Price tapped into the daily fvg presumably creating the high of the day/week. Waiting for a sweep of liquidity on the upside or smt divergence on eu or dxy for a short entry. Target 1 to be the London low, Tp 2 on yesterday's daily low.
Bitcoin price action has literally bored market participants into a gelatinous state of perpetual apathy. That’s about to change. Why? 1) Price action and RSI resistance breakouts. See daily chart below. On the 8hr chart above (using Heikin Ashi candles for cleaner reading): 2) A trend reversal is evident with the first higher low since April 3rd. Green...
I see a nice gap up on Dollar Index. As always, chances are high that it will be filled soon. Approaching a key daily horizontal resistance, the Index started leaving bearish clues. I spotted a confirmed breakout of a support line of a symmetrical triangle formation on an hourly time frame. The Index may drop soon and reach 104.95 level. ❤️Please, support...
Bias Bearish. Yesterday price took out the Asian session in the NY. Today if price doesn't move High in attempt to fill the imbalance left behind Last week after the NFP, I am anticipating a move below yesterday's daily low. Entry on the 15mins fvg. NB: tomorrow there's FOMC so if price doesn't make the high of the week today (if it hasn't already) will be...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has continued to trade to the downside Price has now pinted a bullish CHoCH which indicates initiation of bullish pullback phase. Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase. ...
Since publishing the long idea in late August at $4.29 (orange circle) price action has zoomed up 1000%. Not bad. A number of reasons now exist to be short. They include: 1) Price action has arrived at significant support and resistance, $41. 2) RSI is @ 95 on the 5-day, 97 on the weekly chart. The highest in the history of this chart. 3) Price action is four...
1) The stock is in uptrend in all major timeframes. 2) The stock is in weekly consolidation since JAN 2024 - 4 Months old weekly consolidation. 3) The stock shows strong volatility contraction in Daily, looks poised for breakout. 4) Weekly,Daily,4H & 75 min RSI Intact - Momentum in play. Entry around 230, Best - Between 215-220. SL - 214 Daily closing...
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Took a short yesterday that went according my analysis. After a retracement and doing further analysis my bias is still leaning heavily towards the downside. The monthly nor has the weekly high been breach to make a new higher high. Right now, i'm looking at a rejection on the 4hr and 1hr timeframes that looks to be hitting resistance inside of a fair value gap....
a custom indicator to analyze measurements of all time high, all time low, lowest (50), and highest(50) settings. it appears from the information that jasmy is in a positive frequency of volume.
Friday's nonfarm payroll report took many by surprise to send the USD dollar sharply higher against all of its major peers. And that clearly took it toll on the Aussie, which suffered its worst day in five weeks. A bearish outside week formed, all thanks to an elongated bearish engulfing candle on Friday. AUD/USD managed a minor rebound from its 100 and 200-day...
On the above 12 day chart price action has appreciated 70% since late 2022. The outlook for future growth maybe about to change as the flood waters threaten to submerge the performance of this Munich based institution. Why the bearish outlook? 1) Price action and RSI support breakouts. 2) Volume is exiting the market following overbought conditions. See 2 week...
Pepe created fresh demand on the daily time frame. The zone is above the trendline, so we can use a buy limit order the first time. However, the second time, use confirmation
I believe we are about to see a movement many are just not expecting; whether that's to the upside or downside.... that's anyone's guess but if I was to put 50% of my chips on one side, I'd go for red.
Picking the low hanging fruit, aiming for $2,277 which is the daily sellside where there's more chance for pain to brew once attacked
Unlike other weeks, this weeks price action is much clearer with indicating where price action is most probable to attack. I'm betting sellers will be in for ALOT of pain this week!
Whilst is rare to see YM do it's own thing in comparison to ES and NQ, threes a good chance equilibrium will be met between the three soon..... the question is when. Targeting 38,350 for next weeks hectic price action.