10 Daily Outlooks. D6. BTCUSD, EU, XAUUSD, USDCAD and others☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
Weeklymarketsanalysis
XAU/USD 19-23 Feb 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bullish
-. Sub-Internal -. Bearish
-> Has reached EQ.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
I have now mapped sub-internal structure in red to gain a micro-view of the Daily Timeframe.
Sub-Internal structure has printed a bearish iBOS where we are now seeing a bullish pullback.
Bullish pullback has reacted at a Daily POI.
Daily Chart:
H4 Analysis:
Analysis/expectation remains the same as yesterday (16/02/2024)
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently doing.
Await bearish price action to confirm bullish pullback is complete for price to target weak internal low.
H4 Chart:
16th Feb - Daily and weekly anticipated levelsPlease take a look to previous (15th Feb.) daily and weekly levels.
Please pay attention this is BYBIT:BTCUSD.P on 1 hour timeframe.
I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions.
These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels.
Daily levels: These levels are valid for 1-2 days from the day of this post.
Weekly levels: These levels are valid for this week and maximum next week
Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
15th Feb - Daily and weekly anticipated levelsPlease take a look to previous (14th Feb.) daily and weekly levels.
Please pay attention this is BYBIT:BTCUSD.P TCUSD.P on 1 hour timeframe.
I will keep posting these daily and weekly levels everyday, please use these levels as a tool for making your decisions or managing your positions.
These are anticipated support and resistance levels, and their reliability depends on their timeframe, therefore, weekly levels are stronger than daily levels.
Daily levels: These levels are valid for 1-2 days from the day of this post.
Weekly levels: These levels are valid for this week and maximum next week
Please update the chart with the actual price of BTCUSD to see the reaction of price to anticipated levels.
10 Daily Outlooks. D5. BTCUSD, XAUUSD, GU, EU, US100☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
10 Daily Outlooks. D3. EU, GU, US30,100, BTCUSDWill analyse markets and possible entries every day for 10 days. Send your pairs or questions
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
Long term *reliable* Fibonacci levels - lose or rally up? The Fibonacci levels are projected based on weekly price move of BYBIT:BTCUSDC.P from August 2020 till January 2021 .
For reliance discovery please follow yellow arrows. These significant price reaction are happened after revealing the levels. This shows these Fibo levels are highly reliable and has proved it can project the resistance and support levels with higher trust and accuracy. But still it is projection and anytime can be expired.
We are now over an important level of ~48900, obviously we have 2 scenarios for next ~2 weeks;
1) remain
2) lose
Right now there are still 6 days until weekly close, I would expect it closes under this level in upcoming 2 weeks. Unless, we will ride up till ~55500 level. Based on market behaviors it would be logical and stronger to range between 38221 and 48900 for sometime and then rally up.
What is your opinion?
XAU/USD 12-16 Feb 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bearish
-> Has reached EQ.
Price pulled back following bearish iBOS as per expectation.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
Expectation: Price to target weak internal low.
As per analysis of last week, In the event price continues to trade bullish, which it did, the likely scenario is for price to trade up to strong internal high before continuing bearish internal order flow which remains active.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Expectation remains as H4 analysis dated 09/02/2024, for price to continue to trade bearish to target weak internal low.
H4 Chart:
10 daily outlooks. D1Will analyse markets and possible entries every day for 10 days. Send your pairs or questions
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion.
FTMUSDT IMMENSE LONG POTENTIAL !FTMUSDT broke of a long downtrend and retested support successfully.
It is now setting up an optimal entry at a demand area that could potentially lead to large gains in the mid-long term, while the RSI is testing a new uptrend line after breaking a long term downtrend line and testing support.
Invalidation of this trade would be breaking and closing below this area while RSI breaks structure.
XAU/USD 29 Jan - 02 Feb 2024 Weekly Analysis Outlook for the this coming week remains unchanged:
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short.
Price has rejected the Weekly weak Swing High but respected the weekly strong internal high.
Price wicked in excess of Weekly Swing high but failed to close above. This presumably was to sweep liquidity above the strong internal high.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated.
As mentioned last week, request to LTF's would be to shift bearish which price did as per last week's analysis.
Anticipate structure to indicate end of pullback phase.
👀WEEKLY OUTLOOK Jan, 29 - Feb, 2👀Let's see how the price developed during previous week, compare with previous outlook and think what's possible during next week
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment.
Upside potential in UFOLooking very good at this moment to buy on weekly timeframe and daily timeframe also.
This is breakout opportunity as the stock broke the important resistance and also it's 200 EMA on weekly timeframe. And also a breakout of inside candle on daily timeframe. This stock can give you more Risk to reward ratio as the is only 12.5% and the reward that you can expect is around 100% approx.
USD Index ( DXY, DX1! Fututres )... Wait & See!USD Index is in an interesting position, and could go either way. Let the market tip it's hand on Monday, and then trade USD pairs!
Check out my analysis and leave me a comment and/or feedback. I appreciate hearing from my viewers.
May profits be upon you.
XAU/USD 22-26 Jan 2024 Weekly Analysis-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ and price is still in pullback phase in the premium swing/internal, therefore, I would be looking to short.
Price has rejected the Weekly weak Swing High but respected the weekly strong internal high.
Price wicked in excess of Weekly Swing high but failed to close above. This presumably was to sweep liquidity above the strong internal high.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated.
As mentioned last week, request to LTF's would be to shift bearish which price did.
Anticipate structure to indicate end of pullback phase.
PYR Weekly Imbalance Retest : $10 are comingPYR, the crypto that patiently accumulated within a horizontal range, unleashed a rapid breakout, leaving behind a significant weekly imbalance. As we tread water in an ascending channel, the journey to surpass the upper bounds awaits a strategic retest, targeting the elusive $10 milestone.
Key Observations:
Extended Accumulation Period:
PYR underwent a prolonged phase of accumulation, consolidating its value within a horizontal range.
This accumulation laid the foundation for a potential explosive move.
Swift Breakout and Imbalance Creation:
The breakout from the accumulation range was swift, propelling PYR to new heights.
However, the breakout left behind a conspicuous weekly imbalance, signifying a significant pool of untraded volume.
Current Scenario and Anticipated Moves:
Ascending Channel Dynamics:
PYR is currently traversing within an ascending channel, marked by higher highs and higher lows.
The channel signals a bullish bias, but challenges lie ahead.
Struggling at the Channel's Upper Boundary:
Despite the bullish momentum, PYR has faced resistance at the upper boundary of the ascending channel.
The inability to breach this level suggests a need for a strategic move.
Anticipated Move - Retest Strategy:
Retest of Weekly Imbalance and Range High:
To fortify its ascent, PYR is expected to undergo a retest of the weekly imbalance left by the breakout.
This anticipated retest aligns with the range high, providing a confluence of support.
Critical Juncture at $10:
The strategic retest becomes a crucial juncture, determining PYR's ability to overcome historical resistance.
A successful retest could pave the way for a decisive move towards the $10 psychological level.
Strategies for Traders:
Observing Price Action at Key Levels:
Traders should closely monitor price action around the weekly imbalance and the range high during the retest.
A strong bounce from these levels could signal a renewed bullish momentum.
Setting Strategic Entry Points:
Consider setting entry points in alignment with the anticipated retest, ensuring positions are strategically placed to benefit from potential bullish moves.
Conclusion: PYR's Odyssey Continues
PYR's journey, from patient accumulation to a breakout with lingering imbalances, is a testament to the complex dynamics of crypto markets. As we stand at the threshold of a potential retest, traders brace themselves for a strategic move that could propel PYR towards the elusive $10 mark.
🚀 Ascending Channel Dynamics | 🔄 Imbalance Retest Strategy | 💼 Strategic Entry Points
💬 Share your insights on PYR's journey and your strategies for navigating this crucial phase! 🌐✨
EURO Futures (EURUSD) Weekly Outlook... BULLISH1. Daily Swing structure is bearish, after this clear break of market structure.
2. The internal structure is bullish, as price pulls back into premium.
The reaction to supply is significant. It potentially indicates the end of the retracement, and
price now seeking external LQ at the swing low.
3. I am monitoring the FVG above closely. Should price trade through it, it would indicate price
has bearish momentum, and strengthening the idea that the pullback is over.
Should this bullish PD Array hold, price could potentially make a HH, and head to the
premium old high.
Light Crude Oil... BULLISHThis is a longer term view. It may take a couple of weeks to play out.
The Breaker Block + FVG pose a strong bullish indication that price
may head higher.
The BB represents the turning point in the trend, from a bearish to potentially
bullish market. Not to mention price is going from an ERL to an IRL, potentially.
NQ (NASDAQ) Weekly Outlook... Near Term BULLISHBullish next week.... then turning BEARISH.
Price turned bullish after the bullish BOS. However, the bias turned bearish after the ERL, and the IRL is now sought.
There was also the formation of a -BB and a -FVG. Should price
return to it, the expectation is it will be respected, and price will head down from premium to
discount prices.