Looking at the "flash-crash" that occurred on January 3rd, if we move to the 1hr time frame and box it off, that is where "smart money" got in and drove the price down. With this, smart money still has long positions in this area and are in need of mitigating their drawdown before we take back off to the upside. Watch price action in this area and pay attention to...
Looking at the "flash-crash" that occurred on January 3rd, if we move to the 1hr time frame and box it off, that is where "smart money" got in and drove the price down. With this, smart money still has long positions in this area and are in need of mitigating their drawdown before we take back off to the upside. Watch price action in this area and pay attention to...
Option A Wait for 1H market structure to break to the upside with a 4H candle close above as well. After a pullback and candlestick pattern you enter. Option B Wait for sellers' exhaustion to be present in the blue liquidity zone. Enter off momentum shift / 1H/15MIN candlestick pattern
Welcome to my first analysis TradingView'ers! After the bullish surge for bitcoin last week, there are reasons to be both bullish and bearish. Bitcoin has so far failed to follow up with another surge even though a bull flag pattern has been forming. Since the surge last week, the price has been trading in a downward channel, typical of a bull flag pattern. This...
Dear Traders all around the world! If you want to support me, feel free to like & follow or even leave a comment! I'm always interested in your opinion. Today we're crystallizing out important levels for XAU/USD, as further development could lead to decent R/R setups. As highlighted in the left chart, we have two main similarities. Our current swing-move is...
When $VIX SPIKES by more than 5 points and then RETRACES BY 75%, something VERY IMPORTANT HAPPENS. What is important about that? Well, one thing. When $VIX spikes, the market becomes ILLIQUID and options sellers run out of capital to provide liquidity to the market so that the prices of options have to INCREASE to bring more liquidity into the market. Why is...
Looking to short EURUSD to the previous month low, waiting for a solid entry reason. Patience plays!
X marks the Spot. For a Bearish Price Action, I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks. For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely. I am more...
X marks the Spot. For a Bullish Price Action, Still in the Range. We head back to 1.14750. We need to close above this Range to begin full Distribution. Daily is much clearer as it shows the False break above. We need a Weekly Close above 1.14750. For a Bearish Price Action, we break below 1.13000 and we may see 1.12000. I remain Bullish on this pair. 1st...
Monthly This candle is printing a massive wick symbolizing sellers' exhaustion. We could see it be filled through the next few months or leave those sellers behind and start to make its push to the upside. 7 more hours until this monthly candle closes. This monthly candle is rejecting a key level of support at 125 (Major Quarterly Level). The flash...
Possible LONG on this pair after it comes down to hit out BLUE BOX! If we do not see this or see an entry reason that means we do not see a trade!
X marks the Spot. For a Bearish Price Action, We may most likely head back down in the coming weeks as the Yen strengthens and pound bulls become exhausted. For a Bullish Price Action, a break above 145 Resistance zone on the Weekly and we may likely see 149.500. I am more bearish than bullish on the cross. Target at 139.800
X marks the Spot. For a Bullish Price Action, I expect this metal to continue its slow climb Higher. 1st Target at 1300 2nd Target at 1365. For a Bearish Price Action, a close below 1236 and I will be looking to open a SELL position. Target at 1196 I'll be looking to BUY every pullback above 1236. I remain Bullish on this commodity.
X marks the Spot. For a Bullish Price Action, I still expect some BUYing around 0.97800 Demand zone. This will be short-lived. For a Bearish Price Action, Liquidity has been tapped up to the 1.00900 region. I expect further SELLing pressure in the coming weeks. A break below 0.98000 and I'll be looking to SELL every Rally. 1st Target at 0.95400 2nd Target at...
X marks the Spot. For a Bullish Price Action, I expect Cable Bulls to resume control in the coming weeks. 1st Target at 1.33000 2nd Target at 1.43500 For a Bearish Price Action, If we don't hold 1.26000, next target will be 1.20400. My bias is Bullish so long as we stay above 1.26000
X marks the Spot. For a Bullish Price Action, I expect Higher Prices in the coming weeks. I'll be looking to BUY any significant pullback. Target at 0.77200 For a Bearish Price Action, I expect a slight rejection at the 0.73950 minor Resistance. This will be quickly faded. I remain Bullish on this pair. Look to BUY every pullback.
X marks the Spot. For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish. For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the...