Rising prices from 30100 is like a miracle
Of course we are in. Zone 4hour protections and have a
Revirsal pattern in time low
but above it a two problem.big problem
It's my opinion and maybe false.you know
Here are my zones and levels for this morning, please update them as you go through the day.
Bears are likely to push price past the Asian low to fill the remaining imbalance (Blue Box) before returning to the supply gap.
In my mind, there is no way that we will see bullish continuations until this blue box is filled so I will avoid trading at this current...
ETHUSDT is at major support level which if gets broken ( I think it will) we will see very bearish movement to downside.
Why 600?
This is first support level which can show some sign of support .
You can see it pumped so much without any small pullbacks to feel imbalances in market and now they need to be filled.
I think it will break down because of bitcoin also...
So, I posted this ta few days ago with 2 possible trades and about imbalance above previous high which needs to be filled.
First trade I thought about taking didnt fill my requirement and that is for it to come at middle where my entry woudlve been.
It didnt happen, btc just tapped into that zone and went up.
But second trade if you had entry and sl marked you...
EURUSD is very bearish on bigger tfs.
On monthly timeframe we got lower high and also we broke previous low.
First bigger suport is at around 0.98 but main support and zone that we should se bounce of is at around 0.87
On 4h timeframe we had bos to downside and very good reaction from supply zone to continue bearish trend and break new low.
Ta is very simple...
Nice rejection and BOS from HTF supply, waiting for another pullback after the last BOS on the LTF to get a tighter entry!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate...
USDWTI H4
Saw a nice hold up on the D1 yesterday on a clear area of daily resistance. Interested to see if this is the point of reversal, we have had a nice trading range for the best part of two months here.
Stops to cover wicks dated back to March 21. 6.5R trade to take us down to $95 as mentioned yesterday.
AUDJPY has recently provided us with a daily correction since its bearish impulse, the corrective move is currently about to test our area of confluence, with the 0.50 fibonacci and the horizontal 4H supply zone, we will be monitoring price action from a LTF perspective to see if the market will satisfy our entry rules BEFORE we can potentially look at...
The range on EURUSD continues and we're still expecting a downside continuation.
Today we have news for the USD and that could cause a breakout of that sideways move.
Stops must be above 1,0641 and in case price breaks out of 1,0484 then we would look for 1,0400 and 1,0350 next.
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My bias has shifted significantly since last night, price rejected the fresh demand and pushed all the way back to the weakened supply.
Due to the fact the supply has now been utilised 5 times without any successful pushes to the downside, I believe it is time for the zone to break to the upside.
We have two options, we can either wait and see if price returns...
✅ Potential long opportunity at the rejection above 1.0875 level.
❌ Long bias invalidated when price trading below 1.0830 level.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can...
This area is where I will be swing selling. The zone is trapped with buyers that need to close out of their losing positions to join sellers.
Once the area is met and an entry model is created I will update you all.
Have a great trading week gang! 🏌️♂️
In my opinion this is a pretty critical level to see where BTC is heading, as it's acted as critical support and resistance this year.
Bulls need a push back over 21EMA, while bears want to break this support targeting $31K next really demand support.
My bias is to the upside.
The market is likely to go sideways in the First half today, Not Expecting any Big moves
The Red Zone is the supply Zone and the Green Zone is the Demand Zone, I plan to buy in the Demand Zone (But not sure), so be active on this post to see my live positions and Trades
Do Support by Liking and Commenting on our Post as it motivates us to post more such...
Analysis:
-Trend = uptrend so any shorts will be counter-trend.
-Price inside weekly DBD Supply
-Price reacting off of 200MA
-Price reacting off of resistance line
-Any shorts would be against the strongest currency (USD)
See picture for analysis.
