Its more likely that AUDUSD continues to decline, however there are some minor demand zones that will cause pullbacks and you can catch them as a good opportunity to short trade..
Have Fun
..Kai..
P-Shape Formation = Short Covering + Strong Buyers
*Possible end to a downtrend if we can confirm the market structure change.
TP1> If we manage to Trade/Bid above MAIN POC 3905, I want to see a break above previous POC 3914 (BEARS LIS) to support the upside trade. After than we can go for 3934 > 3960 > 3980 3995.
TP2> If we manage to Trade below MAIN POC...
We have broken into a Naked Value Area, many opportunities awaits~! Let's see if the bulls can take control. Two key levels to watch before reaching the other side of the Value Area.
As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from...
Looks like we just broke into a naked value area from last week. There is a single print area just on top of this area that has been acting as support/resistance level. If we can break that after breaking the upside of our current value area, we could be heading up. Otherwise, we are going back down.
HKEX:HSI1!
Happy trading!
#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn
*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which...
NASDAQ:TSLA is paying within 260 - 315 range area.. which is not so wide range for TSLA. i really don't a serious selling in TSLA. CME_MINI:ES1! is near the low of this year (2022) , which 3650s area (June low). if ES run out supply, and i think it should, TSLA will bail out all of seller at 315 area, poor structure. let's watch this moves..
Important Levels for 04/08/2022.
2 beautiful trades for today, we captured the fall and then the longs, overall a wonderful day.
17500 and 17250 will be levels to watch out tomorrow, any break on either side can give good momentum.
Tomorrow, if we see a flat open, I personally wont recommend shorts immediately as there was a strong buying volume in 17335-17360...
Important levels for 04/08/2022.
Yesterday's analysis for today worked out perfectly and we got 2 good trades as per our levels.
For tomorrow's expiry 38400 and 37750 are the reference levels to watch out. The range from 37740-37810 has been acting as a good support zone and has been tested multiple times in the last few sessions. Similarly on the upside 38400 is...
Last Tuesday I was doing a review and saw that Friday the 27th we broke into a balance where we still had plenty of supply over 4143.75 and our position is below 4084.50 which told me that we will most likely spend some time around here to consolidate before we can confirm direction for the next move, Tuesdays close confirmed that more and I gave myself a range we...
Hi Everyone.
Thanks for reading my post.
Looking at the current price level that BITCOIN has pierced through which is the Low of 28850. This is a Bold INTERMEDIATE DOWN TREND LOW and piercing slightly below it to 26700 and recovering back above it has open a significant door to Long Opportunity.
I believe BTC is a Long term UPTREND and we have hit a level that...
Hello traders!
Today I would like to show you how to trade according to the volume profile.
The volume profile is another indicator and it shows the market behaviour each price levels.
Now (the price 29 300) in on the bottom of current market profile. It is the last support before next dump. In case of the dump is next suport around 23k and 18k.
The rally up...
This is how the market should move related to tpo value areaas learned in smb capital course because when price imbalances it goes to next zone where it can retest the edges and react from pocs
Picture perfect rejection of the 200 moving average adding resistance to the median line of a pitchfork I drew on the recent pivots.
The market profile served as my price for entry and a bearish hourly candle broke through it.
The stochastic RSI in overbought conditions adds extra confluence after the cross
Stop loss is a few pips above the 78.6 level of the...
Anchored at A: 24 Jan, B: 10 Feb and C: 24 Feb's pivots.
After forming a double bottom at point C, 28 Feb's bullish engulfing closed above the median line, so I marked the 50% level between point B + C to mark the validity level of my trading idea.
I am anticipating a push into the 3.4k area mid march before seeing a minor retracement back down to around 3k...
