HollywooodTrades

06:41

HollywooodTrades

I believe this new bearish order block means we should be looking for sellside targeting. Until we get a bullish daily orderblock, now we should be bearish on entries.

HollywooodTrades

Weekly array is very supportive to bullish volume. As we can see, the nearest bullish imbalance zone (blue) was tapped as used as the new rally point as I always outline. With the high of that imbalance bar being used as a very sharp level telling the algo to not allow closes below that high. We will most likely not see any lower into the imbalance range besides...

04:35

HollywooodTrades

Weekly seems to be gravitating to lower levels, clear dealign range and we're sitting in the lower half of it. I predict with everything added coming into the yearly that the new candle will seek for imbalance correction below before finding it's high Monthly showing clear imbalance zone still resting in the lower portion of September's candle. This is...

HollywooodTrades

Weekly levels are still keeping the HL > HH narrative. Going into the year we want to see the nearest weekly lows tested $94K down to the imbalance high around GETTEX:89K , the lower the better here. I believe BTC following suite with the rest of the market is seeking levels for the yearly candle transition. During this process we will expect a strong low to be...

HollywooodTrades

Keeping it simple we can view this as a lower high > lower low sequence as the high we approached a few days ago was never broken. Clear inefficiency below should be the only range that will hold price up but my eyes are on the lowest daily orderblock at the extreme range retracement. Hourly view shows more detail with support levels being extremely...

HollywooodTrades

If we are flexing daily Fib levels, I used the 21600 swing low as the base. If so we have achieved 75% today. It's also interesting that the volume profile POC (dashed) lies within the golden zone, which is also containing the Broken high retest point I believe we have down here over the next few weeks into mid January. Using the space between the broken support...

HollywooodTrades

Pound Kiwi is building support very well. Targeting buyside and scalping long from dips is the way to profit with this pair for the moment. We can expect this trend to continue. Find a good dip into lower time frame FVGs and let the longs rip!

HollywooodTrades

The vol on NVDA has faded and succumb to weekly divergent signaling. The imbalance range seems to be pulling on price for a rebalance. Once price clears this imbalance we will be looking for signs of bullishness in technicals.

HollywooodTrades

The 70% to drop after my Nov 18th post turned out to be 100% Now we are in deep consolidation going into the closing of this yearly candle I predict we will drop further coming into the year but a sweep of the highs first. There is actually no real way to predict which side will unload 1st to start the volatility so we remain cautious and super suspicious of...

HollywooodTrades

We await to see what the DXY wants to do. Will it respect the bearish array and seek to complete it's sellside rebalance? Or will it seek further buyside clearing of old inefficient range above from the yearly chart? I believe the new year candle will seek the high of the current candle closing. We will have some time to see this play out.

HollywooodTrades

For those who don't know, these imbalanced ranged are the keep to a trend. Many use trend lines to inadvertently ride the effect of FVGs but it's the zone itself that is propelling the trend and the line that is generated as these keep stacking is a byproduct and a secondary technical tool. These zones are where Supply and Demand will be the strongest! Keep your...

HollywooodTrades

Massive supply block above the range with buyers trapped above volume profile Point of Control (dashed white line) The bearish block that got traded through was supposed to give bears a way out as price travelled back into it but they held their positions short meaning none of them really got scared by the rally above that block We can assume this is an...

HollywooodTrades

There should be a good long happening from this range. The leg that pushed down is a Judas sell run that never swept any of the 4H highs so all off it is structureless making it easy to be long into the FIB levels ✅

HollywooodTrades

As we reach the week's closing, the dollar is expected to create another swing high here. With the supply in place after reaching a take profit level, it may be expected to be a failure to reach a higher high. We will see come next week what they decide on 🧐

HollywooodTrades

We know that EU and the whole correlated marked are at inverse ends of the Spectrum. DXY sitting heavy into a supply range and EU in demand. If we see signs of a liquidity exchange here with long bullish imbalanced movement, we can try to capitalize on a potential windfall long of a couple hundred pips to the next supply zone up on the daily levels.

HollywooodTrades

The bullish array we are at now contains a flipped imbalance and can indefinitely hold price within it's boundary preventing a close lower close. If this is the case, we will see heavy wicking in this area and a reverse to the high of the Friday candle high. Depending what happens at the high will determine what to expect next. The main observation that is...

HollywooodTrades

Self explained move when you understand time based charts and how they need to rebalance based on a new candle correcting the one way motion of a previous candle. We are free to allow this new quarterly to either drop to a new low below the current low or just meander in the middle of the range. We prefer one way motion all the way towards the low at this point...

HollywooodTrades

As you can see on my markups, these are the meat of the bearish arrays. As DOW and S&P push into ATH deviations, it will bring NAS up through its resistance but there is a high chance that there is an institutional taking of profit before NAS reaches ATH. Keep your eyes on the ATH as draw until we get a daily bearish imbalance. This bearish block won't hold for...