Trader Mcenzy — Trading Ideas & Charts

, 4DLong

Mcenzy Updated

BTC broke above the white line resistance on its 4-day chart, showing bullish momentum. The volume profile supports this breakout, but the price has recently consolidated around support levels. The next target is around 30K, but caution is advised due to BTC's high volatility.

EURUSD Breaches Critical Support Level

EURUSD

, 1DShort

Mcenzy

The EURUSD price has breached the critical support level of 1.06263, with volume profile confirmation indicating a potential downward trend towards 1.02570. As EURUSD is typically associated with the stock market and the USD value, this development may result in a decline in the SPY index.

8% drop

ETHUSD

, 240Short

Mcenzy Updated

Price dropped below the Support line ( which was validated by volume profile ), it expected to drop and touch 1460, about 8%

8-9 % drop in BTCUSD

BTCUSD

, 240Short

Mcenzy Updated

Price dropped bellow the support line of 22800 (validated by vol profile) , and now retest the resistant black line, Expected to drop to 21200-21300.

28 % profit opportunity

QNTUSD

, 600Long

Mcenzy Updated

In phase D of the Wyckoff scheme. I would buy ONLY after the price passes the High of SOW. The TP would be based on the volume profile of a higher timeframe. Good luck. -m

Simple Long

ETCUSD

, 480Long

Mcenzy

ETCUSD , Passed the oblique resistance and will rally about 12-15% up to 22.60. The volume index supports the breakout.

Small short and then Long

ETCUSD

, 15Long

Mcenzy Updated

The ETC started its long run, will have retrace to 24.68 then will jump to 27. As shown, the price was closed below the short term trend line. Volume profile supports.