Can see a pullback on gold, down to 1295 level. Strong daily support at 1295, should expect a bounce from there. In the meantime, staying in longs over here is risky. Cheers!
Heres to all the moon boys calling for a rally on bitcoin.... If price taps the resistance block marked in red and makes an SFP on the daily, ill be shorting it. Look at how there is a swing high "crouched" just below the resistance zone, its a clear setup of making breakout traders go long as price runs into resistance before it gets dumped again. Target-...
Not even a single weekly candle managed to close above the range high, all it has done is smack itself on the range high and get rejected, thats a macro bearish signal, at least to me And we should be heading down to quarterly mid range level where we have a weekly bullish Orderblock which needs testing for support. I marked out the level where we are seeing...
Bitcoin decided to make a decisive move past the red zone, acting as resistance previously. Broken resistance- 3970 level Approaching resistance levels- 4174 and 4241 Ideally we want to see the red box hold as support on retest. Will be looking to long on the retest of red block
Etherium is the hot favourite in crypto, if you aren't looking at it, now is probably the time to start paying attention. The bottom is in on the daily and weekly, .05400 near term target on the daily. Let the show begin!
Mark these levels on your chart and what what price is doing around these levels on 4 hour chart. 6000 5238 4490 3749 3003 We will be playing with these levels for a good portion of 2019, better get them sorted in your charts.
After an explosive move down, GBPAUD left a big liquidity void and we all know how much GBP loves to fill liquidity voids, lower time frame is showing bullish price action and making a breaker on the 15 mins after taking out previous swing low on the daily. R/R setup is great for a long, has a massive upside if trade goes in our direction
Descending broadening wedge formation observed, or what I like to call it as- Muh Tasty Megaphone Price should blow out of it tomorrow, keep an eye for breakout :)
EURUSD is trading within daily resistance zone and has shown its hand of being bearish. This is a very tight stop loss trade, should be a great R/R if it plays out
GU wicks have been crazy, but we cannot ignore the fact that it has failed to close the 4 hour candles above key daily level, that keeps my interest peaked for a short, now that brexit hype is over and DXY is hovering around support. Targets are clearly marked, entry for a short at key daily level marked in red and stop loss is flexible for me. I would like to...
Gold jumped from equilibrium level of daily bullish Orderblock, if the daily candle closes like this, we should expect a clean rally up to 1243.
This pattern looks like a classic quasimodo pattern, which is indicative of institutions flipping their positions to shorts... Expecting a pullback to the blue line and eventually it should dump as US dollar index looks to rally hard
This is one of my favourite setups. Price made a clear stop run into the bullish 4 hour orderblock and then rallied up and took out the swing high, breaking the market structure to the bullish side. Now all we gotta do is WAIT! Wait for price to come down to .618 fib and .705 fib, which would be a great R/R long setup targeting 6600 level
SPX500 traded into the 4 hour bullish orderblock and finding support over there, we can see a nice push up to squeeze bottom shorters out. Expecting a retrace to .705 fib in the chart
Bitcoin shoed a decent bounce from 6150 support level, on short term the market structure has seen a bullish shift in market structure, I would be happy to take a small long position, targeting 6600 level after seeing a retrace down to .705 fib level
XRP has showed its hand and it wants to be bullish, it hit a key swing high level and is looking to retrace. I would be interested in buying the retrace down to .618 fib and target the red level marked which is a key daily level.
Bearish divergence on the daily chart is very clear. Also if you check the weekly chart, we had a clear SFP formation which is also a bearish signal. RSI gave confirmation of breakdown when it made a "lower low", this upward movement we saw today is a an opportunity to long the majors- EURUSD, AUDUSD, GBPUSD and NZDUSD. Invalidation of my idea is clear, if daily...
Etherium is reaching key resistance level marked within the red block, R/R is real good for a short opportunity once etherium trades within the bearish orderblock