Gartley Completion at D-leg may serve as primary buys, to eventually create liquidity for prices to go lower to mitigate deeper areas.
EURAUD H1 Look for SELL schematics at supply zone, otherwise potential BUYS at immediate demand zone.
EURJPY H1 - LONG Demand Zone > BOS > Confirmation before taking a BUY position.
GBPCHF H1 - SHORT Potential BUYS from demand zone. Ultimately pushing down towards H4 Demand @1.26000 area.
GBPCAD H4 - SHORT Wait for break of structure and pullback onto supply zone @1.71180 area. If there is confirmation, sell it.
USDJPY H4 Prices tapped into the daily resistance area @ 110.800, made a sell-side move, breaking structures, creating new lows and now making what seems like pullback before a continuation short. We identified 2 major areas for SELL positions, mainly @109.400 area as well as 110.300 area. If prices doesn't hit any of our crucial structures, we will be looking...
GBPAUD H1 - LONG Prices got rejected from a resistance zone, looking to test a BUY zone @1.79000 area. Aggressive and short term traders may look at this as a potential buy trading opportunity. If we do see a breakdown off the support area, liquidating orders lying beneath the trendline, we can catch a pullback SELL opportunity towards the major structure...
EURCAD H1 - LONG Tapped into Weekly Demand Zone Wait for BOS + Pullback onto H1 Demand 1:4 Risk to Reward
If we take a look back at the 2017-2018 Crypto run up and sell off the similarities in price action are eerie. I went through studying all the moves trying to find a proper price target based on measured moves with little success. However, today I had a realization, once BITSTAMP:BTCUSD was unable to rally, and a large liquidation through $30000, I realized that...
GBPCHF H4 - LONG BOS > Liquidation of orders Pullback entry after confirmation on LTF To clear the last swing high
AUDJPY H4 - LONG Prices broke out of structure, leaving behind an unmitigated area of demand zone, waiting for a pullback with an AC/D on the lower timeframe, before taking a LONG position if we see a structural shift, with the lower timeframe being in line with our higher timeframe bias.
Took out previous lows, rejection on 61.8 fib + 200EMA, clear bullish structure on the 4H. Entering on the higher low. Target at the next resistance zone. Bullish fundamental bias as well.
Very often it is only after the longs have been liquidated, after being completely demoralized when the last and most obvious support ($1.95) could not hold, that price can begin a new up leg. We shall see.
The manipulation process is complete, more institutional long positions are opened, a new market turn should occur with the first TP at 10705.
BTC is hardly trying to climb higher. I expect an epic downfall. follow me. YOU WILL NOT REGRET
Bitmex liquidation percentages showing where it can all go wrong..or right! LEVERAGE LONG SHORT X25 -3.38% 3.7% X50 -1.47% 1.55% X100 -0.49% 0.51% Knowledge is power, and power is nothing without action! :0)
Bitcoin dumped after the CoronaVirus Outbreak. BITCOIN JURASSIC MEGA DUMP But we will be fine.