Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
This trade follows market structure of lower high and lower low formation. The end of the retracement move is suggested by multiple wicking candles on the 4 hourly chart. Double top and fib confluence.
Momentum to the upside has slowed down and price action suggests a reversal.
There has been a breakout from the consolidation fair value price area...
STF corrective price movement suggesting that there is a build up of value before another impulsive run.
price is currently resting at a strong demand zone...
Price has been very corrective as of late and has reached a supply zone.
reversal cards are on the deck. According to structure, bullish impulse moves are on the way.
fibonacci based pullback with h and s reversal confluence...
Looking at momentum, if price reaches fib level, I have fib extension targets of 50+ pips.
Price action should play out well.
very choppy in nature, but the corrective price action on the stf suggests that a breakout is pending. Patience is needed for accurate execution.
the lack of momentum and double top formation suggests price will drop
h&s and fib confluence.
If structure stays in tact, we should see price go higher.
corrective structure, fib extension targets.
The significant pullback has given the bears a good zone to short from, we should see price fall from here...
bullish flag pattern to sell zone then melt...
If structure is respected, price should swing lower.