My idea for EG over the coming weeks. I have three scenarios, one internal and two potential swing outcomes. I think the grey is the most likely followed by the idea in green
After an aggressive pullback though the range it is possible that the pre-halving dump is done with. BTC's price got to a level where it no longer seemed a viable buy and will need either a pullback to offer better value or a period of reaccumulation which is what we may have experienced in the previous weeks. I have mapped the Wyckoff reaccumulation schematic...
Yesterday was a dull day and I only have the London session to play with, today. We have reached that weekly point of support that I have been talking about for a few weeks, I'll post an image below. If we close a weekly candle below it then I expect some serious downside for EU but it will likely sweep it first so we could be a few weeks before the anticipated...
Here is the canvas version as per my video idea. EU has confirmed bearish intent so I will be adding more risk to shorts. I have marked the zones I expect a reaction from so will be looking for reversal / continuation type confirmation entries.
Plan for the week for EURUSD I would normally push this out on a Sunday but I have been pushed for time and also the h4 was right in a zone that made it hard to work with. Now that it has pushed though this zone and shown some intention I am happy to give you my thoughts. It is now looking like the H4 has confirmed bearish order flow which lines up with the...
Bullish price action in EU, today. I am expecting shorts but we clearly have come liquidity to grab before the move down. I have marked the zones I am expecting a reaction from and will set alerts. Lots of news in NY today so it would be nice to catch a move in London if possible and call it a week
It looks like the H4 demand zone that has been propping up the weekly chart may fail, today giving us the opportunity of some strong sells for the quarter. I have marked the zones I will be looking for shorts from with confirmation entries. High impact data releases during NY
Lots of high impact data releases today which may make GU un-tradeable. I have marked the zones that I will be looking at for GU shorts
Crypto madness! The most feral of asset class there is! For me this rally is strong but cannot go forever. As you can see by my annotations, I anticipate a pullback. If the weekly supply gets a small mitigation then I expect the H4 demand to be able to push further into it, essentially acting as a trap for early sellers. In this scenario, it will provide a...
I will be looking for confirmations on this short. The higher time frames aren't giving anything away so I am basing my idea on momentum. I will not enter this setup without string confirmations
Much the same as EU although not as clear. I expect the same scenario where supply takes the ball and pushes us down for a time.
I am waiting for the sell pressure to take hold after the weekly shift in market structure to the downside to line up with the major trend. Liquidity has been created on both sides but I'm confident that supply has got the upper hand. I will be looking for buys up to the H4 supply zones before moving into sell mode, being careful of the fact there is more than one...
Revisiting Bitcoin after a month and the weekly inducement has been a problem for it as per the previous analysis. There has been some sideways action, making it unclear but I will be looking short to rebalance some of the recent bullish price action before the bulls really take control
This H4 idea is based off the weekly which I'll post in the updated
I haven't traded this week due to being busy with another project and it doesn't look like I've missed much. I'll be around today, though. High impact news at NY open and later on the day. I haven't got a bias because the M15 has changed character several times and swept the top and bottom of the range. I'll just see how it goes. I am more bearish due to the...
Price action is rough after the news on Friday and it is a bad time of the year. We may get some opportunities, we may not. Keep targets minimal. Take what you can
I'm rushing this out because price is interacting with the M15 extreme order block right now. We have had three confirmed M15 reversals in the last two days so it could be that price is settling down for the holidays. As usual, here are my thoughts and I will keep you updated, below. High impact news release shortly after NY open
As the festive period draws near, the market is becoming more unpredictable as you can see by the series of M15 reversals. This coupled with yesterday's terrible price action during NY has led to a char that is hard to read objectively. I am posting my idea in the name of consistency but I am not hoping for anything solid to materialise and if it does, I probably...