Traders This is The FX:GBPUSD LONG ENTRY SETUP it all looks good for now to take this setup we where on a downtrend Movement, we break Strcuture on MUltiple Higher timeframe such as DAILY, 4H, 1H multiple times so i'm confident to go Long in this setup if the price reach that Daily P.O.I and swap that LQ the Triple Bottom, If you Agree let me know
Hello Traders, The OANDA:XAUUSD Continue the movement to the upside due to fundamentals and respecting the technical analysis for bullish movement we break many Structure all the way app it riskier to Counter Trade it better to go with the Trend or we have to wait for Solid Confirmation for the Reversale or Shift in the Structure, for now we still have the...
If the uptrend breaks and can still hit us, that would be a huge RR
Hello Traders We Didn't break above the High on 1933.19 Maybe we still gonna push toward the current Low on 1905, this is a short Setup Entry Model if you Agree Let Me Know See you on London!
BTC - BITCOIN LEGACY - the big dog took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference. its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense. maybe a good long term map here; im...
Good Afternoon everyone ! Today we practiced patience and reading price action. I started looking at the markets at around 8:30 NY Local time (7:30 Houston time). Read where we have been consolidating for London between 4pm yesterday and 5am today and its almost as if price was waiting till 8:30 NY local time to start making a move, at this time I have no...
Watch-out for a break above above 1.06171 for fibre... N.B! - EURUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #eurusd #fibre