Long Term bullish/Short set up Idea in the 15min TF to trade into the FVG at the 4hr level.
Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs...
We are at a Daily FVG and from DXY bullish analysis we can expect this pair to do the opposite. Price can still rally but it will be a judas swing, meaning a fakeout. Targets will be at the imbalance area in the discount zone.
We have finished the week in an overall consolidation, weekly profile. Due to the break of structure and price being in a discount from the Monthly range. We can expect for the Dollar to go into a deep premium from the Daily range. For next week we can expect an open and drop scenario at the beginning of the week, to probable create the LOW during MTW trading sessions.
With the great news of the Spot ETF being approved for Bitcoin, many, many people will start to flood the market, expecting higher prices. In wall street terms this "Dumb Money" is the liquidity that the "Smart Money" will use to load up on positions. Remember, buy low and sell high. ;)
Could we see a big impulsive move on XRP? Seems like there is a reoccurring pattern happening after major news are released. Last BIG IMPULSE was from the result of Ripple labs winning the case against the SEC. Recently, they also approved the Spot ETF for bitcoin, that reflects very positively on the market. In my opinion, the effect of them winning the law suit...
On the intraday chart for EURUSD. We can see the best potential set up during the London session. The move was validated when an impulsive leg broke structure to the downside, after taking an old high. After, we wait for an OTE retracement to continue the move down. ALL DURING KILLZONES.
4hr bullish set up in DXY, complimenting long term analysis in last post. Price has been rallying this week, and waited for Non-Farm payroll to top off. With the volatility injected, price went and tap the 4hr- Bearish FVG, and then came to clear old lows ang back to the Monthly TF eq. level. (102.00). As long as we hold the Fib levels, price can still come back...
DXY or DIXIE is currently sitting at discount prices from the weekly range perspective AND went under the Monthly range EQ. level. 102.00. If the current weekly candle closes bullish, we can probably be heading to premium prices in the form of FVG-EQ. TOPS around 104.200 level.
AMEX:IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones. The listed name for IEO is iShares U.S. Oil & Gas Exploration & Production ETF. Right now oil and gas have been dropping, but the reality is that they are ready to take off, there's many wars happening and other conflicts are...
ARKF is an actively managed fund of stocks related to financial technology innovation. The listed name for ARKF is ARK Fintech Innovation ETF. This is setting up beautiful to go back to AT LEAST 50% eq. level, but it can definitely go past that. On the weekly TF. we are waiting for a retracement to the eq. level of the last impulsive move. *Look for imbalance...
Price is under the 50% level. Signifying that price is undersold. Also, we can see in the retracement that we are currently on, that there has been a low form and now we are trading below that low at a major Fib level. For targets, there is a beautiful perfect, eq. tops around the $300 level. Making it inevitable that we will go there.