BTC has been consolidating this whole week, brewing for a big move. Looking at daily volume profiles. 26700 - 26800 level is key support, already bounced off twice - if broken we likely see a bear run possibly down to 25000 level Or we continue the Bullish trend started 2 weeks ago and heads toward 30000 level. Watch for break of recent highs. Any thoughts?
Release the beast my friends!!! Let's say #GOLD is 2000+ now
As we can see 2 green candles has closed in valuable range. I prefer long for XAU now. 🟢🟢🟢 XAU/USD is currently trading at $1,830, which is just below the key resistance level of $1,874. However, the overall trend for gold is bullish, and there is a potential for a meeting at the resistance level. In addition, there is support at the $1,800 level, which could...
🟢🟢🟢Long position on Bitcoin was initiated between the price range of 20600 and 21600 with TP: 22150 or 23000. The trade has a SL set at 20150 to limit potential losses. It remains to be seen whether the price of Bitcoin will rise to the target levels or fall to trigger the SL. SL: 20150 TP1: 22150 TP2: 23000 EN: 20600-21600 Happy trading guys! TraderB :)
Recently I added VRVP (Volume Profile Visible Range) into my Support and Resistance BTC chart. Something I found interesting in this was the Point of Control (POC) Previous cycle ATH is the most active price point for trading engagement. This provides me a fundamental insight that there were a lot of investors/trades were expecting retest of previous ATH. This is...
The two specific levels mentioned are 1.03462 and 0.98358, which are referred to as support zones. These levels are important because they represent areas where there is significant demand for the currency pair. 🔴🔴🔴 In this scenario, My trade is entering a short position on the EUR/USD currency pair with an entry point of 1.06197 and a stop loss at 1.07967. This...
I have created this GBP/JPY short market idea due to the favorable technical setup observed in the chart. The currency pair has been trading within a downward channel and the previous high presents an ideal point of entry for a short position. The liquidity at the previous high, indicated by the volume profile, adds to the confluence of factors supporting this...
Volume has accumulated around .91570 on USD/CHF sellers should hold this zone as USD/CHF pushes back up into this area. Short USD/CHF @ .91570 TP: .91200 SL: .91880
XAUUSD BIAS UP (Scalping trading timeframes 1m-5m-15m) Plan 1 Pink: It's possible that the price sideway between 1928 - 1925 and it will move up to zone 1930 or 1934 Plan 2 Blue: The price crashes through zone buyers at 1924 and downwards at 1920. When the price comes to this second zone buyers which will move up to zone 1925 or 1930 Plan 3 Orange: 2 zones of...
Bias today is down - I prefer to Short more than Long Plan 1: Sellers continue breaking by Strong Buyers Zone and price move down to 1912 Plan 2: Price is protected by Strong Buyers Zone and price increase to 1927, which has big volume from Sellers. I think we will see a litigation for this area but Sellers will take advantages and Price move down to 1912 Plan...
Here are my trade levels for this range Just looking for the usual market cipher confirmations. Mid timeframes printing momentum trigger wave or divergence. Lower timeframes printing momentum divergence with money flow waves getting smaller over time as price hits the level.
If the bitcoin price can retrace down to the golden pocket that is sitting just outside of the value area low of the range and market cipher is showing some mid time frame (20-30min) momentum divergence' with lower timeframes showing money flow coming up toward the 0 line and momentum divergence, then it it likely to bounce back into the value area making it more...
TP1> If we manage to Trade/Bid above MAIN POC 3863, we can go for 3880 > 3913 > 3924 > 3943 > 3965 > 3979 > 3995. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 12 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below MAIN POC...
TP1> If we manage to Trade/Bid above MAIN POC 3841, we can go for 3858 > 3880 > 3913 > 3924 > 3943 > 3965 > 3979 > 3995. >To the upside, the level I'm looking it right now is the 3860, that's the POC of those last 11 days, we need to trade/bid above so we can try to break the LIS 3913/3915, where BULLS are losing the battle. TP2> If we manage to Trade below...
TP1> If we manage to Trade/Bid above Main POC 3860, we can test 3874 > 3886 > 3905 > 3914 (LIS) > 3934 > 3960 TP2> If we open/bid below Main POC 3860, we can dive back to 3850 > 3833 > 3800. *We are gapping up already above 3874 and 3886, heading towards 3905 > 3914 (LIS).
TP1> If we manage to Trade/Bid above MAIN POC 3833,we can go for 3950 > 3974 > 3886 > 3905. TP2> If we manage to Trade below MAIN POC 3833, the downside is 3800 > 3779 > 3756. *All trades must be taken after IB (Initial Balance) 9:45am-10:00am
TP1> If we manage to Trade/Bid above MAIN POC 3857.25, we can test the upside for 3874 > 3886 > 3914 (LIS). TP2> If we manage to Trade below MAIN POC 3857.25, the downside levels are 3827 > 3800 > 3756. *All trades must be taken after IB (Initial Balance) 9:45am-10:00am
I got short Globex using a BEAR PUT SPREAD !! Here's the video with the explanation ...