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...
UPST weekly at all time low point of control stop loss $0 HODL
This is a potential Logscale Butterfly at the PCZ of a logscale ABCD after declining 50 percent from the low to high of the Butterfly on the first attempt at breaking the PCZ. This may be the second attempt to break through the PCZ which if it fails could take us down much lower towards BTC's lifetime POC.
The possibility of selling from the Major Resistance Level and Supply Zone. Sell on a false breakout! The target is POC level in Demand Zone. EURJPY – SHORT ENTRY PRICE - 146.550 SL - 148.000 TP - 142.200 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with...
Hypothetical scenario with potential fractal of Fisher Transform oscillator for the bottom price region.
Following a 3-day pullback from 93.64, WTI produced a bullish engulfing candle on the daily chart which closed back above the 20-day EMA. Given the strength of the rally from the 76.30 low, we suspect a corrective low has been found. The 4-hour chart shows that there was a lot of trading activity around 87.60 since the September low (which marks the volume POC /...
Swing shorts to 20900 and 20200 are a very good bet. These are NPOCs from July 5, 6, and 7. It is rare when the price does not return to a previous POCs, so they are very good targets. POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames) The volume at a...
That's my ultimate speculative map for a potential downtrend anatomy for LINKUSDT. We have a reversal Head and Shoulders top in formation, which a pullback to neckline can occurs in a retest of broken dynamic trendline. If the price remains bearish, a test of the volume point of control POC can be expected. Then a potential downtrend in a parallel channel...
As you can see strong dynamic level is broken up and in case of probable reversal I will long the pair around the demand zone. TP is around the VP of the last significant reversal which coincidence with dynamic level. SL is just below the zone! I think the long-term channel may be broken temporarily. We do have chance to short from the VP level.
Buying opportunity from Major Support Level and Demand Zone . Buy on a false breakout! The target is next POC level in Supply Zone. AUDUSD – LONG ENTRY PRICE - 0.67400 SL - 0.66700 TP - 0.69550 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a...
Consider the formation of North Impulse from Major Resistance Level. Buy on a false breakout! The target is next Supply Zone. GBPUSD - LONG ENTRY PRICE - 1.14450 SL - 1.13700 TP - 1.18000 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward...
This is what im expecting regarding $SPX price action for the rest of 2022. Some volatility to the upside for the first half of september due to a lower CPI, but still a negative one. After CPI report, market will puke.
is xagusd going to find support here on the 6 month chart? - mid bollinger band - corrective poc from ATH to 2020 low - golden pocket retrace of the move up - candle apporaching fibo circle - diagonal breakout retest
EURUSD H1 You can clearly see the Point of Control in volume profile, in that specific zone there is avoid of liquidity (asa IMBALANCE) and that zone will attract the price because big players will have to mitigate their trades. Anyway we see that price is trading in a narrow range now, we should wait a potential breakout and the close of a H1 candle above the...
NZD/CAD: Bullish Reversal running > breakout of bearish trendchannel > Higher-high-higher-low sequence established > weekly high broken to the upside > 200er MA in H4 protecting downside > next downward trendline fard away > POC volume below current levels The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our...
EUR/CAD - Ongoing Short Break > Bullish Trendchannel broken to the downside > last higher low invalidated > POC above current price > Small bearish trendchannel established EUR/CAD is the mirror image of CAD/CHF (which in turn looks long). The current market environment is rocky, so use proper risk management if you position yourself in the short direction.
GBP/USD: Continuation of bearish trend > Overarching bearish trend > Bullish correction broken to the downside > 200er MA + POC above current price > Bearish Engulfing Trigger + Follow-up candle Probablity of a short move high. Please manage your risk in the current markets. Markets are very skittish and irrational. We are trading with 0.5% maximum....
The Volume profile for the SPY is painting a picture of near-term resistance for SPY and using the breakdown of the august trendline as entry criteria.