📝 Breakdown
Gold made some strong bearish movements the past few days. If we look at our MTF dashboard, we can see that market structure is bearish on the H4/ H1 and of course our current timeframe M20. We are going to follow structure to get the highest probability set-up. What we can also notice is that the smc indicator gave an H1 supply zone, we refined it,...
In this Sniper Analysis Set Up:
Price is predictable.
As Snipers our job is to predict the move BEFORE it happens then set up your strategy to trap price into your set up.
As Snipers we have many set ups.
We call this "Dust Off My Shoulder Play."
Price will long into our RED ZONE DROP for the short trade of this session.
As always NEVER OVER...
The DXY is a Sniper's ISR (RSI in REVERSE)
We know that makes the yang most US BASE PAIRS.
Therefore we leverage this objective wisdom in the markets as we formulate strategies and formulas to trap price and ride the TREND$ into the promise land of PIP$.
These pip$ are only reserved for Snipers and BIG MONEY.
So the narrative for this set up is when yang goes...
Seriously though... I do not see to many people talking about this scenario. I am not a financial advisor, and if I am looking at this chart correctly it looks to me the bottom may be in, but many professionals are over thinking the scenario with the inflation worries going on and the higher chances of a depression and further sell offs. What if they are wrong....
Looks like we may be retracing from the previous C wave. Sell volume decreasing on the last two candles with some bull volume coming in on the current candle. RSI is in oversold territory on the weekly, daily, and 8 hour. Current candle is a flat bottom so far. MacD may also be losing momentum. The current candle has formed bullish right after an indecision candle...
Looks like we are close to the end of the C wave on the daily timeframe. Sell volume is decreasing on the 2 hour timeframe with the current candle painting bullish (doji) at the moment with that in mind. We are in a session high volume area on the 2 hour timeframe. On the daily, we are potentially recovering and entering a retracement to the current wave and I...
I wanted to publish this earlier. I did enter this trade at open so be careful of any pullbacs. Looks like we may be done with the C wave of the elliott wave.I want to see if price can retrace wave B between 50 to 61%. The current daily candle has some buyer volume in and the previous candle is bullish with high sell volume. Keep in mind that RSI is oversold and...
This is the narrative:
The highs and lows get swept at certain times of certain sessions.
When this happens you can leverage this wisdom on a 4hr TF.
When you see a Market that is ranging at the top or bottom of their range; simply apply the 4WD Formula and watch Price line up with your set up.
Your opportunity presents itself on the drop candle. A SNIPE entry...
What you think about it 🤔😂 ! But wait ✋ think about this analysis seriously or regret later 📉📈🔥....may be it can be take off on right now price ( between $17k or $20k ) 🚀 as compared to March 2020.
also btc big f*cking rally coming soon (In 2024 📈🔱) so best of luck 😉👍to all. Stay tuned ✅💸.
Looks like we have a strong wick rejection right at the 200 ema on this timeframe. We could potentially be at the start of the C wave retracement toward previous low. We are oversold on the RSI and the Mac D is just about to cross so we might be a tad bit early on this trade and could possibly gain more bullish before the retracement is true just being honest....
On an analysis earlier that I published, the DXY may be ready for a retracement to the previous wave low. Now reeling back in on the VTI Looks like we may be close to being done with the C phase on this timeframe. Wave C has so far retraced Wave B up to 161%. I don't want to get too greedy until we see economic indicators start to peak out. However, I would like...
Looks like we are in the middle of wave 5 of the Elliott wave. It may take a while for this wave to "potentially" retrace to the previous low of wave 4 up to 38%, 61%, or 100%. I would love to see that. I personally believe that we are getting closer to peak inflation although there are other factors contributing to the dollar's strentgh. From last week's reading,...
Looks like we are in the middle of a C wave of the Elliott wave. I want to see if this current wave (if valid) can reach the 61% or the 100% of wave B's high. Price jumped bullish at the double bottom located where the circle are. We may be a tad bit late to this trade. However, there is low sell volume on the current candle as we are also oversold on the RSI...
Potential Double Bottom on Daily Timeframe. We may be in the C phase of the Elliot Wave so I want to see if we can retrace the previous B wave at the 38%, 61%, or 100% level. The current daily candle has low sell volume. We are also at and oversold point of the RSI as it is attempting to cross up past the 20 level. MacD has also crossed the zero line and may lose...
SHIB has given breakout above descending triangle chart pattern and after breakout it if forming a double bottom but we will take entry after that trendline resistance.
