Setups are not guaranteed, considering the recent attempts at a trend change by bulls could hold things up now. Wish I had seen it sooner. Interesting possibility of a trending pattern though. A pattern of trends? A fractal forest for the trees. Do with it what you will.
I mapped the bars pattern from the BTC market cycle tops. I projected where the price action might go by inverting the top pattern and then matching it to the current price action by stretching the pattern. It says we will stay around this range until July, then will pull back to 20k by sep/oct, rally Oct/Nov to 25k, pullback dec, 15.5k lows through march 2024....
Most of us are familiar with the 5.3 theory with diminishing returns. It's been a fact for a very big period of time. But it makes no sense to contunue like this with the same top to bottom percentages. It literally would mean a lower lows and lower heights. What is the argue with this being the case?
Fibre Still trading inside the daily bullish range, we have seen price build some liquidity and sweep. As a result, the H4 chart is now bearish signalling a pullback is in order. I am monitoring if price will want to take the recent swing low out and if we have a reaction shifting the 4H structure back to bullish. Should price trade lower, close low and not...
I can easily see gold back towards 1926 before moving back up, but only if price manages to close below 1929 on the 3 hour chart. On the other hand, if price breaks above 1933, we will most likely see gold back towards 1940.
Attention, traders! Prepare to seize a potential trading opportunity as we explore a compelling idea in NASDAQ Futures. Join me as we delve into the details and potential rewards that lie ahead in this bearish scenario. Trade Overview: We are looking to initiate a short position in NASDAQ Futures with an entry point at 15,097.25. My analysis suggests the presence...
Btc Price at HTF OB and the price takes ssl on 15m Lower Time Frame and got Market Structure Shift So taking long Trade targetting to External Liq.
Goldie June overall has been trading in a range, weekly inside bar created, price failed to take the high suggesting the supply is still in control. We have now finally broken lower than the previous week range and closed lower. H4 Interesting price action, the demand areas I have marked are creating some nice reaction points, still no solid break of structure on...
The pair is reaching towards our POI for liquidity, it has form a correction and a fair value gap was created on the 15 min time frame, we waiting to take out that fair value gap for our buy position
Attention, traders! Prepare to seize a lucrative trading opportunity as we delve into a compelling trade idea centered around a gap in stock ZYME. Join me as we explore the details and potential rewards that lie ahead. Trade Overview: Our entry point for stock ZYME is at $6.69, driven by the presence of a significant gap in the price chart. Gaps often provide...
Practice on USDCHF chart, find imbalances and rebalance, where price want move, what is market structure
How i look at the price action and trade. Different time of day, different strategy in place
Greetings, Traders, We present to you an analysis of the GBPUSD 4-hour chart. Our observations indicate a recent bullish movement, as we successfully surpassed the previous high at 1.2680. However, it is worth noting that despite encountering resistance at the breaker block, we have not yet surpassed the current high at 1.2850. As a result, there is a likelihood...
This is the explanation in romanian for my view on Gold. I expect buys soon, but at the moment we need way more data in order to not trade in a counter trend. We need more confirmations from 1924-1926 before price manages to confirm a push towards 1940-1950 area.
The divergence along with overbought of this currency pair can have a good downward correction. What is the reason for this correction? We will wait for the data and speeches.
In this video I'm explaining all the reasons why I've decided to take a counter trend trade + its management, so enjoy!
Fibre Intraday short, targeting premium demand zones to see if a push higher can be achieved. Risk entry taken from lower timeframes, we have news this afternoon, be sure to protect the positions
hi every traders, I think that after sharp upward of eur/usd i think cuz the S/R level around 1.1 is reached and RSI is above 70 % and fractals show bearish . guess that price calm down to 1.095 1.098 to 1.095