Monday is what I use as a baseline for the week. I don't trade Mondays. Here are the important levels I am watching for the week. We are at a critical point and could see many surprises. However I would like to see price not go higher than the two dashed red lines near the center, for some further retracement. there is a Daily FVG just above the first one. Any...
Trade Idea for CHF/JPY Bias: Counter-Trend While the underlying fundamentals may favor a bullish move for CHF/JPY, there are compelling reasons to consider a counter-trend trade: Bank of Japan's (BoJ) History with USD/JPY: The USD/JPY is inching closer to the significant 150 level. Notably, in the past, when the pair approached this level, the BoJ stepped in to...
Prepare for a potential market shift that hinges on a compelling fractal pattern traced from May to July 2023 on the ES/MES futures chart. This analysis centers around the exciting prospects of a Santa Rally and a looming impulse wave higher, all rooted in the echoes of that distinct price action fractal. The May to July 2023 Fractal: Our analysis is anchored in...
We definitely saw a reaction after tapping into that daily FVG above. I expected a retrace after that. now we have to see if it finishes this as a small retracement or puts in a surprise new low for seasonality. Price could retrace to and bounce off those FVG's or go past the last two lowest lows for a surprise. We will know more after today and Monday. these are...
Today I saw a headline that surprised me "The current bear market has become the longest in the history of the crypto industry"📰 And I had a question about whether they were living in the past, or where they saw the bear market.🤔 💡I want to remind you that it ended with a duration of exactly one year, just like the last cycle. And it was much shorter than in...
Levels I am watching for Friday- shown with daily FVG to be more clear about points of interest. Dashed Black line is the 50% line of yesterdays move, denoting premium and discount. Black heavy lines are yesterday's H/L It is yet to be seen if the final October low is in. It is possible to have slightly more expansion, with a deeper retracement beginning next...
Chart refreshed after today's price action. Dashed orange is the 50% line of yesterdays move, denoting premium and discount. Black heavy lines are yesterday's H/L It is yet to be seen if the final October low is in. It is possible to have slightly more expansion, with a deeper retracement beginning next week or we could retrace tomorrow for a new lower low. For...
Watching reaction when we tap into daily FVG above. Will price retrace lower ? will it retrace lower and then bounce? Oct 13 was the low last year, it signaled the seasonal low before taking off to the upside for Q4. I am watching carefully now to see if we stick with seasonality trends. CPI/PPI/ other economic numbers could propel us higher or lower.
Introduction: This year's Bitcoin Amsterdam event was noticeably quieter than the previous edition, potentially indicating an upcoming bull market. Let's explore the current status of Bitcoin and its comparison with gold. Visitor Numbers and Market Sentiment: This year, the attendance at Bitcoin Amsterdam was significantly lower than the previous year when...
seasonal trend tells us that the euro is in a very dangerous state, until December
No one can convince us that gold will continue to fall, because it is gold. For big investments, we can start buying gold without fear and Stoploss
You say "What do they have in common"?🤔 At a minimum, Bitcoin and elections have a similar 4-year cycle. From past posts, we know that the stock market is quite often correlated with CRYPTOCAP:BTC , with some minor exceptions. 💡Also, the correlation between the SP500 and the election cycle is already well-studied. The tendency is that towards the end of the...
Update Oil 6/10 In my opinion, oil will gradually lose its value by 2030, but before it collapses, I predict there will be another strong increase following the crazy tyrant dinosaur model. combined with this idea >> And here >>
Days from halving to new all time high: - 1st halving: 56 days - 2nd halving: 231 days - 3rd halving: 203 days
Looking at today's Bounce with high Volume, the Nasdaq futures have again reclaimed 100 EMA on the daily timeframe. There is a very high probability that Nasdaq Futures will go higher in coming days and test 50 day EMA. If it closes above 14,809 tomorrow, then this is the trend reversal and we are again in the bullish trend. Keep an eye on the 100 EMA, if it...
Is it possible that Nasdaq is forming a long term cup and handle formation?
Aussie Volatility Index wreaking havoc on ASX. XJO ~6500 range & XVI ~20 range marked out as area(s) of interest for potential supply/demand dynamics, TBC.
this is my analysis for USDCAD based on the fib the zone is very good to Buy, as always risk managment is the key.