Rising Wedge Breakdown: The price is breaking down from a rising wedge pattern. Rising wedges are generally seen as bearish reversal patterns, especially when the breakdown occurs after a significant rally, which suggests a potential reversal of the uptrend. Fair Value Gap (FVG): The chart highlights an FVG (Fair Value Gap), which could indicate that price might...
Elliott Wave Structure: The chart indicates the completion of a 5-wave Elliott Wave pattern, with a corrective ABC pattern potentially unfolding. The current price is near the B-wave completion, suggesting that a downward C-wave may follow. Fibonacci Retracement Levels: The price is nearing significant Fibonacci retracement levels (61.8% and 78.6%), which often...
Technically we are retesting 69k resistance from below 2 fake outs, 2 retest from below, 2 + 2 = 4 In finance it means implied volatility (IV) is essentially a measure of how much the market believes the price of a stock or other underlying asset will move in the future. They want you to believe CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:SOL CRYPTOCAP:ADA ...
While most gamble on the 1 minute, gold was very profitable this month, just follow the flags. Another bullish setup to be monitored is formed; its possible we retest 2400 level before moving to ATH.
While most gamble on the 1 minute, gold was very profitable this month, just follow the flags. Another bullish setup to be monitored is formed; its possible we retest 2400 level before moving to ATH.
CRYPTOCAP:BTC its highly likely BTC is forming a bearish triangle, I do not exclude one move higher to 72.8K term before dropping to 58-52k which will be a nice dip to buy BTC or open a long just pre halving, supply shock follows, and we should see strong move to 80-95k
Bullish 1-2 setup, first wave complete, third wave about to start as BCT is finishing B wave
Be bearish when everybody is bullish, healthy correction wave c of 4 where after we will see 5th wave to the upside. This C wave might be shallow as there is lot of liquidity inflow.
Structure broken, previous low violated, entry on the pull back; if no news this should follow through nicely.
Same plan, structure broken with a nice FVG, wait for break of buy side liquidity for safe entry or from FVG at trend line; that's my personal plan. No financial advice
Typical judas swing, trick you short by taking out Asian low (intention and direction) trick people long take out Asian high (fake out). The MM push towards Asian low and hopefully beyond
Institutions tricking the masses, looking for weekly level below in my humble opinion.
Still holding my long positions however look at the volume; you clearly see where institutions are buying and where retail is buying. I am preparing myself while holding my longs.
Possible playout from the 78.6& fib retracement to the upside, break out structure (trendline) and my personal price volume indicator shows a re-test to the downside. Still worried about weekly double top. So I will monitor carefully
First setup failed, however expecting that last wave to the upside still. I will wait for a breakout above breaker block with FVG to enter.
They say the market is betting favoring the JPY strength, they misleading you. Psychological we aim for down as we are over extended, on the weekly we are still in a wave 5 resulting minimum in a double top at green horizontal line, wait for Asian sweep low, Choch to the upside
Already in a short since Friday based of lovely head and shoulders pattern, it will be a swing short. If possible we will revisit a 1h order block close to our entry, possibly I will stack with another short. I am anticipating market correction as rate will most likely hiked again. Betting market crash, so far 436 pips in profits more to come imo.
Looking for a bullish setup from FVG or from the 2h OB. This will depend on the morning sessions and what price will show me during London kill zone. I am aiming for a fake out above Asian highs, fake out below Asian range low. If exactly this happens I am open for a heavy long, Think EURCHF has been shorted to smithereens and the volume and lower time shift in...