This is an update for BTC regarding the overall potential move that can happen. I believe that price can fulfill 26.5k and even retest 27.5k before dropping lower. As soon as price manages to break below 25.85k, BTC can drop dowards 24k and even 23k before climbing strongly up.
Gold H4 structure is not too clear yet however based on daily and weekly, I am looking for lower prices before a move up. My idea is to short gold should the price action within the supply zone show signs of an entry (1m) (only valid for the next 2 hours due to FOMC) This is a valid flip zone on the M15, in a discounted price within the 15m structure. Price is...
Fibre CPI released yesterday and price still has not traded into the buyside liquidity. Expect this to be taken today, ideally pre NY the price will retrace to one of the zones I have marked and then displace higher for the liquidity. FOMC We have US interest rate release tonight, therefore we will see some manipulation.
Now we just need some news to get dropped. Some positive ones, and we are ready to do.
Hello, traders! Today, I present an intriguing short trade idea for VKTX stock, capitalizing on a market structure shift to the downside. Prepare to ride the bearish wave as we explore the details of this trade opportunity. Trade Overview: We plan to enter the market at $24.14, strategically positioning ourselves after a market structure shift to the downside....
Hey traders, This is an update to a previous long idea. Remember, keep it down to the very basics... In the GBPUSD market, we have a trending market off the daily timeframe and I saw the short-term price retracement as a buying opportunity.... Given that the OFA script had fired a DIAMOND pattern. This makes us build the thesis to look for long positions in...
Greetings, traders! Today, I bring you a compelling swing trading idea for ASPI stock. After carefully analyzing the chart, I have identified significant market dynamics indicating an opportunity to capitalize on sellside liquidity and a market structure shift. To enter this trade, I recommend considering a position at approximately 50% of the fair value gap. It...
Bias: downgrade from Bull to Neutral. Positioning: Looking for entries to short. 15m fractal: So I began a short position in the form of long puts after trading back into Premium and making a run on internal buyside liquidity. Currently up 30% so may cover this position if we do not see displacement below 4100. 60min fractal: An idea here would be to long the...
This is a summary and update of my earlier ideas on "the development of the stock market in the coming months". I updated the channel and the timing. The path (which is the main idea) remains the same. Also I changed to the symbol to NDQ. It will keep only this version from now on. And I thought it might be interesting to add some information on how to trade this...
Fibre 15m chart is very interesting, if we consider it is mechanically making a demand chain, the next draw on liquidity is the daily buyside. Post CPI, we should look to see if there is an obvious demand to trade from. I will be looking to see if price can trade to the M15 flip marked out which is lower than the daily opening price offering really good...
H4 We have now technically had a break of structure to the upside, price has closed above a structure high on the H4 chart, still as some supply to take out prior to a daily Break of structure. Post CPI Once CPI figures are released we will be able to see the true draw on liquidity, buyside looks appealing with relatively equal highs. Price has recently traded...
Looking at the 3day chart, we can actually see that a falling wedge pattern has been formed since the latest high at 31k. But because this type of wedge has a fakeout before the breakout most of the times, I still believe that BTC can drop towards 23-24k to liquidate the latest area of imbalance. This form of liquidation would gather all the strength needed for...
Unfortunately this trade took the high prior to retracing to the demand zone. Was taken out by a fraction of a pip, showing the low was not protected. SL was slightly lower than the extreme of the strong demand zone, however often during the lead up to CPI & FOMC rate release there is alot of chop. This is trading and sometimes you take losses Am now looking...
I think this was a pretty good cluster on the LPOD that just verified the 3rd MB, so EU really could just mark up unless this is a way bigger distribution under going, if price breaks down with intention of going lower we could except it to continue to run lows targeting higher highs for now
NAS100 DROP? THIS is what i am forecasting for nas100 for the coming months
After taken out highs, price has not yet mitigated the OB that caused the move which broke the previous HH on higher timeframe.
We saw a nice dump on dxy this morning initiating a weekly reset. CHF broke below value area low on my volume profile. At this time dxy is also taking out previous week low, scooping up liquidity below the 4hr bullish order block. It might still bounce from the 50 EMA below the 4hr order block, which will cause CHF to sell a little bit more, But after that bounce,...
Goldie H4 chart still trading inside the range accumulating orders. Plan, ideally we will see gold displace and take out either H4 sellside or buyside, after this I will look for structure enabling me to prepare a trade plan. I will trade gold once the structure is clear