Multi Timeframe Analysis
Hint: A massive bearish order block spanning 30962 begs satisfaction. Price could surge up to this level until all pending institutional orders are filled. A crash will then follow forthwith.
Mixed Bull-Bearish Narrative:
1. Bearish institutional order block needs to be reached. Price gravitates to such market imbalances.
2. Multiple MACD , RSI , MFI bearish divergence signals on Weekly and Daily
3. Bullish Anti Cypher Harmonic Signals on the daily signify a strong potential bullish surge to first target of 30962
4. 4H bullish Order Block had been breached and price continues to drop.
5. US30 is capped by the 21 EMA on the Weekly. If 27325 is breached, the DOW will fall to intergenerational lows
6. Putin threatens Kyiv with "even tougher response" in case of further Ukrainian "terrorist acts" against Russia. Read more on the Crimean escalation. Stocks and Risk off assets are no longer attractive.
Await a confluence signifying a rejection from current levels, then take a satisfying long all the way to the bearish institutional order block at 30962. From this juncture, we update the next forecast. Watch the other major indices! Expect cryptocurrencies to decline further with the decimation of SP500 , Russell 2000 and Dow Jones
Fundamental Analysis: The threat of nukes had reached fever pitch. There is a chance that nuclear winter will come before the bear winter ends
Remember: life often disrespects charts so trade with caution
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Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
-=ENTRY RULES=-
Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe
For ORDER BLOCK trades
When price reaches a bearish or bullish orderblock, ascertain the price reversal by means of
1. Dojis
2. Morning/evening stars
3. Several wicks.
4. Engulfing candles or three white soldiers in the opposite direction
5. Marbouzou in the opposite direction.
6. Break of trendline or fast EMAs
For SHORT:
4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line
For LONG:
4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line
Divergences:
The 4H, 8H and 12H chart can reveal hidden divergences on the RSI , MACD , Money Flow Index, CMFI, On Balance Volume and Stochastics. When one or more divergences manifest- be ready. Trend reversal is coming. My best practice is to wait for at least an RSI divergence on the 4H, then drop to M15 to see price shifting with a 50EMA aligned with the 4H divergence.
About me
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow ( COT data).
In partnership with capital markets research group Plazo Sullivan Roche Capital of Mahe, Seychelles
Hint: A massive bearish order block spanning 30962 begs satisfaction. Price could surge up to this level until all pending institutional orders are filled. A crash will then follow forthwith.
Mixed Bull-Bearish Narrative:
1. Bearish institutional order block needs to be reached. Price gravitates to such market imbalances.
2. Multiple MACD , RSI , MFI bearish divergence signals on Weekly and Daily
3. Bullish Anti Cypher Harmonic Signals on the daily signify a strong potential bullish surge to first target of 30962
4. 4H bullish Order Block had been breached and price continues to drop.
5. US30 is capped by the 21 EMA on the Weekly. If 27325 is breached, the DOW will fall to intergenerational lows
6. Putin threatens Kyiv with "even tougher response" in case of further Ukrainian "terrorist acts" against Russia. Read more on the Crimean escalation. Stocks and Risk off assets are no longer attractive.
Await a confluence signifying a rejection from current levels, then take a satisfying long all the way to the bearish institutional order block at 30962. From this juncture, we update the next forecast. Watch the other major indices! Expect cryptocurrencies to decline further with the decimation of SP500 , Russell 2000 and Dow Jones
Fundamental Analysis: The threat of nukes had reached fever pitch. There is a chance that nuclear winter will come before the bear winter ends
Remember: life often disrespects charts so trade with caution
------
Market order position upon the confluence of valid entry rules on the 4H or 1H chart.
-=ENTRY RULES=-
Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend.
Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe
For ORDER BLOCK trades
When price reaches a bearish or bullish orderblock, ascertain the price reversal by means of
1. Dojis
2. Morning/evening stars
3. Several wicks.
4. Engulfing candles or three white soldiers in the opposite direction
5. Marbouzou in the opposite direction.
6. Break of trendline or fast EMAs
For SHORT:
4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line
For LONG:
4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line
Divergences:
The 4H, 8H and 12H chart can reveal hidden divergences on the RSI , MACD , Money Flow Index, CMFI, On Balance Volume and Stochastics. When one or more divergences manifest- be ready. Trend reversal is coming. My best practice is to wait for at least an RSI divergence on the 4H, then drop to M15 to see price shifting with a 50EMA aligned with the 4H divergence.
About me
I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow ( COT data).
In partnership with capital markets research group Plazo Sullivan Roche Capital of Mahe, Seychelles