Strong trendline break 8H impulsive bullish push breaking previous structure SSL has been taken, slight FVG not quite filled this is left by the BFI's to collect orders at a later date watching to see if price pulls back to the golden fib zone 50 - 61.8 and potentially respect 1.26200, 1.26500, 126.800 psycological levels *** if anyone is interested the...
Yen index is approaching monthly support this could give us a double bottom last visited this structure point in Jan 2018 if price holds and moves (JPY index) bullish we can look for xxxjpy sells if price breaks through i'd expect unmitigated monthly demand to be yen's next downward target however this would take a very long time to fill the imbalance Me...
Back tested EU Simple order block strategy incorporated into the asia sweep system i trade through London Asia low wasn't swept and london opened mid asia range and continued through london and NY continuation Trade was taken on Wednesday 9th March, possible push through both sessions with a thursday, friday reversal Get to know your pair(s) 5m chart is...
Had a break of trendline showing possible momentum shift. Bearish impulsive PA breaking 155.200 and retesting this level before impulsively pushing down breaking 152.800 Price broke through 152.800 Looking for a pullback to 152.800 and for price to continue bearish or we could possibly break through 151.200 and then look for a retest of that level before...
Potential to push lower and respect 29k (eql's). If we breach 29k unmitigated demand zones are potential targets. . Potential push into ltf supply and daily demand to be mitigated (imb to be filled). I am still bullish on bitcoin if 29 holds. Trade what we see react and adapt.
Paint a picture of what's happening Mark up to your setup and wait React and adapt to market conditions Asia high swept Asia low currently being swept looking for price to tap into LTF refined unmitigated demand zone sweeping liquidity in the process Possible NY reversal
Looking for price to push down before returning to the upside Will look to lower tf's to wait for a possible break of structure DXY looks like it has potential to push up higher before a possible reversal
Just a few examples of how the markets move. Using supply and demand. Trending markets. Trend reversals. Liquidity, ranges and imbalances.
4H and higher TF showing downward momentum. 1.17000 acted as support which was broken and acted as resistance. Slightly broken back above 1.17000 Now looking for price to take out liquidity and fill the imbalance. Before a possible push further down to Daily structure.
Looking for price to initially push up and to reverse in anticipated direction
Looking for price respect support and push back to resistance or push down into structure and then push back up. Always allow the market to play out until your confirmations are present before entering
looking for potential pullback (new HL at golden zone or to form new equal HL which aligns with 200ema) for momentum to then continue higher
Multiple outcomes for this pair which i've roughly outlined a few on the chart. However i am expecting as stated on the chart. One i'm watching and as always will react and adapt to market conditions. feedback welcome as always, trade safe guys.
My personal bias is still bullish. If we can hold above 35k i believe we will see 40k - 42k once again. Longer term should we break 40k - 42k, then 60k is easily achievable once again. Currently waiting for pullbacks to the 32k - 33k zone and would look for long opportunities from here. All charts, analysis are all in my own opinion, do not deem this as fact...
Looking for price to push up into the potential yellow reversal zone and then sell off.