Price tested supply zone Possibility of a double bottom to trap retailers Take a short until 149 zone where the price might shoot up After the short we look for longs
Important pattern Supply becomes demand Demand becomes supply
Structure level 1800 psychological number bulls will defend 4H MA200 strong support Fib 61.8% Entry: 1803.50 SL: 1799.20 TP: 1920
Bearish orderflow Take a short around 153.75 Aim for next structure level 151.30
Forex is a market where a lot of manipulation occurs to get people constantly on the wrong side of the market to grab the liquidity needed to execute their big move. The short-term bias of this pair is bullish, when a big drop happens it will be followed by a healthy correction often. Weekly ended in a doji, daily ended bulllish which means buyers are coming back...
There are 2 possible scenarios for the next days, according to this analysis however a bullish move until 154.7 will be highly probable. The price fell down from the 156 level very rapid so a lot of imbalances left to get mitigated before we continue our bearish overall move to the 149 level. Scenario 1: Structure level holds, we retest the OB from friday and we...
GOLD has a big change to repeat the fractal it had 10 years ago when it made a new all-time high followed by a big correction move. It can take a few monts ofcourse but the long term bias is very bearish. About this trade: 4H supply zone Imbalances on the 1min that need to get mitigated Fib 61.8% Possible 3rd touch trendline Strucuture level retest Price...
Short setup: Structure level retest Supply zone Fib 61.8% retracement 1H MA200 resistance Possible 3rd touch trendline Entry: 156.22 SL: 156.40 TP: 154
Bitcoin will go down. Big short move coming in Entry: 57K SL: 61K TP1: 20K TP2: 15K Good luck.