OIL is currently back around the mid range of the higher time frame range. Annotate your charts similarly to the GOLD idea updated earlier this week and watch how we react to the current levels we have. We do NO bias from a general perspective and we will trade what the MARKET GIVES US. PLAN - PATIENCE - EXECUTE Highs of range: 82.32$ (October 2021) Lows of...
This post a SPECIAL ONE compared to my previous uploads. Instead of giving out my thoughts I invite you to note these levels on your charts and look how we react to them in the coming days and week(s). I have taken a short day trade on gold and closed all at the current lows. Note the range levels I have on my chart (refer to the candles - if you are using...
BNB has as expected taken out 230$ and is currently sitting around the lower part of our trading range (red range). Hope some of you took the trade idea !! Similarly to the SOL plan, expecting BNB to give us a push back up to fake out the longs before heading to lower prices. IF we break below the low of the range expect 200$. Personally tape reading BNB and...
SOL currently redistributing in around the previous highs of the range. Entered a short position at 17.467$ expecting a deviation and further downside. Current range is clearly defined with blue box as current point of interest and possible deviation zone - last high move before we broke down. These are the current highs capping the market. Expect the...
ETH has perfectly reached our first tp and we will expect a retracement before any more action. What do we do now? We are still below the resistance area so the plan remains straightforward and will be applied in correlation with BTC and its ranges. ----------- Remain aware of the BTC liquidity sitting around 32K-33K ---------- High of range: 1900$ Low of...
OP has gone according to the plan so far BECAUSE BTC has given us the signals we expected. So far all is good for shorts. Personally entered 3 different positions (avg position entry sitting at 1.35$. Taken some off for now and stops at be (breakeven). Expect a push up towards the yellow box. As long as BTC continues to fail to create new highs the crypto...
BNB is retesting its previous POI's. Mid range is currently sitting around 241.85$ and currently acting as resistance. IF price fails to hold above expect a retest of the lows around 230$. Highs of range: 254$ Mid range: 241.85$ Lows of range: 230$ The plan will go hands-in-hands with the BTC ranges. IF BTC pushes up and creates new highs alts will follow....
ETH is retesting its highs like the rest. Question remains... what is next for ETH? IF we break and hold below our current highs around 1900$ expect a retest of 1850$ and the lows of the range at 1735$. The plan is straight forward and will be applied in correlation with BTC and its ranges. For now on the sideline and waiting for PA to show us the way....
OP is continuing its downfall since our last OP trade call. Similarly to BTC and the alt coins OP has retested the highs of its range and currently on the elevator down. Highs sitting around 1.41$ have been deviated to perfection (as witnessed with the red line and the black order block). All longs are trapped and currently holding on to losing positions....
BTC is currently retesting April's highs. (note: the same highs and POI which have lead to 25K). The question remains ... what is next? SIMPLE PLAN...PATIENCE....EXECUTION OF YOUR TRADE For context we ARE STILL IN A RANGE. NOT BULLISH - NOT BEARISH... WE ARE TRADERS Lows around 29K Mid range around 30.7K Highs around 32.5K IF the weekly close holds above...
As noted by the yellow boxes we are currently finishing the second deviation on the low side of the range. Expect a retest around 0.30$ and we will see from there. IF we hold above 0.30$ we will go higher towards 0.32$ For now waiting and tape reading and expecting a deviation of 0.30$ before going lower. Any reclaim and we will look for longs towards 0.32$ at...
DXY currently retesting the lows and grabbing liquidity. Expecting a clean push up from these levels as we reclaim the yellow box. IF we reclaim it we should see some nice expansion to the topside as we have been mentioning for the past weeks. Anything below 102.515 and we might have to cut the shorts for now and re-assess. FOR NOW plans remain unchanged and...
MATIC short I have been in for a few days already. PA squeezed up a bit to the topside and we have resumed going to the downside. As always keep it simple and logical as we only trade ranges and their extremities. Expecting a decent flush from current prices based on the clean invalidation sitting around 0.6800$ Will look to add to my position below...
BTC trade I've been in for a few days already. We are finally getting some move to the downside and it should bring the rest of the crypto market in its downfall. As always, simple range trade. Deviated the highs sitting around 26250$ and now going for a retest of the lows of the range sitting around 25500$ Expect further downside for the time being....
BNB currently failing to create new highs. Entered short at 237.90$ and looking for lower prices in the coming days and week. We should be printing the top this week and send lower aggressively after. These exact same ranges can be used for day trades - from RANGE TO RANGE For now sImple range play, deviation, failure to close higher and continuation to the...
BTC has broken out of the range and we are failing to go higher for the time being. Entered in an aggressive short at 25965$. Expecting some possible more upside. Fine with it considering that we are playing within higher time frame ranges. I do not mind being underwater for some time as long as my higher time frame levels are respected. IF we get back into...
ETH has given us our trigger after having traded through 1815$. Entered short at 1830$ TP 1800$ TP 1780$ SL above 1840$ Expect a strong move to the downside and possible new lows. DXY still pushing up and should not fall below 104.400 - 104.200. Stay safe and never risk more than 1-5% of your capital per trade. The analysis is merely a price action based...
ETH currently trading back towards the 1H void gap (yellow box). Expect it to be traded through and deviate before retesting the lows of the range. Void gap sits around 1815$ Bearish plan remains the same and will look to start opening short positions around 1815$ Hard stops above range high Entry after deviation of 1815$ TP 1800$ TP 1780$ SL above...