Looking for CAD to revisit market structure which aligns with the Fib levels of the overall impulsive leg down made on 4/13/22. Target 2 will complete the Fib Extension.
If $41,766 level is violated, expect price to head to the $41, 300 price region.
We are looking for a big correction on OGN. It's massive run up recently was unexpected and appears to be whales pumping and then unloading. The project is currently over extended and appears to be heading back towards the 20 and 50 MA's. We are looking for price to return to 47 and 41 cent region and 36 cents as the third level of market structure.
Look for pair to visit minor downside targets to market structure. Confluence shows key market levels are aligning with Fib Levels and Extension points.
Allow price to make its move to give us a clear price trajectory. This allows us to avoid being in consolidated ranges where we see our value fluctuate.
Look for price to retest market structure for a short term move. We will monitor price after that level is achieved. The US Dollar could see some strength as the war heats up. We expect a push to second zone after clearing and retesting first structure.
Look for price to close the gap to the upside. Also 20 and 50 MA are hanging out in the gap. Perhaps a kiss to the MAs with price is what we need to complete the short term reversal.
Apple appears to be in a minor correction. We have market structure to the upside where a gap is needing to be filled. Also we have confluence on the lower time frame where the Fib extension lines up with key market structure.
Price has come into demand zone. We also have confluence with golden ratio sitting at demand zone.
We expect Bitcoin to enter into the loading block zone to complete the Bearish Impulsive leg. From there we can expect price to range bound within this accumulation zone. Once orders complete, expect Market MAKERS (WHALES) TO RESUME BULLISH TREND. We also have the golden ratio within the loading zone.
Inverted head and shoulders forming on the 1hr time frame. Look for price to break structure to take trade back into market structure.
Bullish reversal looks like it setting up on the E-Mini. As long as 4648 holds, we could see a reversal to collect SL premiums on short contracts.
Head and shoulders pattern setting formed on the 15 min chart. Let's see if we can get a break of the neckline for confirmation. First target level 115.254 Second target level 115.136 Third Target level 114.793
Price has reached the neckline. If broken we can see price push down to $30k region. This also is inline with Bank Order Blocks at those levels. This confluence lines up with the Fib Level Golden Ratio.
We see a development and retest of an inverted head and shoulders on the 30 min time frame. We are in a retest currently and expect price to rally at minimum to T2. However, T3 looks to hold strong as an area for market structure.
Looking for bullish continuation to market structure. Bears are getting set up for a trap. Sentiment data shows 58% of traders are currently Long while 42% are short. We like to take a contrarian view. However, with market structure shaping up, we can expect price to complete it's bullish impulse leg to the upside target setting up a nice reversal for a bearish...
Double Bottom on the hourly. Look for price to break 1.5677 region for confirmation to go long.