Price of Ethereum is currently following my model. I am also more interested in being a buyer than a seller as can be seen from the analysis Therefore, my target for Ethereum is about $4k Let's see how this plays out
First, notice the way FOREXCOM:EURUSD and FOREXCOM:GBPUSD were acting at it's respective highs. It's a sign that price is about to reverse. EURUSD was not able to rally to the upside while GBPUSD rallied and took out the buyside liquidity and that is why the SMT with GBPUSD was formed. To confirm the SMT, price would have to break lower, which it did as I...
I am honestly surprised that the price of Bitcoin could reach all the way into the 59k region, I had already concluded that there was an SMT that would take price higher, but that is what trading is all about, isn't it? Now, after the Sell-side liquidity of bitcoin would be purged, this would induce short sellers into the market, this won't last long as I expect...
As seen from the chart, the price of Dollar is very bullish on the higher timeframe. Now that price have tapped into the weekly FVG and rejected perfectly to the upside I expect one of two things to happen that will make price to reach for higher prices 1. For price to take out the Previous week's low and then rally to the upside 2. For price to simply expand...
I do not see this week expanding, that is my opinion but if it does so then that is what we shall use to make profits. First, notice that the bulk of the month of April came from the second week of the month and then the third week consolidated. Meaning, after an expansion, a consolidation occurs. Ask yourself this, what comes after an consolidation? I would...
While everyone is bullish on FOREXCOM:EURUSD and FOREXCOM:GBPUSD , we will be looking for a leg lower. Why? Because the Higher timeframe dictates so Study my previous analysis on EURUSD Also, I would like to see price to reach into the sellside liquidity. Therefore, my target is below 1.0600
Now that the market price have reached into the Discount FVG on the daily timeframe, we could expect some longs to the upside My primary target is 1.4000 If you are a swing trader, I see this as a good opportunity to long as coupled with the fact that the Weekly timeframe supports the idea of a long on this pair As a day trader that I am, I will wait for...
Buyside Liquidity have been tagged, it remains the Sellside Liquidity I want to see a break below the highlighted swing low and then a break to the downside to confirm bearishness. Then I will look for shorts I want to see price at 1.22997
Based on purely Technical analysis, the price of Ethereum have taken the sellside liquidity. If you notice the Higher timeframe (the monthly Timeframe), you will notice that the price is currently extremely bullish and also price is currently sitting on the Monthly FVG, this makes the price action still strongly Bullish Also, the timing of the sells are not...
It should know that when the price of ETHBTC is on a downtrend, this generally signifies that Ethereum is weaker than Bitcoin(especially when Ethereum and Bitcoin are both Bearish). If ETHBTC is bullish, like the above chart, it signifies that Ethereum is stronger than that of Bitcoin. How does this chart affect the price of Bitcoin and Ethereum? It simply...
Price have hit the Weekly timeframe bearish OB and also forms an SMT with EU, I would expect further expansion to the downside into the Sellside liquidity at 1.25 level
I always look at the Higher timeframe charts before trying to reach a descision on whether I am bullish or bearish After careful observations, I am bullish on ADA Price takes out the buyside liquidity and then also takes out the sellside liquidity. Dumb money or investors/traders that lack experience will see that as a break to the downside and sell immaturely....
There are a lot of factors that made me to be strongly bullish to the upside from now #1 The technicals : The higher timeframe is still bullish. The monthly timeframe is bullish. There is also a Monthly FVG that price reacted from and the SMT that was made with Ethereum and was also validated by the break to the upside #2 The upcoming Halving : By simple logic...
The price of US500 is still bullish, both on the daily and also on the weekly timeframe. Price topped last week friday and then have been on a retracement since until price changed the direction yesterday by breaking market structure to the upside Notice that the lows of the week is also most likely to have been formed already and then broke above I want to see...
After the Bitcoin's expansion, the next profile would be the consolidation which have shown itself in the last 2 weeks Also, price action shows indication of a retracement into the sellside Liquidity with the help of the SMT with Ethereum. I will wait for the break and a close below price at 50,521 before I look for sells to take out the sellside Liquidity
I believe that price have reached into a temporary high and wants to retrace to the downside. Price takes out the buyside liquidity and then breaks to the downside on the 4hr timeframe I would love to see another break to the downside and then another retracement before I can go short on Dollar Index. My target is the Unfilled gap below current market price. I...
Firstly, happy new year to everyone on TradingView. Secondly, AUDUSD price action is set for longs. Price reaches into a discount array on the daily timeframe which is the Daily FVG. The NFP news must have sucked traders into a short positions, that would all be liquidated by the time price rallies to the upside I want to see those relative equal highs to be...
Suffice it to say that the Dollar Index and USD/JPY have a strong positive corelation with each other. Each of the pair made a low almost within the same time and then rallied simultaneously to the upside With this projection, I reckon that the price of USD?JPY will reach it's recent top and that of Dollar would tackle towards 108 and above Watch out for foreign...