Traders often talk about the need to be patient but to be patient, we must know what we are being patient for. That is why we have a trade plan and know ahead of time exactly where to enter, where to place a stop, where to exit, and how much size to put on. In this post I continue with our trade planning exercise of 30 planned trades by making a trade plan for...
The pound, like the euro, is in a long context, with clear work on fractal liquidity below. The main intraday target is the high formed on Tuesday.
Good morning, I plan to continue working in the long context following yesterday's trend. The primary intraday target is the Previous Day High (PDH). It is important to note that if the price consolidates below 1.093, the context will change to long.
GBPCHF daily inducement --> POI Mitigation. LTF gave some entry opportunities. What do you think? DBD = Drop Base Drop Supply Zone LQP = Liquidity Pool
EUR/AUD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. NZD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H...
Could this be the direction Jasmy is going? An idea I've come up with--. I can't explain much on the direction of jasmy. The break into the red circle and falling out only to repeat makes sense but once the graph passes the red circle there is no break, which makes sense. I used a previous incline wedge to measure a possible view for the future with a reverse...
NEAR USDT TO $12 Long accumulation phase on daily timeframe that finally broke out. A move like this could have potentially a lot of upside. We saw the same with AVAX a few months ago, albeit on the weekly timeframe. And we played AVAX when it was under $10 to catch that megapump upwards of $40. NEAR could go a lot higher, with $12 just being the first...
Imbalance has been filled, orderflow mitigation looking good. I locked some profits and lets see how this goes. What do you think? LQP = Liquidity Pool DBR = Drop Base Rally Demand Zone
As expected yesterday, the Asian session traded sideways. Nevertheless, the euro remains in a long context. I plan to initiate a position only after the liquidity is cleared below.
Thanks for reading this update. IF btc can gain below 67500 in the coming time frames with confirmations, then is BTC able to show a huge recovery trend which could bring BTC below 60K, to 56K Target. Even the ETF hype trend can go over as the AI, and it can become a normal trend as we don't have a hype trend for APPLE of other stocks at this moment. If we...
🔅SUIUSDT has showcased significant respect for the $0.51 demand zone, highlighting a crucial support level within the price action. Concurrently, a notable surge in volatility suggests an imminent explosive move in the near future. Analyzing the current price dynamics, particularly the bounce observed from the demand area coupled with the formation of higher highs...
Hello👋 📊Analyzing gold price based on Elliott waves and price action... The main and important range of support is $2150 and as long as this number is maintained, it will continue to be an upward trend. The market can complete this upward path in 5 Elliott waves, which we are currently in the 3rd wave The targets of wave 3 are 2213 and 2283, respectively The main...
✍️ Fundamentally, Manta token is due to the use of zkSNARKs technology, ⚡️ which provides private and secure transactions for its users. It has a great potential to have many users.💥 ⚡️Due to the great reception of people in the crypto space and the high capital demand from this network, as well as having powerful supporters such as Celestia, investing in the...
AUD/JPY Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Long Minimum entry requirements: • If 3 touch 1H continuation or 2...
Risky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR. What do you think? LQP = Liquidity Pool DBR = Drop Base Rally Demand Zone
In today's Bitcoin market analysis, we spotlight the virtue of patience as we anticipate the market structure to align for the next significant high. Utilizing the Gann and MTOPS trading strategies, we identify potential zones of strength and resistance, emphasizing the importance of waiting for clear signals before making our moves. This disciplined approach not...
grabbed some puts for a $507 gap fill on $SPY. Entered at the open push. Above $510
Waiting for DXY inducement to get in. Most of the USD pairs look like a short right now. Waiting for some reactions confirming my predictions. I don't predict in trading, I react to what I see. It either goes to the hidden base or it might just drop off the inducement and imbalance fill. Lets see! What do you think? LQP = Liquidity Pool