Reacted of good from the breaker and broke an important 1h S/R level. I think it is ready to up about 20% will be taking full profits at TP
All of the info is in the chart. as long as we are in this range i am not looking to long or short bitcoin. If it manages to trade/close under that orderblock i will be looking to short it aggressively. Not long term just a scalp/daytrade. If it trades above the red line ill be looking for a long daytrade but i would want some more confirmation when we trade above it.
LTC has been leading the market with small and shallow retracements since Jan 2019. What is that screaming? A wave 3 push. Forecast: Short Term: waiting for a retracement and complex wave 4 correction before pushing higher. Long Term, the completion of wave 5 which should take us to the 0.5 fib level (around 160) of the Y move before starting the Z of a WXYXZ...
Waiting to JUMP THE CREEK off of the order block. Smart Money sold to buy and I am waiting for them to breakeven on the sell to push market up. Spread was WAY too big when the market opened yesterday, so I would like to see price come back to 0.94650 again give or take a few pips. Then we will jump in with the buy and ride it to the previous highs.
We just tested the daily breaker and liq void got filled where USDMXN is now rejecting from. You could short it here but i prefer some more confirmation so i would like the 4h orderblock to be broken wich will then become a breaker and i will short the retest off that breaker into the equal lows. Those lows are just to juicy not to be taken as many people their...
Sorry for messy chart. Horizontal lines are related to 4H bearish and bullish order blocks. Daily Supply Zone and 4H Bearish OB give chance for short setup. If position closes successfully, i am going to explain clearly why i entered this setup at comments section. I hope it goes well :)
Dear Traders all around the world! If you like my work, leave a like & hit that follow button! Current leg-up on NZDCAD could lead to a retracement on the 4D-weekly chart. A 2016 Nov' trendline matching with EQ of our bearish OB, 4D-RSI approaching trendline-resistance and overall price trading at OTE gives confluence here. 4D candle just closed below EQ and...
If you like my work, hit that like & follow button as it truly motivates me! From a PA standpoint EUR/USD is looking bullish. Took our trendline yesterday along with 200-MA and OTE of previous leg-up while retesting our bullish OB. Referring to the picture in the comments section; A pretty clean mirror. As a target I'd make use of 1.137 as overall OTE and...
Due to work on our webshop and app we've been busy for the last two weeks. Let's dive into it. USD/JPY got a strong weekly close along with several decent daily closes above 111.892. While taking out our 5th March high I'd make use of 112.929 as target. Upper-half of our bearish OB + 1.05 Fib-extension of bearish OB giving confluence here. Stop-Loss below EQ...
Neo finally broke a big daily S/R level here. I think it is ready to move up for a 43% upside potential maybe even up to 83%. I'll be taking the setup to an take like 70% profit at target 1 and let 30% run for the potential 83% gain. risking 1.5% so with a 7+ on my first target that would be a gain of my bitcoin portfolio off 10.5%
Stops got taken on the DailY where it then reacted from a 4h tiny untested 4h level. as you can see it also took at shorter-term stops on the 4h/1h. This combined with this bullish MS and my bearish BIAS on CHF I think this is a nice little long idea. Will look to compound this trade above that 4h (future?) breaker that ran out the daily lows.
To me it looks like CHF want to go and fill in that big gap just like the EUR already did. Reasons for it to back up this idea: - Well Gaps like to be filled most of the time - HTF Bearish MS now testing the 4h -OB - You say they ran stops above that 4h ob tight before we dumped so that is bearish - Stops ran on the 1h double top (you would see it better on...
With all of the bearish sentiment in the market $ADA is getting fueled IMHO to mirror the movement of it's Bitmex co-patricipant Tron. Price action hangs just below the daily S/R level and sooner or later with clean cut through the daily OB. Price got rejected at major trend line and confirmed overall uptrend. Overall I believe all Bitmex shitcoins will follow up...
I like what I am seeing here. Daily bullish orderblock held strong. It'll push up the ichi and do e2e at least imo. TPs and invalidation level are on the chart. I don't like using SL in these alt plays but I would place it under the OB you see on the chart if I had to.
$SPX Chart Dotted Lines = Wyckoff Support and Resistance based of 1W TF Red Rectangle = 1H Bearish Order Block (supply zone) Bearish divergence with BB%B (have not checked other price oscillators) Traded into 71% retracement (popular, i don't know why) Expecting a drop down to at least 2730.
my analysis in the xauusd ticker is short. while i am intrigued by the fact that we have reached the highest usual expansion point and also the highest usual retracement point for the current trend, there is a potential order block slightly above the retracement/expansion levels that i would definitely want to short. i would be short now except the fact that we...
USDJPY is in an uptrend, it is expected to reach 111,300. The price ah reached our optimal fibonacci levels plus the confirmation of our orderblock we expect purchases.