In this video we will look at Bitcoin weekly timeframe but this strategy work for 1h or 4h or 1d(timeframe must be greater than 1h)
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here. Allow me to show you how I do it.
Am I seeing a Bearish Pennant? Has price brokent structure to the downside, and now retracing to supply? I see the argument for upside, but I believe the PA is showing further declines are imminent. I would love to get some feedback on this analysis. Share your opinion and your ideas for BTC in the comments section. Thank you.
Gold is still in correction, ranging. I believe there is an opportunity setting up, as price has broken structure to the downside. The move that follows is where we we follow the footsteps of Institutions to profit. This is the buy-to-sell move. Short term buy to a longer term sell.
There is a short-to-long move here for the adventurous. ; ) For more analysis, hit the "Find Me" button below to check out my channel. Hit the Like button for more free trading education and analysis.
Bitcoin hit the Weekly demand and reacted bullishly from there. Looking for a retest of the bullish order block, then continuation of the bullish momentum.
GJ has bullish momentum. I am looking for a pullback to one of the two order blocks below price. Look for a tap and go if it retests one of the OBs.
Price gave us the entry confirmations we were looking for, as described in the previous video. Leave a LIKE and COMMENT if you benefited from the analysis, or have any questions regarding the trade idea. Thank you for your support!
Price has entered a Demand Zone, and may reverse here for a nice short. Wait for the proper transition from bullish to bearish momentum to confirm an entry to sell. No confirmation, no trade.
Just a follow up to November's outlook. It is interesting to see the price playing out as anticipated. I could say "predicted", but don't want to sound like a D_ck! 😁 So let's see if price gives some clues as mentioned going forward. Dam! If I am right for a third time in a row I may just have to write a price action book or something 😅 Be well and happy and safe...
I misjudged the the Inverse H&S, the most recent evidence of price transitioning from bearish to bullish momentum. I am adjusting my analysis based on this update. I do believe there is an opportunity about to present itself for a long position, for those not in the buy currently. It requires patience, but if we let price come to our POI without jumping the...
Price has invalidated the right shoulder OB I highlighted in the previous video. It has reacted off of the "head" OB, forming a double top, formed an engulfer, and is now retesting the base candle. This may lead to the bearish PA I was hoping for.
Gold had a recent break of structure to the upside.... so a return to impulse is expected. This would represent the HH, then the expected HL. Simple setup. Watch out for the key level I highlighted, as that could turn price around, creating a higher HL, if you will. Overall, I am looking for more Gold strength this week.
NZDJPY has been one of the strongest currencies for the last several days, while the JPY has been one of the weakest. This may change come with BoJ news on Monday. Rates may stay the same, but just be aware. Price made a HH, and with a RTI (return to impulse) expected, we can short to the expected HL. There, we can take the more significant swing trade for a...
USDCHF has entered a demand zone, and may potentially reverse here, as it returns to impulse. USD is weak against CHF, so I do expect further declines in the upcoming week, at least for the short term. There is a day trade for a long position to the bearish OB above.... then a more significant swing trade to the downside from there.
Nas100 entered our POI and showed the reversal pattern. Price dropped quite nicely, and has now retracee. Is there a second chance entry for short? Hmm.....
AUDCHF has broken structure to the upside. We can see the HTF structure is looking to make a HH.... but my team is looking for the "return to impulse" that comes after a BOS. We want to trade that short.... down to the demand... where price will make a HL.. Then the team will look for the buy there, and take it to the following HH. Check out the vid if you're...
CADJPY has entered my POI. I am now waiting for it give indications of a reversal, so I may find a valid short. If price stay strong, making the HH even higher, I wait. Patiently. It will pull back at some point, to make the HL. This is dictated by HTF market structure. I wait, patiently, for confirmations. No confirmations, no trade. NOTE: I didn't...