Dear Traders, This is the last one this year. I want to have a break and detach from the charts for some time now. This is the time of love, family&friends. But this chart actually shows the market phases I define quite well!😀 Thanks for you support in the past couple of weeks, since I became actve here! @TradingView asks us wishes recently... My wish for...
The market has come all the way down to the weekly breakout and the correction fibo 78.6 with an impulse. After such a fast impulse bumps into a strong support, chances are high that some kind of a correction of the impulse will come. It doesn't mean, it turns from here, and goes to new highs, though! The daily countertrend breaks above the daily impulse base...
The daily short countertrend is valid, and the market has reached the correction fibo 50 level. The question is: will it reach 61.8? If the market can significantly break the last clear H4 breakout, it may have a chance. If it turns up, and there is a significant (trigger) candle in the long trigger zone, my target is the weekly target fibo 200. ——— Stay...
After a nice expansion, Bitcoin has reached the weekly target fibo 300 and the monthly 200. From this level, the chance of a deep correction is significant. If the weekly candle closes like this, below the weekly impulse base, the market breaks the weekly structure and enters the correction space of the last weekly impulse. There may be a correction of the...
The correction is valid, and the daily is in sync with H4 in the short countertrend. There is a clean (not yet tested) brekout on H4 that may stop the price from falling, but scale-in is possible when the valid H4 long countertrend breaks. Target zone is the daily 138.2 and the correction fibo 38.2 levels. ——— We may not know what will happen, but we can...
With the close on Thursday, the market entered into the primary expansion phase. A countertrend break on the lower timeframes may push the price to the weekly zone again. ——— Stay grounded, stay present. 🏄🏼♂️ Your comments and support are appreciated! 👊🏼
The market is in a H4/H1 countertrend within the daily minor long trend. I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase. The idea is valid until the daily impulse base is broken. The H4/H1 countertrend is...
The daily trend still holds at all-time highs and beyond every measurable target, but H4 has already turned south. The last clear breakout is on H1 at the countertrend line break, and the market crossed it by a couple of pips. Not significant, but still a close below the trigger level. The position should be closely watched at the daily impulse base. Either to...
The daily short countertrend is valid, and the market has reached the correction fibo 50 level. The question is: will it reach 61.8? If the market can significantly break the last clear H4 breakout significantly, it may have a chance. If it turns up, and there is a significant (trigger) candle in the long trigger zone, my target is the weekly target fibo...
The market has almost reached the daily target fibo 238.2 after an unbelievable run! But every impulse has a correction, so mabe it's time to be prepared. The H4 structure already broke, but there is no new wave, and there is a clear H1 breakout that may push the balance for the sellers. Smart money (my tick-by-tick volume analysis indicator) is selling for...
The market turned south on H4 from the all-time highs and the H1 target fibo 138.2. As long as this short H4 countertrend is valid (the market is below the H4 impulse base), I'm waiting for a bearish H1 countertrend break to target again the correction fibo 23.6 The daily impulse base is in the way, so the trade has to be managed there - it may be a target or a...
The daily structure broke with one impulse, and the correction of this impulse couldn't change to a primary trend expansion. Yet... This is the daily chart with the structure break: If is stays like this (so, the new daily impulse base will stand), and the waves start to build south, the short countertrend's expansion phase will be a nice opportunity to ride...
The market is close to the weekly breakdown, the daily impulse base and the H4 impulse base. This fact alone, may trick the trader. Above the H4 impulse base, the minor long trend may continue, and the primary long trend expansion phase begins above the last clear daily breakdown. Below the daily impulse base, the market may go back to the daily...
This is a daytrading idea. If the last clear M15 breakdown is cleared, the market enters the expansion phase of this minor long trend, going for the H4 resistance zone, with potential targets (H1 target fibo levels) on the way. The idea is valid until H4 trend is up. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to...
The market is mixed on the weekly, long on the daily, be below the last (or highest) clean daily breakdown. The H4 is not in sync with the daily, and the market is between a breakout and a breakdown. THIS MAKES IT A TRAP FOR BOTH BUYERS AND SELLERS. I'll stay away from it. ——— We may not know what will happen, but we can prepare ourselves to respond...
Trends are bullish on every major timeframe, and the countertrend may break, triggered above the H4 breakdown. If triggered, my target is 106k. ——— Stay grounded, stay present. 🏄🏼♂️ Your comments and support are appreciated! 👊🏼
The last impulse, that is visible even on the weekly chart, broke the weekly structure. The emerging countertrend only came back to 23.6, but tested the weekly (and H4) breakout, and turned up in the direction of the primary trend. This is the expansion phase with a target of 109.00, and it is valid until the structure breaks on H4. ——— We may not know what...
Every timeframe is bullish. There is a countertrend on H4/H1, and my trigger zones at the highest clear breakdowns are marked by green. My targets (purple) are target fibo levels at all-time highs. ——— Stay grounded, stay present. 🏄🏼♂️ PS: Please support with a like or comment if you find this analysis useful for your trading day! 👊🏼